Birdwatch Note Rating
2024-12-15 09:04:04 UTC - HELPFUL
Rated by Participant: 31F9628346C93EBACE474343A53079A961F256DE8F91312ED4A4A13DA9141988
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.
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