Cardano Surpasses Stellar in Market Cap as ADA Gains Momentum
Cardano has made a significant move in the crypto rankings, surpassing Stellar (XLM) in total market cap. As of September 14, Cardano's market cap climbed to $7.772 billion, according to CoinGecko data, while Stellar's market cap sat at $6.361 billion. This gap of about $1.41 billion means ADA now runs roughly 22% ahead of XLM.
The price of ADA today sits at $0.2086, gaining over 0.2% on the day, with $275.036M changing hands in the past 24 hours. Stellar's price is $0.1828, up 1.13% intraday but pulling in far less volume at $96.94M.
The catalysts behind this move include two recent developments: stock tokenization access through the L4VA Protocol, and the upcoming launch of SundaeSwap V4 on October 1. However, the community-driven story surrounding Robinhood-tokenized stocks remains unconfirmed by either party.
Market watchers point out that a market cap flip alone does not guarantee a lasting price shift. The bigger signal is volume and follow-through after events like the SundaeSwap V4 launch and any confirmation on stock tokenization access.