Bitcoin
Bitcoin (BTC)
$63,833.00 -0.74464
Bitcoin price
Ethereum
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$3,421.62 0.34279
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BNB
BNB (BNB)
$570.17 0.04136
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$158.26 1.06564
Solana price
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$0.5689840 -9.60188
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$0.0000172 -8.00715
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$0.0000116 -2.28337
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$0.0000266 -1.21589
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Bitcoin
Bitcoin (BTC)
$63,833.00 -0.74464
Bitcoin price
Ethereum
Ethereum (ETH)
$3,421.62 0.34279
Ethereum price
BNB
BNB (BNB)
$570.17 0.04136
BNB price
Solana
Solana (SOL)
$158.26 1.06564
Solana price
XRP
XRP (XRP)
$0.5689840 -9.60188
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -8.00715
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 -2.28337
Pepe price
Bonk
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$0.0000266 -1.21589
Bonk price
Bitcoin
Bitcoin (BTC)
$63,833.00 -0.74464
Bitcoin price
Ethereum
Ethereum (ETH)
$3,421.62 0.34279
Ethereum price
BNB
BNB (BNB)
$570.17 0.04136
BNB price
Solana
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$158.26 1.06564
Solana price
XRP
XRP (XRP)
$0.5689840 -9.60188
XRP price
Shiba Inu
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$0.0000172 -8.00715
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 -2.28337
Pepe price
Bonk
Bonk (BONK)
$0.0000266 -1.21589
Bonk price
Bitcoin
Bitcoin (BTC)
$63,833.00 -0.74464
Bitcoin price
Ethereum
Ethereum (ETH)
$3,421.62 0.34279
Ethereum price
BNB
BNB (BNB)
$570.17 0.04136
BNB price
Solana
Solana (SOL)
$158.26 1.06564
Solana price
XRP
XRP (XRP)
$0.5689840 -9.60188
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000172 -8.00715
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000116 -2.28337
Pepe price
Bonk
Bonk (BONK)
$0.0000266 -1.21589
Bonk price

Toncoin flips Cardano by market capitalization, reaches new all-time high

toncoin-price-cardano-market-cap
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Markets
Toncoin flips Cardano by market capitalization, reaches new all-time high

Toncoin displaced Cardano from ninth place in ranking the largest cryptocurrencies by market capitalization.

According to data from CoinMarketCap, Toncoin (TON) has overtaken Cardano (ADA), reaching a market capitalization of $23.1 billion against ADA’s $21.5 billion at the time of writing.

Toncoin flips Cardano by market capitalization, reaches new all-time high - 1
Source: CoinMarketCap

The change in the ranking of the top 10 largest cryptocurrencies by market capitalization follows along with the subsequent growth of TON, which again updated its all-time high on April 9 for the second time since the beginning of the month.

The cryptocurrency reached a high of $7.08 and is trading at $6.63 at the time of writing, up 8.6% over the past 24 hours.

Toncoin flips Cardano by market capitalization, reaches new all-time high - 2
Source: CoinMarketCap

Toncoin makes strides amid upgrades

The price of TON has risen by more than 135% over the past month, while the price of ADA has fallen by 15%. With further decreases, the price of TON is up 183% year-to-date (YTD), while the cost of ADA is down 1.3% YTD.

Toncoin’s update to new highs follows a series of initiatives by the TON team. The TON Society announced a partnership with HumanCode, developers of AI solutions, to introduce biometric identification in the Telegram messenger.

The TON community also announced the launch of a one million Toncoin incentive program to support the implementation of the new digital verification standard.

At the end of March, Telegram announced it would integrate payments into TON positively impacted the Toncoin rate. Users can buy advertising in the messenger for an ecosystem token, and content authors can receive rewards for posting ads.