What happened to Dogecoin and Cardano today?

After the recent collapse of the crypto market, instability envelops the top 10 cryptocurrencies. With Dogecoin (DOGE) and Cardano (ADA) having reversed rankings, is Solana (SOL) next? What happened to Dogecoin and Cardano? Dogecoin (DOGE) may still be a popular meme, but it is facing utility pressure. As of this week, DOGE has seen a short-term price increase to $0.15 but is being outperformed by tokens like TRX in terms of fundamentals. Investors are increasingly looking for real-world use cases—and TRON has that advantage.

Cardano (ADA), once a favorite of the smart contract world, is currently under pressure. Although its technology remains solid, Cardano has not experienced the same DeFi pull or user growth in the 2024–2025 period. It has fallen out of the top 10 in a short time, making way for TRON and sparking debates about its long-term relevance.

TRON topples DOGE: A surprising change in the Top 10 crypto market In a market full of surprises, TRON (TRX) has just made a bold move—overturning Dogecoin (DOGE) in market capitalization. For many years, DOGE has maintained a strong position thanks to the appeal of the meme coin and its loyal community, but that position seems to be slipping as many blockchains focused on utility like TRON rise in ranking. According to recent data, TRX currently has a market capitalization of over $22.3 billion, approaching ADA's position in the top 10. This increase is not coincidental—TRON has been steadily growing, driven by the expanding DeFi ecosystem, strong USDT volume, and strategic vision.

Why is TRON (TRX) rising: Recent news and key drivers The dominance of Tether: Over 50% of the total USDT supply is currently on the TRON network, making it the leading stablecoin infrastructure chain. Appearing at the Blockchain DC Summit: The gold sponsorship of TRON DAO and Justin Sun's presence in the opening discussion alongside Tether and TRM Labs reinforced the organization's vision for TRON. Speculation about ETFs: Some analysts are currently speculating that TRON could be considered for a spot ETF in the future, thereby enhancing the credibility and confidence of investors. On-chain activity: The staking volume for TRON-based assets like USDD is increasing, indicating a rise in user adoption. Memecoin support: Justin Sun's recent efforts to support the meme coin on TRON's PoS chain are attracting new interest from retailers. TRON price prediction (TRX): Can it reach 1 dollar? With the current price of TRX at around 0.12–0.13 dollars, analysts have not yet reached a consensus on its long-term potential: Modest outlook: Some predict a gradual rise to $0.29 by 2030, citing stable utility and a slow adoption curve. Bullish case: Others predict a strong breakout, estimating that TRX could reach $1.75 in the coming years if ETF approval and DeFi growth occur simultaneously. Despite this, the sentiment around TRON has clearly changed, especially as it begins to solidify its position in the elite crypto market.

What does this mean for the crypto market? The battle between TRX compared to DOGE and ADA is not just a change in rankings but also a sign that utility is beginning to overshadow hype. The strength of memes can drive momentum, but TRON's infrastructure-focused approach may prove to be more sustainable in a maturing market. ⚠️IMPORTANT! If you like this topic, don't forget: • Follow me @blogtienso for more interesting content! • Like, share and leave a comment 💖 and don't forget to DYOR! #Write2Earn #Write&Earn $BTC {spot}(BTCUSDT)