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NewsBTC 2021-11-10 17:00:53

Cardano Flips Solana, Tether To Reclaim Spot At 4th Place

Cardano has resumed on an upward movement again. The crypto which had staggered continuously for the better part of a week has finally begun to pick up steam, pushing it back up again. Solana, one of the rivals of Cardano, had successfully flipped the latter last week after SOL had hit new all-time highs continuously. At a point, Cardano had been pushed out of the top 5, courtesy of Tether and Solana. For a while, it looked as if ADA would never be able to pick itself back up from this fall. However, this would prove to not be the case. The smart contracts platform had begun posting a small upward rally that saw the asset begin trading in the green again. This has enabled the digital asset to reclaim its spot on the top 10 cryptocurrencies by market cap. Related Reading | Shiba Inu Beats Out Cardano, Dogecoin On Top 10 Watch-Listed Tokens Cardano Flips Solana In what looks to be a flipping the flipper situation, Cardano has reclaimed its spot from rival Solana. ADA now sits at 4th place on the top 10 crypto list on CoinMarketCap, putting it back in the top 5 most valuable cryptocurrencies. The price of ADA had stagnated after the bull run that saw it break $3 for the first time. Its reign above this price point would later prove to be short-lived as ADA took a beating down that, at some point, the digital asset fell below $2. This gave rival asset Solana the perfect opportunity to pursue a flippening event and it did not ...

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