{"id":37127,"date":"2021-02-27T12:46:43","date_gmt":"2021-02-27T10:46:43","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=37127"},"modified":"2025-08-29T09:55:43","modified_gmt":"2025-08-29T06:55:43","slug":"cardano-becomes-the-third-largest-cryptocurrency-by-market-capitalization","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cardano-becomes-the-third-largest-cryptocurrency-by-market-capitalization\/","title":{"rendered":"Cardano becomes the third-largest cryptocurrency by market capitalization"},"content":{"rendered":"<p>The price of Cardano (ADA) rose to a new all-time high above $1.45. The asset ranked third by market capitalization in CoinGecko&#8217;s ranking.<!--more--><\/p>\n<p>ADA has risen 27.2% in the last 24 hours, 46.6% in the past 7 days, and 337.9% in the past 30 days.<\/p>\n<div id=\"attachment_126202\" style=\"width: 1292px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-126202\" class=\"size-full wp-image-126202\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/111-7.png\" alt=\"Cardano becomes the third-largest cryptocurrency by market capitalization\" width=\"1282\" height=\"344\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/111-7.png 1282w, https:\/\/u1f987.com\/wp-content\/uploads\/111-7-300x80.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/111-7-1024x275.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/111-7-768x206.png 768w\" sizes=\"auto, (max-width: 1282px) 100vw, 1282px\" \/><\/p>\n<p id=\"caption-attachment-126202\" class=\"wp-caption-text\">Top-10 crypto assets by market capitalization. Data: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/all\" target=\"_blank\" rel=\"noopener\">CoinGecko<\/a>.<\/p>\n<\/div>\n<p>As of writing, Cardano&#8217;s market capitalization stands at $43.6 billion. In fourth and fifth places are Binance Coin ($35.1 billion) and Tether ($34.8 billion). Ethereum sits in second place, with a total market value of $168.7 billion.<\/p>\n<p>On February 26, the Cardano development company IOHK unveiled the Glow programming language, designed to simplify writing and deploying smart contracts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">NEW BLOG: Announcing our very latest DevNet program, bringing further developer options on <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&#038;ref_src=twsrc%5Etfw\">#Cardano<\/a>. Glow is a new multi-platform domain-specific language (DSL) that will allow <a href=\"https:\/\/twitter.com\/hashtag\/smartcontracts?src=hash&#038;ref_src=twsrc%5Etfw\">#smartcontracts<\/a> developers to write once \u2013 and deploy to many <a href=\"https:\/\/t.co\/MCIkzdI0uw\">https:\/\/t.co\/MCIkzdI0uw<\/a><\/p>\n<p>\u2014 Input Output (@InputOutputHK) <a href=\"https:\/\/twitter.com\/InputOutputHK\/status\/1365285118156435459?ref_src=twsrc%5Etfw\">February 26, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As reported, the cryptocurrency-focused investment fund FD7 Ventures <a href=\"https:\/\/u1f987.com\/en\/news\/dubai-based-investment-fund-to-divest-750m-in-bitcoin-to-boost-cardano-and-polkadot-holdings\">plans to divest from bitcoins<\/a> for $750 million in favor of Cardano and Polkadot.<\/p>\n<p>Earlier ForkLog <a href=\"https:\/\/u1f987.com\/en\/news\/kiss-bassist-gene-simmons-buys-cardano-for-300000\">reported<\/a> on how Kiss band guitarist Gene Simmons bought ADA for $300,000.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The price of Cardano (ADA) rose to a new all-time high above $1.45. The asset ranked third by market capitalization in CoinGecko&#8217;s ranking.<\/p>\n","protected":false},"author":1,"featured_media":37128,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1401,1145],"class_list":["post-37127","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cardano-ada","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37127","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=37127"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37127\/revisions"}],"predecessor-version":[{"id":37129,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37127\/revisions\/37129"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/37128"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=37127"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=37127"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=37127"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}