TRON Enters Top 10 Cryptocurrencies by Market Cap, Overtaking Cardano
TRON (TRX) has climbed into the top 10 cryptocurrencies by market cap, displacing Cardano to 11th place
The market value of TRX is currently $12.6 billion, while ADA is $12.2 billion.
The main reasons for TRON's success were the steady growth of user activity and the increase in the number of transactions on its platform.
According to DefiLlama, the number of active addresses on Justin Sun's network is currently 2 million. At the same time, Cardano's figure barely exceeds 22,500.
Currently, TRON is in the top three by total value locked (TVL) - $8 billion. The network is second only to Ethereum with a figure of $49 billion.