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The market has been favorable for Cardano (ADA) in the past 24 hours. ADA has experienced over 4% price increase based on 24 hours estimation. This recent price upsurge has aided the digital token to outplace Stellar Lumens (XLM) and heading towards unseating Binance Coin (BNB) as the market supremacy race continues.

Presently, ADA now occupies the 10th position in the market. There is a possibility for further outstanding performances considering the number of developmental projects ready to be launched in 2020 by Cardano, which could have been the factor behind this recent price uptrend.

At the time of writing, ADA is trading at $0.044066, with a 4.18% price upsurge in the last 24 hours. If the digital currency could keep up this price growth trend, it could cement its place permanently among the top 10 digital currencies in the market.

This new development was first hinted by a Cardano fan on Twitter a few minutes ago. The responses that greeted the tweet indicate the wishes of the Cardano enthusiasts to see the cryptocurrency outshine Binance Coin (BNB) for an avenue to target EOS as the race for the top spot in the crypto market advances.

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He said, “Cardano ADA flipped Stellar XLM today. Binance BNB is next. Working our way up to the top! When we get there, Cardano will be a household name, having transformed global finance, with hundreds of real-world use cases.”

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Solomon Odunayo

By Solomon Odunayo

Solomon Odunayo is an accomplished blockchain and cryptocurrency expert at Herald Sheets, known for his in-depth analysis and engaging articles that cater to both beginners and experienced readers. With a degree in Computer Science from the University of Lagos, Solomon leverages his technical background and keen understanding of the crypto space to provide readers with valuable insights and up-to-date news. His passion for innovation and commitment to staying current with industry developments make him a trusted voice in the digital currency community.