According to Dave (@ItsDave_ADA), Cardano (ADA) has successfully overtaken TRON (TRX) to secure the 9th position in the global cryptocurrency market capitalization rankings. This development is a key indicator for traders, signaling a potential shift in investor sentiment and capital allocation towards the Cardano ecosystem over TRON. This change in ranking could impact the short-term price momentum of both ADA and TRX as market participants react to the news, potentially influencing long and short positions.

According to Santiment, XRP has surpassed Tether to claim the #3 spot by market capitalization among all cryptocurrencies, with its value rising above $2.61 for the first time since March 6th (source: Santiment, May 12, 2025). This notable increase is attributed to a mild decoupling from broader market trends, underscoring renewed trader interest and increased capital inflows. XRP's momentum signals active accumulation and heightened trading volumes, which could influence short-term trading strategies and liquidity pools across major exchanges. Traders should monitor on-chain activity and whale movements for potential price volatility and further market cap shifts (source: Santiment).

According to BitMEX Research, Ripple (XRP) has overtaken Ethereum to become the second largest cryptocurrency by market capitalization, trailing only Bitcoin. This significant shift in market position signals heightened investor confidence and could influence trading strategies focused on market cap rankings and liquidity considerations.