{"id":47689,"date":"2021-08-13T20:48:12","date_gmt":"2021-08-13T17:48:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47689"},"modified":"2025-09-01T22:34:53","modified_gmt":"2025-09-01T19:34:53","slug":"cardano-becomes-the-third-largest-cryptocurrency-by-market-capitalization-2","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cardano-becomes-the-third-largest-cryptocurrency-by-market-capitalization-2\/","title":{"rendered":"Cardano becomes the third-largest cryptocurrency by market capitalization"},"content":{"rendered":"<p>Cardano (ADA) surged 15.7% over the past 24 hours, lifting its market capitalization above $64 billion.<\/p>\n<p><!--more--><\/p>\n<p>ADA has overtaken Tether\u2019s stablecoin USDT and Binance Coin (BNB) in the rankings of crypto-asset market capitalizations.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"154\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Cardano-1-1024x154.png\" alt=\"Cardano became the third-largest cryptocurrency by market capitalization\" class=\"wp-image-145781\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Cardano-1-1024x154.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Cardano-1-300x45.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Cardano-1-768x115.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Cardano-1.png 1284w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/all\">CoinGecko<\/a>.<\/figcaption><\/figure>\n<p>The rapid ascent followed the announcement of the date for deploying smart contracts on the mainnet as part of the Alonzo upgrade, scheduled for September 12.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">It\u2019s happening. <\/p>\n<p>We\u2019re targeting 12 September 2021 for the \u2018Alonzo\u2019 upgrade, bringing smart contracts to Cardano via a hard fork combinator (HFC) event.<\/p>\n<p>Find out more about the journey to a new era of smart contracts, DeFi and more for <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&#038;ref_src=twsrc%5Etfw\">#Cardano<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ADA&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ADA<\/a><a href=\"https:\/\/t.co\/59czSxrxFO\">https:\/\/t.co\/59czSxrxFO<\/a><\/p>\n<p>\u2014 Input Output (@InputOutputHK) <a href=\"https:\/\/twitter.com\/InputOutputHK\/status\/1426182060683796483?ref_src=twsrc%5Etfw\">August 13, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The upgrade will enable the deployment of decentralized finance (DeFi) applications.<\/p>\n<p>In July, Cardano Foundation <a href=\"https:\/\/forklog.com\/en\/news\/cardano-foundation-unveils-five-year-development-plan\">presented<\/a> a five-year development plan. By 2026, the organisation aims to grow the platform&#8217;s ecosystem user base to 1 billion.<\/p>\n<p>Subscribe to ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano rose 15.7% in the last 24 hours, lifting its market capitalization above $64 billion.<\/p>\n","protected":false},"author":1,"featured_media":47690,"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":[1401,1145,54],"class_list":["post-47689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cardano-ada","tag-market-analysis","tag-smart-contracts"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=47689"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47689\/revisions"}],"predecessor-version":[{"id":47691,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47689\/revisions\/47691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/47690"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=47689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=47689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=47689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}