Birdwatch Note Rating
2024-12-16 20:33:38 UTC - HELPFUL
Rated by Participant: ECCF1B4E1C55605C9D35D966CFC295E598F7467A48809FFDE0FB7903C538CE08
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