- TON is third in PoS market capitalization, whereas Cardano is fourth.
- Ethereum dominates the area, rating first with a staking market cap of $115 billion.
- The TON token has risen 391% since July 2023, whereas ADA has solely risen 33%.
Open Community (TON) has surpassed Ethereum scaling answer Cardano and is at the moment ranked third on the record of prime blockchain networks by market cap for Proof of Stake (PoS). Notably, TON’s native token, Toncoin (TON), has outperformed ADA over the previous 12 months.
In response to Staking Rewards knowledge, Ethereum ranks first with a staking market cap of $115 billion, a staking ratio of 27.67%, and a reward ratio of three.33%. Following ETH is Solana with a staking market cap of $67.28 billion, a staking ratio of 65.71%, and a reward ratio of 6.97%. TON ranks third with a staking market cap of $4.34 billion, a staking ratio of 24.82%, and a reward ratio of three.03%. Cardano ranks fourth with a staking market cap of $9.63 billion, a staking ratio of 65.95%, and a reward ratio of two.8%.
Tron (TRX) and Avalanche (AVAX) rank fifth and sixth on the record with staking market caps of $5.97 billion and $7.64 billion, respectively.
Importantly, each TON and Cardano have witnessed a surge in exercise lately: TON noticed the debut of well-liked Telegram-based video games similar to Hamster Kombat and Notcoin, whereas Cardano shaped its Interim Constitutional Committee (ICC), introduced Node 9.0.0, and is approaching the Chang exhausting fork.
In response to knowledge from CoinMarketCap, ADA is the tenth largest digital asset in the marketplace with a market cap of $15 billion, whereas TON is the ninth largest cryptocurrency with a valuation of $17.5 billion. ADA is buying and selling at $0.418, down 1.7% prior to now 24 hours, whereas TON is buying and selling at $6.97, up about 0.7% in the identical interval.
Since July 2023, TON has offered holders with a acquire of 391.10%, whereas ADA has solely risen 33.24% since then. Whereas the Cardano blockchain's native token has been underperforming, earlier experiences counsel that the community's Complete Worth Locked (TVL) has seen spectacular development, suggesting rising curiosity from the blockchain area.
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