Cardano (ADA) Flips Binance Coin As the Third-Largest Crypto With All-Time High of $1.41

Cardano’s ADA cryptocurrency has made a solid move flipping Binance Coin (BNB) as the world’s third-largest cryptocurrency by market cap. At press time, Cardano’s ADA is 15% up trading at its new all-time high of $1.41 with a market cap of $45,2 billion, as per data on CoinMarketCap.
Just over the last two day, the ADA price has surged more than 40% to hit the new highs. The recent price rally in ADA comes as crypto exchange Coinbase announced that it will be adding support for Cardano on its Coinbase Pro platform. The announcement made on Tuesday, March 16, states:
“Starting Today Tuesday March 16, transfer ADA into your Coinbase Pro account ahead of trading. Support* for ADA will be available in all Coinbase’s supported jurisdictions. Trading will begin on or after 9AM Pacific Time (PT) Thursday March 18, if liquidity conditions are met”.
The Ethereum-killer and competitor – ADA – has registered consecutive rallies of over 15% in the last two days. As per the CoinGape report, Cardano’s recent breakout eyes a new all-time high of $1.6. Thus, there’s still some steam left in the rally.
Cardano’s Meteoric surge to Top Three
Cardano has climbed up the ranks pretty fast to enter the top-three crypto list. Just three months back in December 2020, Cardano’s ADA was trading at just $0.14. Thus, the price has surged a whopping 10x or 900% in less than 100 days.
Cardano’s founder Charles Hoskinson recently appeared in an interview with Bloomberg, wherein he talked about the ADA price surge and the growing popularity of Cardano. In the interview, Hoskinson made bold claims that Cardano’s security and governance are superior to Ethereum’s. Besides, he also added that Cardano is suitable for real-world applications like supply-chain tracking and voting. Hosking added:
He was “less interested in decentralized exchanges such as Uniswap and collectible art like digital cats. My goal is to run countries on this blockchain. I don’t care about Uniswap and CryptoKitties and other things. It’s a bubble, and it comes and it goes, like Pet Rocks and Beanie Babies”.
In another explosive revelation, Hosking added that more than 100 companies are “looking to shift from Ethereum to Cardano when its functionality matures”.
- Cardano Gets 100 Million User Exposure With Brave Integration, Whales Scoop 70M ADA
- Japanese Gaming Firm Gumi to Boost Treasury With BTC, XRP After $38M Raise
- BNB Leads Crypto Market Rally With Fresh All-Time High, Expert Sees $5000 Upside
- Billionaire Ray Dalio Calls Bitcoin “Alternative Money” as BTC Profit-Taking Tops $3.7B Amid $120K Rally
- Canary Litecoin ETF Delayed Due to Government Shutdown, What’s Next?
- Pi Network Price at Risk of Another Crash as Mysterious Whale Stops Buying
- Solana Price Eyes $360 After Bullish Retest As VisionSys AI Deploys $2B Treasury Strategy
- Cardano Price Forecast As Hashdex Listing Fuels Optimism For $1.27 Breakout
- BONK Price Rally Ahead? Open Interest Jumps as TD Buy Signal Flashes
- Shiba Inu Price to Surge as Whales Buy and Team Commits to Shibarium Growth
- XRP Price Prediction After Ripple CTO David Schwartz Resigns