Despite facing market declines, Cardano surpasses Ethereum in large transactions, with daily volumes reaching $13 billion.
Cardano’s ADA price dropped by 2.56% to $0.5177, while Ethereum saw a milder 0.85% decrease to $2,516.35 in the past 24 hours.
Cardano (ADA) has recently outpaced Ethereum (ETH) in large transaction volumes. Data from the crypto analytics platform IntoTheBlock (ITB) reveals that Cardano’s 30-day volume of large transactions, defined as those exceeding $100,000 in fiat value, significantly surpasses Ethereum’s. This development emerges as the crypto market attempts to navigate through a bearish phase.
Cardano whales have been quite active for the past few months. $13B in large transactions (>$100k) is being settled on Cardano daily on average. A significant amount, if you compare it to Ethereum’s $5B 7-day average. pic.twitter.com/8rjeQZaonU
— IntoTheBlock (@intotheblock) January 18, 2024

 
Cardano, known for its scientific approach to blockchain devel

Czytaj więcej

We współpracy z: https://www.crypto-news-flash.com/cardano-ada-surpasses-ethereum-eth-in-whale-transactions-signals-strength-amid-bearish-market/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-ada-surpasses-ethereum-eth-in-whale-transactions-signals-strength-amid-bearish-market