Charles Hoskinson’s blockchain has again become one of the most active networks by transaction volume as it approaches that of Bitcoin but none of that has helped the price of ADA.
The Cardano blockchain has experienced an explosion in on-chain activity and now trails only Bitcoin in current 24-hour transaction volume, surpassing Ethereum in the process according to Messari.Cardano (ADA) currently has $17.04 billion in 24-hour transaction volume, according to data from on-chain analytics firm Messari. With Bitcoin (BTC) at $18.85 billion and Ethereum (ETH) at $5.25 billion according to Messari, Cardano is in second place in that category and is closing in on the top position for this metric.#Cardano just surpassed $LTC and $ETH in transaction volume.Are you bullish on $ADA?— The Moon (@TheMoonCarl) February 21, 2022
Overall, this month has seen tremendous activity on Cardano. On Feb. 14, 24-hour transaction volume toppe