Birdwatch Note Rating
2024-12-15 11:49:48 UTC - HELPFUL
Rated by Participant: DDEFCEEDD0420A245395043E57B87B8729963BDFC308DB10D1DFF87FC40BED56
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