Hi readers off my previous podcast about Cardano and utility tokens let’s take a deep look on how Cardano Nears Bitcoin in Circulating Supply, Boosting Market Interest
Cardano (ADA) is making headlines this week as it closes in on Bitcoin’s scarcity model, with recent figures showing that more than 78% of its total token supply is now in circulation.
According to data from analytics platform TapTools, Cardano has become one of the most widely distributed cryptocurrencies in the market, a development that analysts say could play a crucial role in its future price stability and long-term value.
Following Bitcoin’s Scarcity Playbook
Like Bitcoin, Cardano has a fixed maximum supply a rarity in a market where many digital assets either lack caps or have flexible supply models.
Bitcoin’s supply is famously capped at 21 million coins, while Cardano has a ceiling of 45 billion tokens, according to CoinMarketCap.
This fixed supply model is increasingly seen as a desirable feature among long-term investors, aiming to replicate the scarcity and store-of-value characteristics traditionally associated with assets like gold.
“The more of a cryptocurrency’s supply in circulation, the clearer the picture of its real market demand,” one analyst noted. “It means future price movements rely less on token releases and more on genuine demand from buyers.”
Market Demand to Drive Cardano ADA’s Price
With 78% of its supply already distributed, Cardano is approaching what some call market saturation. This makes market demand a key driver of ADA’s future price movements, much like how Bitcoin’s value is influenced primarily by its scarcity and investor appetite.
For context, Bitcoin currently has over 90% of its total supply in circulation, contributing to its reputation as “digital gold”.
The latest figures from CoinMarketCap show that ADA is trading at around $0.73, after a 10.97% rise in the past 24 hours. Its trading volume surged to \$1.1 billion, a 70.7% increase over the same period, reflecting strong investor interest.
Cardano is now ranked the ninth-largest cryptocurrency by market capitalisation.
Moreover, its volume-to-market cap ratio stands at 4.27%, indicating healthy trading activity relative to its overall market size.
A Sign of Maturing Markets when Cardano Nears Bitcoin in Circulating Supply?
The move towards higher circulating supplies among leading cryptocurrencies like Cardano signals a maturing market, where long-term value and practical adoption begin to take precedence over speculative hype.
As digital assets with fixed supplies become more widely held, analysts suggest the focus will increasingly shift to real-world demand and network utility as the primary factors influencing price.
Cardano’s ongoing development upgrades and its position within the rapidly growing decentralised finance (DeFi) space may further bolster its standing in the months ahead.
