ADA has a big chance to topple Ethereum's market cap. What ADA can implement in their mainnet in September is Smart Contract, defi integration, nft compatibility… Everything looks very promising to make a big change. The nature of the altcoin market is always changing whether it is slow or fast to match. ADA still has the ability to do that although the gap is still huge.
Do you see both marketcap and volume at this point? because what I see between the marketcap and volume of Cardano with Ethereum is still very far even almost half of Ethereum, so to overturn Ethereum's market cap, it still takes a long time for Cardano to do so.
If we look at the current data it shows Ethereum is still far above Cardano, It's too early to think Cardano will overthrow Ethereum. From any
point of view Ethereum is indeed better than Cardano, it will still take some time for Cardano to overthrow Ethereum. It must be admitted that
the demand for Ethereum is still higher than Cardano, I'm not saying there's no chance for Cardano to beat Ethereum. But Cardano has to show
some progress first, it's been amazing Cardano's performance this year, but that's not enough to overthrow Ethereum.