Cardano has just returned to the top 10 of the largest cryptocurrencies, surpassing Bitcoin Cash after a 19% increase. After weeks outside the main ranking, ADA managed to regain its spot on the podium during this overall market rebound.

It all started on February 25, when the US announced they would not impose additional tariffs on China. This statement greatly eased tensions in global markets, and cryptocurrencies surged. The Cardano coin rose from about $0.26 to $0.31 in a short period, a significant gain. Bitcoin Cash also increased, but much more modestly, only 6.36%.

Now, according to the latest data, ADA is around $0.25 with a market capitalization of approximately $9.13 billion. BCH is at $446.34 with a market cap of $8.94 billion. The Cardano coin maintained much of its gains while Bitcoin Cash retreated further to its previous levels.

Founder Charles Hoskinson recently reaffirmed that Cardano remains competitive in the market, contesting criticisms that the project is behind compared to Solana and Ethereum. He highlighted the launch of Midnight as proof of the network’s innovation capacity, in addition to pointing out that updates like Ouroboros Leios are strengthening scalability and decentralization. According to Hoskinson, Cardano continues to be the most decentralized cryptocurrency network globally, with a robust on-chain governance model.