Cardano (ADA) may soon overtake Bitcoin Cash (BCH) as the 10th-largest cryptocurrency by market capitalization. On the daily chart, BCH has experienced an uptrend as the ADA price stalls amid mixed sentiment on the broader crypto market. ADA is currently trading for $0.35, down 3.4% over the past 24 hours. Despite the daily price decline, ADA remains the 10th-biggest cryptocurrency, with a market capitalization of $12.66 billion.
Meanwhile, within the past 24 hours, the BCH price increased by 0.6%, setting the coin at $601.6. This daily spike pushed BCH higher by 4% on the weekly time frame. In late November, BCH outperformed Bitcoin (BTC) in a day by jumping 8%.
The positive outlook for BCH was a response to anticipations of a broader market reversal. With the BCH momentum rising, it could easily displace ADA, unless the latter sees a strong catalyst. ADA recently outperformed the rest of the major cryptocurrencies after its price surged by 7%.
Therefore, thin liquidity and position resetting into the Cardano have amplified moves around obvious technical levels. ADA investors now anticipate an end-of-year breakout. Furthermore, Cardano’s research-driven upgrades could regain traction in 2026, positioning ADA for higher prices.
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