Birdwatch Note Rating
2024-12-15 14:53:17 UTC - HELPFUL
Rated by Participant: 1F7603469FE587C0781FA6A6046C70D4AFCD486E8C8910932505A8A1F6C796F3
Participant Details
Original Note:
On 12/12, Cardano saw 283,265 transactions (source: https://cardanoscan.io/analytics/absoluteTxCount). On the same day Bitcoin saw 474,978 (https://ycharts.com/indicators/bitcoin_transactions_per_day) and Ethereum saw 1.35m (https://ycharts.com/indicators/ethereum_transactions_per_day). Cardano’s transactions are 20-60% of these chains while its market cap is only 2-8%. Evidently Cardano sees significant user activity.
All Note Details