From the point of view of market capitalization, Kardano is satisfied with a good battle to surpass Dogecoin and take the eighth place in the cryptocurrency market. The gap in market capitalization is closed, and the ADA is currently traded at 0.67 US dollars, and DOG – $ 0.17. Recent Acts Cardano can cause this change. The price diagram for Kardano shows a constant tendency to increase, and ADA continues to hold more than 50 days of exponential sliding medium (EMA).
ADA is in a strong position against DOGE, which in recent weeks has acted less consistently due to its technical strength and growing interests of investors. The launch of the confidentiality of Sidechain Midnight has become the main factor in Cardano growth. Using evidence with zero knowledge, Midnight seeks to protect user data, allowing users to create private intellectual contracts and perform private transactions.
The growing need for confidentiality in blockchain applications is decided by this initiative, which can attract more users in the Cardano ecosystem. In addition, the Midnight Project is a night token that performs control functions within the midnight network and dust token, which is designed for private smart -content interactions. These changes can increase the usefulness and attractiveness of Cardano, especially for developers and enterprises looking for solutions oriented to confidentiality.
It is expected that the market capitalization of Cardano will grow, since it will continue innovation and increase its ecosystem. Cardano can overtake Dogecoin in the market rating if the ADA continues its current course, and DOGE will remain largely unchanged. Investors and market observers should closely monitor these events, because the innovations of Cardano can carry out a significant change in the cryptocurrency space.
