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Is ADA making an effort to take over XRP’s position amid rising market cap

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Cardano’s [ADA] move to improve scalability within its network may have been delayed. However, the Proof-of-Stake (PoS)-based cryptocurrency did not seem to be bothered about the development.

As of 29 July, ADA flipped Ripple [XRP] to become the seventh largest cryptocurrency in market value.According to Santiment, the flip happened as ADA’s on-chain, and social metrics skyrocketed.

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