Dogecoin News Today: Cardano Surpasses Dogecoin and TRON in Market Cap Growth

Cardano (ADA) has climbed to the eighth-largest cryptocurrency by market capitalization, surpassing Dogecoin and TRON in recent weeks. The shift reflects renewed investor interest in projects with strong technical foundations and clear development roadmaps, as ADA’s market cap rose to $33 billion—overtaking Dogecoin’s $32 billion and TRON’s nearly $33 billion. At the time of reporting, ADA was trading at $0.9225, with a 0.35% increase on the day and a 16% rise over the previous week [1].

The movement came amid broader market volatility, with the global crypto market briefly peaking at $4.17 trillion on August 14, 2025, when Bitcoin hit an intraday high of $124,388. However, the market soon corrected, and total capitalization fell to $3.88 trillion by press time, with Bitcoin trading near $115,259—a 5.5% drop from its peak. These swings contributed to the reordering of the top 10 cryptocurrencies, with investors shifting capital toward assets showing short-term strength and long-term potential [1].

Cardano’s ascent was further highlighted on August 14 when ADA briefly touched $1, sparking significant engagement on social media platforms. Project founder Charles Hoskinson shared a lighthearted GIF to commemorate the milestone, while traders viewed the move as a sign of renewed buyer interest after a period where development progress did not consistently translate into price gains [1].

Analysts have expressed optimism about ADA’s future, with Javon Marks forecasting a near-term target of $1.20 and a longer-term goal of $2.91—a potential 210% increase from the reported price. Technical indicators also appear supportive, with a golden cross on ADA’s daily chart suggesting further upside. Some analysts even speculate that ADA could approach $3 if momentum remains favorable [1].

Short-term price forecasts suggest ADA could rise by 27% to $1.195464 by September 18, 2025. Market sentiment is currently described as bullish, with the Fear & Greed Index reading 56 (Greed). Over the past 30 days, ADA recorded 17 green days out of 30, reflecting a positive trend despite 8.57% volatility, which could benefit active traders but also pose risks for less experienced investors [1].

ADA’s recent rise underscores a broader shift in the crypto market toward projects with well-defined technological goals and community-driven development. While Dogecoin and TRON both saw their rankings fall, the market remains highly fluid, with rankings subject to rapid change based on investor behavior, macroeconomic factors, and broader developments in the digital asset space [1].

Source:

[1] Cardano Feed - https://cardanofeed.com/cardano-climbs-to-8th-pushing-dogecoin-and-tron-down-the-ranks-989