Shiba Inu Tops Tron in Crypto Rankings – Cardano Up Next?

Recently, Shiba Inu surprisingly flipped Tron to claim the #10 spot in global crypto rankings. With recent gains, Shiba holders are thrilled—and rightfully so. Daily Spot trading volume for Shiba reached an astounding $7.2 billion, nearly nine times higher than Tron’s. 

Shiba Surpasses Tron: Record Gains and Trading Volumes

Shiba’s price hit $0.000028 this week, marking a fresh three-month high and an 8% gain in just 24 hours. Over the past seven days, Shiba achieved 64.8% gains, bringing this year’s total rise to a stunning 200%. 

Shiba’s market cap now stands at $16.55 billion—an impressive $2 billion above Tron’s—narrowing the gap with Cardano to less than $5 billion. Over 72% of Shiba holders are currently in profit, while only 25% remain at a loss. 

Could Shiba Flip Cardano?

With Bitcoin’s recent all-time high, Shiba’s correlation with major digital assets has supercharged its momentum. Whales have returned, driving larger transactions up by 5% this week, which adds to Shiba’s buying strength. 

Meanwhile, Shibarium, Shiba’s Layer-2 chain, recently reached a new record of $4.47 million in total value locked (TVL), according to DefiLlama. Shiba’s climb hints at a potential move beyond Tron and, possibly, Cardano. Yet retail traders remain slightly hesitant, shown by a dip in network growth. 

Shiba’s rally is rewriting the meme coin story, challenging the status quo of established altcoins. Each new milestone brings Shiba closer to the ranks of top-tier cryptos, proving that meme coins can hold power in the crypto world.