TON Surpasses Cardano in Staking Market Cap, Solidifying Position as Top PoS Network
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TON ranks third in terms of PoS market cap while Cardano ranks fourth.
Ethereum ranks first, dominating the sector, with a $115 billion staking market cap.
TON token is up 391% since July 2023, while ADA is up only 33%.
The Open Network (TON) has outperformed Ethereum scaling solution Cardano and is now ranked third in the list of top blockchain networks by Proof-of-Stake (PoS) market capitalization. Notably, Toncoin (TON), the native token of TON, has outperformed ADA in the past year as well.
As per data from Staking Rewards, Ethereum ranks first with a staking market cap of $115 billion, a staking ratio of 27.67%, and a reward ratio of 3.33%.