Toncoin ($TON), the digital asset linked to the Telegram Open Network (TON), has recently outperformed Cardano ($ADA) in the cryptocurrency market, securing its position as the ninth largest cryptocurrency by market cap. This shift marks a significant milestone for Toncoin, as it not only surpasses Cardano but also enters the top 10 cryptocurrencies, according to multiple sources including CoinGecko and CoinMarketCap. The rise of Toncoin has been attributed to its impressive performance in the market, with a notable increase of 35% in the past week. Additionally, the network's Total Value Locked (TVL) has tripled following the initiation of an incentives program last month. This development has sparked discussions about Toncoin potentially overtaking other major cryptocurrencies, with Dogecoin mentioned as a possible next target.