Tether has been surpassed by ADA in terms of market capitalization. The smart contract network has re-entered elite territories in terms of market capitalization. ADA rose 14% on the day, after gaining 31% in the previous week and over 47% in the previous month. Cardano currently has a market capitalization of $57.8 billion, overtaking Tether (USDT) for sixth place on the market leaderboard. On CoinMarketCap, Cardano's market ranking may be as high as sixth.