Cardano’s transaction volume is greater than the combination of Bitcoin and Ether

Cardano’s transaction volume is greater than the combination of Bitcoin and Ether

The Cardano blockchain has once again made a positive start this year as available data shows that the network has more transaction volume than the two most famous digital assets, Bitcoin and Ether.

According to data from Messari.io, Cardano recorded $17.56 billion in transactions in the last 24 hours.

Meanwhile, Bitcoin, its flagship digital asset, was only able to withdraw $10.65 billion over the same period, while Ethereum withdrew $5.77 billion.

This means that the recent flurry of DeFi activity that has registered the Cardano network has led to greater public acceptance.

Interestingly, at some point in January, Cardano saw trading volume that surpassed Ethereum.

While the high transaction sector is usually translated into high transaction costs for innovation and animals, the head is inverted.

Cardano's transaction volume is greater than the combination of Bitcoin and Ether

Cardano’s transaction volume is greater than the combination of Bitcoin and Ether

Messari data show that the main code networks usually encrypted up to $ 20 million for their complex transactions. However, Blockchain cards spend only $ 51.985 for their ecosystem.

This means that Cardan transactions are not only increased, but they are even cheaper than its competitors.

Cardano can increase trading sizes on its main partners but has not been translated into the green for digital features.

Based on the information available, the asset is currently trading at $1.03 after falling more than 3% in 24 hours, which is a long way from $3 ATH.

This also makes them valuable compared to other smart contract competitors such as Solana, Terra, Avalanche, and Ethereum.

Conversely, Ethereum is trading at $2,877 after dropping about 2% in 24 hours and more than 6% on the last even day.

Bitcoin remains the most expensive digital asset as it currently trades at $42,281 after falling below 1% in 24 hours. Importantly, the asset is within a few miles of last year’s $69,000 ATH.


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