- Binance Coin (BNB) have been climbing upward in recent months.
- Its Bullish trend has overtaken Cardano (ADA) in the market.
- BNB coin ranks third with a market cap of $102 billion.
Binance Coin (BNB) is the native cryptocurrency of Binance, world’s largest crypto exchange for its high trading volume. BNB coin achieved a significant success ranking third overtaking the popular cryptocurrency Cardano (ADA). Also, Binance Coin beats Cardano with a difference of $36 billion in terms of market capitalization.
However, the crypto market always fluctuates changing its trends either to bull or bear depending on the cryptocurrencies. With such ups and downs both BNB and ADA are competing with one another. As per today’s market status, Binancians are excited as BNB coin climbed to third position in the ranking score.
Binance Coin (BNB)
Binance Coin (BNB) is already popular with a high rate of investors who are part of Binance exchange community. BNB coin holds an important integral part supporting many of the Binance sub-projects. Also being a local currency of Binance, BNB successfully functions to project its name in global finance.
In addition, the current market status of Binance Coin is $615.42 with a high trading volume of more than $2 billion in the last 24 hours. Moreover, surpassing the other altcoins, BNB is ranking third with an overall market cap of $102 billion. Thus, BNB holds a pride for listing one line below the top digital currencies like Bitcoin and Ethereum.
Cardano (ADA)
It might be a hard time for ADA, but it was rocking the entire crypto market in recent times with its massive rise. Notably, Cardano (ADA) is expected to hit the moon with its new hydra update and developments. Moreover, Cardano empowers its network with innovative updates remaining competitive for the entire blockchain platform.
In mid of October, crypto analysts predicted Cardano (ADA) to reach $15 recording a primary bullish signal in its price. Thus, Cardano was performing a bullish trend surprising it’s investors and remaining competitive for other altcoins.
More so, the live market status of Cardano (ADA) is $2.03 with a notable trading volume over $3 billion in the last 24 hours. Also the market trend is down 3.62% in one day. However, it might be a pullback time for ADA capturing a downside momentum.
Thus, both BNB and ADA are good competitors with strong potential to survive in the challenging crypto market. And the life of cryptocurrencies are always curious and unpredictable. So it will be interesting to watch the market performances of these digital currencies in the near future.
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