
Title: TRON vs. Cardano: Will TRX overtake ADA’s $23B market cap?
The cryptocurrency market has been witnessing a series of unexpected price movements, and it’s crucial to monitor the trends closely to make informed decisions about investments. In this article, we’ll be discussing whether TRON (TRX) can potentially surpass Cardano’s (ADA) staggering $23 billion market capitalization.
Recent data suggests that TRX has shown remarkable growth, with its market cap exceeding $20 billion in December 2024 and setting a new all-time high. If the current market trends continue, it is possible that this upward momentum may not be sustainable for ADA, as it is more susceptible to losing key support levels compared to TRX.
One of the most striking differences between the two currencies lies in their on-chain metrics over the past year. Cardano has struggled to regain its footing above the $1 mark, which can largely be attributed to a substantial 42.6% decline in daily active addresses since last year, now numbering approximately 23,477. In contrast, TRX has witnessed an astonishing 53.1% growth in active addresses, reaching a record-breaking 2.6 million. This disparity further solidifies TRON’s position as the stronger contender in the market.
Furthermore, the data reveals that TRX dominates DEX volume with an impressive 76.1 million, outperforming Cardano’s paltry 1.9 million significantly. Additionally, TRX has surpassed the critical 1 million mark in fee generation, whereas ADA is stuck at a mere 8,900.
In conclusion, these statistics unequivocally demonstrate that TRON is far outperforming Cardano in terms of network activity and adoption. Given this momentum, it’s highly plausible that TRX may potentially surpass Cardano’s $23 billion market capitalization.
References:
* Artemis Terminal
Source: https://ambcrypto.com/tron-vs-cardano-will-trx-overtake-adas-23b-market-cap/