TRON (TRX) and Cardano (ADA) Are Battling It Out for the 9th Spot on CoinMarketCap's Top 10

A tight race is ongoing between TRON (TRX) and Cardano (ADA) as both cryptocurrencies compete for the 9th spot on CoinMarketCap's top 10.

TRON (TRX) and Cardano (ADA) are engaged in a close contest for the 9th position on CoinMarketCap's top 10, while Chainlink (LINK) is aiming for the 8th spot.

Over the past week, Cardano has experienced a significant price hike, increasing by more than 5% to reach $0.6553, while its market capitalization stands at $23.12 billion. Meanwhile, TRON is closely trailing at approximately $0.2467, with a market cap of roughly $23.43 billion.

A few hours ago, Cardano briefly surpassed TRON to claim the 9th position. However, at the time of writing, TRON has flipped back and regained its position.

The two projects are racing neck and neck, exchanging positions based on market conditions.

One of the key factors contributing to Cardano's rise is the increased trading activity and growing investor interest. In the past 24 hours, ADA's trading volume exceeded $724 million, compared to TRON's volume of about $643 million.

Furthermore, both Cardano (ADA) and TRON (TRX) are showing significant gains. ADA has been a hot topic with aggressive price predictions potentially taking the token to $7.

On the other hand, TRON has also seen a gain of $0.2559 in the last week and reached a new yearly high.

The competition between the two crypto projects demonstrates just how quickly things can change in the world of cryptocurrency, where even small price shifts can alter rankings.

As both TRON and Cardano continue to rise and attract attention, the battle for the 9th place is still active and could continue to shift in the coming days.