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Crytocurrency

Can Polygon’s (MATIC) market cap pass that of Cardano’s (ADA)?

CoinMarketCap says that the value of the crypto market has gone down by 0.28% in the last 24 hours. At press time, this made the total market cap go down to $793.98 billion.

Every project on the cryptocurrency market has lost a lot of value since its all-time high (ATH). Still, some projects have seen this bear market as a chance to become even more popular in the cryptocurrency market.

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One of these projects is Polygon (MATIC), which is part of the Layer-2 project and recently announced a number of large partnerships. At press time, the price of MATIC, which is $0.7623, has not changed because of these partnerships. The price of the altcoin has dropped by 2.22% in the last 24 hours and by 4.64% in the last 7 days.

Related: In a transaction, Cardano’s eUTXO sends 16,164 ADA to 217 addresses. 

Even though MATIC’s price has gone down, it still holds the number 10 spot on CoinMarketCap’s list of the top 10 biggest projects by market cap. Cardano (ADA), which is just above MATIC, is a project that would like to move past 2022.

At press time, the price of ADA was $0.2427, down from its all-time high of $3.09 on September 1, 2021. The price of it has risen to

Can Polygon (MATIC) pass Cardano (ADA) in market capitalization? first showed up on Coin Edition.

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