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Cardano (ADA), the native token behind the eponymous proof-of-stake blockchain network, has become the fourth-largest cryptocurrency, reaching its highest peak on cryptocurrency ranking website CoinMarketCap.
It has now surpassed Ripple-affiliated XRP cryptocurrency for the first time. The token’s market cap has swelled to $21.7 billion.
On Feb. 3, the team behind one of the fastest-growing cryptocurrency projects successfully rolled out the “Mary” hard fork that has transformed it into a multi-asset network and brought the network one step closer to transitioning to the Goguen era.
Cardano is still 40 percent below its current all-time high of $1.18 that was reached on Jan. 4, 2018. Back that, the cryptocurrency peaked at fifth place with a market cap of $32.4 billion. Bitcoin Cash (BCH) was in fourth place with a market cap of $43.2 billion.
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