🚀Toncoin (TON) surpasses Cardano (ADA) to become the ninth largest cryptocurrency by market capitalization, reaching $23 billion. This comes after a 13% daily increase in its price, which reached $6.65.

Can TON maintain its parabolic rise? 📈

TON's push is due in part to TON Society developers, who set aside $5 million in Toncoin to incentivize users to verify their identity with palm scanning technology.

Comparatively, TON has outperformed ADA with an increase of 135% in the last month, while ADA fell 15%. Even more impressive, TON is up 183% year-to-date, while ADA is down 1.30%.

What do you think of this rise of TON? Do you think he can maintain his momentum? Leave us your comments! 👇