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Cardano Out of the Top 10: Can It Regain Its Position in the Blockchain Ecosystem?

Published 03/22/2024, 07:33 PM
Updated 03/23/2024, 01:45 AM
Cardano Out of the Top 10: Can It Regain Its Position in the Blockchain Ecosystem?

  • Cardano is in the 13th position on the list of the top 10 most popular blockchains.
  • Solana, Ethereum, and BNB Smart Chain are the top 3.
  • Charles Hoskinson has been actively working to increase the engagement on Cardano.

Prominent Ethereum competitor, Cardano (ADA), has dropped out of the list of the top 20 most popular blockchain ecosystems presented by CoinGecko.

CoinGecko, a website that shows various data regarding cryptocurrencies and non-fungible tokens (NFTs), published the list on X on March 20.

The list is topped by Solana (SOL), Ethereum (ETH), BNB Smart Chain (BSC), Cosmos (ATOM), and Avalanche (AVAX). Notably, Cardano is ranked 13th on the list despite the various efforts of the community to boost the activity on the blockchain.

Others in the list outperforming Cardano in terms of popularity include Arbitrum, Base, Sei, Sui, Polygon, TON, and zkSync. Polkadot, Metis, Fantom, Injective, PulseChain, Aptos, and Hedera come below Cardano in the list.

Cardano creator Charles Hoskinson has been actively engaging with the digital asset community and addressing FUDs surrounding the blockchain. He said that through the roadmap, Cardano seeks to …

The post Cardano Out of the Top 10: Can It Regain Its Position in the Blockchain Ecosystem? appeared first on Coin Edition.

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