CARDANO SURPASSES COINBASE, ROBLOX IN MARKET CAP, TRAILS VODAFONE BY $0.9 B.

[Mahindra]

The impact of Cardano’s growth is now reflecting on the platform’s market capitalization that holds the potential for further growth. The market cap has now either surpassed or matched up to some notable traditional publicly traded companies.

Data acquired by Finbold indicates that ADA’s market capitalization of $50.42 billion as of June 15th, 2021, is higher than Coinbase’s $49.43 billion. Elsewhere, the online gaming platform Roblox also has a lesser market cap of $49.05 billion. The ADA market cap slightly trails telecommunications giant Vodafone by $0.94 billion among the 11 publicly traded assets.

Veterinary services company IDEXX Laboratories also trails ADA recording a market cap of $50.18 billion, followed by Dutch-based Koninklijke Philips with a market cap of $50.02 billion, while Dow Inc has a market cap of $50.01 billion.

Other assets trailing ADA in market cap include EOG Resources ($49.95 billion), KLA Corporation ($49.43 billion), Monster Beverage Corporation ($49.05 billion), and Keurig Dr Pepper ($48.99 billion).
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