Cardano (ADA) Nears Bitcoin in Circulating Supply

The cryptocurrency market continues to evolve, and Cardano is proving to be a major player this week. Recent data from TapTools reveals that over 78% of Cardano’s total supply is currently circulating, placing it among the most widely distributed cryptocurrencies today. This milestone puts Cardano on a similar trajectory to Bitcoin in terms of its circulating supply, with only Bitcoin surpassing it for now in the top ten list. This high circulating supply suggests ADA tokens are readily available to the public, promoting transparency and stability across the market.