Cardano’s silent rivalry with Ethereum seems to be gaining traction as the on-chain transaction volume seen on its blockchain almost doubles that of the network of the second largest crypto asset by market cap.
Cardano’s on-chain transaction volume behind only that of BTC
According to data from Messari, a leading crypto forensic platform, Cardano’s on-chain transaction volume is only below that of Bitcoin that has a volume of $21.6 billion, while that of the altcoin stands at around $18.24 billion. Ethereum, on the other hand, recorded a transaction volume of $9.31 billion.
MOST ACTIVE CHAINS LAST 24 HOURS ‼
With 18.24 in transaction volume, @Cardano is currently the second most active chain last 24 hours, after $BTC