Cardano (ADA) Overtakes Tether (USDT) and Stellar Lumens (XLM) to Become Eighth Largest Crypto

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Cardano (ADA) is continuing its strong bullish momentum, surging over 20% and overtaking Tether (USDT) and Stellar Lumens (XLM) in the global cryptocurrency market. As of 19:50 UTC on Wednesday, ADA was trading 21.16% higher at $0.098. The rally helped the asset climb to the number eight spot on the CoinMarketCap cryptocurrency chart, with a market capitalization of $2.55 billion. The boost for ADA came amid generally positve crypto market trend, with the price of Bitcoin (BTC) gaining more than 8% and jumping above the $5,000 level in Wednesday’s trading session. And although Tether and Stellar lost positions in the ranking, the two altcoins are also enjoying a substantial gains in the new wave of green. After surpassing Stellar and Tether, Cardano is heading toward the seventh spot in the crypto chart, currently held by Binance Coin (BNB). Despite BNB’s strong performance in recent months and the cap difference of…

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