Ethereum

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<p dir="ltr">Cardano (ADA) is in the spotlight as one of the few top altcoins with residual gains at a time when many digital currencies are shedding their gains. Over the past 24 hours, Cardano has&nbsp;<a href="https://coinmarketcap.com/currencies/cardano/" rel="noopener noreferrer nofollow">rallied</a> by 5.19% to $0.3705. This is a breakthrough, as its market capitalization has now jumped to $13.32 billion.</p>
<h2 id="return-to-big-leagues">Return to big leagues</h2>
<p dir="ltr">This mega bump in Cardano’s market cap has pushed it back into the top 10 most capitalized digital currencies. While this ranking changes regularly, it is a sign of growth for a protocol that made the headlines on different occasions this past week.</p>
<p dir="ltr">The proof-of-stake (PoS) blockchain dropped from the top 10 earlier this month, as Tron (TRX) recorded an impressive bump in ecosystem sentiment. The meme coin pivot for the blockchain triggered a lot of positivity that saw TRX rise as high as the ninth asset ion the market.</p>
<p dir="ltr">The implication was that Cardano was&nbsp;<a href="https://u.today/cardano-falls-tron-triumphs-meme-coins-shake-up-crypto-rankings" rel="noopener noreferrer nofollow">displaced</a> and stayed below the top ranking for weeks. The recent uptick marks a mini-milestone that ADA investors might appreciate. Whether Cardano now stays on top remains another crucial conversation overall.</p>
<h2 id="maintaining-cardano-innovation-trail">Maintaining Cardano innovation trail</h2>
<p dir="ltr">Despite the current price action, the innovators behind Cardano, including Charles Hoskinson, are more focused on innovation.</p>
<p dir="ltr">Recently, Cardano was featured in a poll, along with Ethereum and Solana, as the community sought out the protocol with the best technology. Unsurprisingly, the community&nbsp;<a href="https://u.today/cardano-ada-dominates-ethereum-and-solana-in-most-recent-poll" rel="noopener noreferrer nofollow">voted</a> en masse for Cardano, a major validation of its innovation.</p>
<p dir="ltr">Also, Cardano developers have made a breakthrough in establishing a direct interoperability route to the Bitcoin ecosystem. A smart contract deployed on Plutus V3 Engine will make this possible, as announced by ecosystem developer elraulito and&nbsp;<a href="https://u.today/charles-hoskinson-reacts-to-cardano-bitcoin-correlation-update" rel="noopener noreferrer nofollow">confirmed</a> by Charles Hoskinson.</p>
<p dir="ltr">Overall, more usable products might help Cardano stay relevant, helping the price sustain its growth momentum in the long term.</p>

Cardano (ADA) Hits First Major Breakthrough in Weeks

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