Birdwatch Note Rating
2024-12-15 08:32:18 UTC - HELPFUL
Rated by Participant: CA7E2742202BAC93AC6BF4968A4A9ED4C54C1CBF5A8BE7A92AFD599C7CFED0C2
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