Toncoin (CRYPTO:TON) has overtaken Cardano (CRYPTO:ADA) as the ninth-largest cryptocurrency by market capitalisation, reaching a value of $6.65 and a market cap of $23 billion after a 13% surge on April 9.

This shift has sparked discussions among investors about TON's potential to outperform Dogecoin in the near future.

The price surge followed an announcement by the TON Society, pledging $5 million in TON to promote user engagement through a digital ID verification initiative using palm scanning technology.

This strategic move not only enhances user security but also highlights TON's growth potential and commitment to innovation.

As TON continues to implement such initiatives, the crypto community awaits to see if it can climb higher in the rankings of top cryptocurrencies.