Dogecoin

Cardano

FOMC

<p>Dogecoin (DOGE) is getting close to taking back its spot from Cardano (ADA) in the crypto ranking. Right now, DOGE is in ninth place, but after a 3% price jump, it’s closing the gap with ADA.&nbsp;</p> 
<p>DOGE’s market value is now $25.35 billion, while ADA’s is slightly ahead at $25.71 billion. If this trend continues, DOGE might flip ADA again very soon.</p> 
<p>According to CoinMarketCap, DOGE is now priced at $0.1704 with a 4% gain in market cap A reason for this is the 3.16% rise in open interest, according to data from Coinglass&nbsp;</p> 
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  <img loading="lazy" decoding="async" width="860" height="243" src="https://www.cryptotimes.io/wp-content/uploads/2025/03/DOGE-Open-interest-860x243.png" alt="DOGE Open interest" class="wp-image-247023" title="Is Dogecoin (DOGE) About to Outrank Cardano (ADA) Again? 6">
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   DOGE Open interest | Source: <a href="https://www.coinglass.com/currencies/DOGE" target="_blank" rel="noreferrer noopener nofollow">Coinglass</a>
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<p>Around $1.5 billion DOGE has been committed to trading. If this momentum keeps up, Dogecoin only needs about $360 million more to overtake Cardano in rankings.</p> 
<p>A while ago, Cardano managed to pass Dogecoin because DOGE’s price dropped. This happened because of a bearish trend, at the time the price was struggling to go up, and investors started selling. That gave ADA the edge for a while. But now, things are shifting.&nbsp;</p> 
<p>Additionally, the number of active users of the DOGE blockchain has increased by 400%, to a total of 395,000, as recently confirmed by crypto analyst Ali. This means that many more people are now using Dogecoin, which can help drive the price higher.</p> 
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  <img loading="lazy" decoding="async" width="860" height="408" src="https://www.cryptotimes.io/wp-content/uploads/2025/03/DOGE-daily-active-addresses-860x408.png" alt="DOGE daily active addresses" class="wp-image-247024" title="Is Dogecoin (DOGE) About to Outrank Cardano (ADA) Again? 7">
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   DOGE daily active addresses | Source: <a href="https://x.com/ali_charts/status/1900806922661753016?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1900806922661753016%7Ctwgr%5Ea536d42f7e0526f65211c274c0eb2c757861c444%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Fdogecoin-network-heats-up-as-active-addresses-surge-400" target="_blank" rel="noreferrer noopener nofollow">X</a>
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<p>Crypto markets move quickly, and a lot can change in one night. Right now, DOGE is gaining strength, but it still needs a little more push to pass Cardano.&nbsp;</p> 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 <p>Also Read: <a href="https://www.cryptotimes.io/2025/03/19/fomc-meeting-today-how-will-the-crypto-market-react/" target="_blank" rel="noreferrer noopener">FOMC Meeting Today: How Will the Crypto Market React?</a></p> 
</blockquote>

Is Dogecoin (DOGE) About to Outrank Cardano (ADA) Again?

The Crypto Times

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