Cardano (ADA) leap-frogs XRP to become seventh largest crypto by market cap

On Sep. 2, Cardano founder Charles Hoskinson announced that the Vasil hard fork would take place on Sep. 22, 2022. ADA token reacted positively to the news, gaining 14.97% after just 1 week.

The market cap had also increased to $16,818,245,850, surpassing Ripple Lab’s XRP, which had a market cap of $16,420,157,371.