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❕NEWS Cardano hits two times the transaction volume of ethereum

Ononivami1

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Cardano is the biggest proof-of-stake(PoS) blockchain and the sixth ranked cryptocurrency in terms of market value.
A seamless 20 million transactions was recorded on it network without outage.

Cardano has shown very poor performance with pretty unstable market movements. This raises concern for the investors because It as shown bearish movements persistently last few weeks.

Record showed that cardano recorded twice the value of ethereum in the last 2 weeks
 
That's a very incisive thread . Cardano is a very good project. The founder as done a very good job by achieving the milestone. Being the largest proof-of -stake, it has shown very promising security on it blockchain. The PoS is a added to the blockchain to further increase it security and with this, it would be very difficult to tamper with the transaction.
 
That's a very incisive thread . Cardano is a very good project. The founder as done a very good job by achieving the milestone. Being the largest proof-of -stake, it has shown very promising security on it blockchain. The PoS is a added to the blockchain to further increase it security and with this, it would be very difficult to tamper with the transaction.
The cardano project have received lots of attention lately. The coin recorded twice the transaction volume of ethereum is a major milestone for the project developers. I don't really know if the cardano platform can function in the capacity of the ethereum. I will have to do more research on this.
 
The cardano project have received lots of attention lately. The coin recorded twice the transaction volume of ethereum is a major milestone for the project developers. I don't really know if the cardano platform can function in the capacity of the ethereum. I will have to do more research on this.
Most of the ethereum users do not trade the coin in the crypto market. They prefer to hold it for a long term trade. On the other hand, the cardano users trade the coin regularly than holding it in their wallet and this is what caused the spike in the transaction volume of the coin.
 
Most of the ethereum users do not trade the coin in the crypto market. They prefer to hold it for a long term trade. On the other hand, the cardano users trade the coin regularly than holding it in their wallet and this is what caused the spike in the transaction volume of the coin.
Yep true there are a lot of projects under the ethereum network and majority of them prefer to hold at the time being one of the major reason for this because that ethereum currently still has quite a big transaction fee, so if people continually transact in the network they would be the one losing to the transaction fees
 
To be candid, I am on the fence when it comes to cardano and investing in it at the moment. Considering how solid the project is, the best time to get some is now that the coin is in dip but again being skeptical about how long it may take to hodl it before experiencing considerable increase in it .
 
Yep true there are a lot of projects under the ethereum network and majority of them prefer to hold at the time being one of the major reason for this because that ethereum currently still has quite a big transaction fee, so if people continually transact in the network they would be the one losing to the transaction fees
The gas fee in the ethereum platform is another discouraging factor. Majority of the users would want to think twice before before carrying out trade on the ethereum blockchain. Moreover, there are many tokens integrated on the platforms. So, the may slow down the rate at which the ethereum is used.
 
Still good , because despite the transaction rate ,the coin transaction fee is still very much lower compared to ethereum ,it's the reason there have been s shift in people making use of the network in conducting transaction ,rather than involving the price of Bitcoin in the process of transactions
 
Most news surrounding Cardano are not appealing to me lately because there are lots of bloggers promoting Cardano which has made it look beyond what it really is. I believe time can make People see if it really what investing or not. All I think for now is to buy the ones I can , not for quick gains but for the long days because it has a good feature for investment.
 
This is what the Market is all about, at times it will gain, while next time it will lose, that's the reason why cryptocurrency is termed so volatile. What happens within those weeks should not be a concern to investors, because there are number of events that resulted to its down wards movement. I believe with time cardano will revise to bullish trend.
 
Indeed exactly that is what is happening with some coins at this time and the people are fond of having the best possible solutions , So they are thinking energy efficiency but with the falling price you can't take such big risk and the bills might not be huge but will definitely be more so buying at this point is not good until the market has moved lower actually .
 
Cardano is a project with a lot of promise. However, it will be a very hard job for it to overcome Ethereum.

One major reason why Cardano is always in the news is because of it's huge fan following. Ethereum though has more developers using it's Blockchain which shows that it's more trusted and preferable by those who really have the money to spend in cryptocurrency. Except in the event of a huge crash, Ethereum will eventually outperform Cardano, I believe.
 
The Cardano project is a very promising one and it is one of the most recognised blockchain in the cryptocurrency system . Investing in cardano is big investment because it has a lot of potentials. The creators of the cardano project knows the onus and they're actually doing the best to improve the cryptocurrency.
 
Cardano has a long way to go , So far they have done fair in terms of the market competition but as the market grows like trx they need to pay bonus coins to the investors to use their ecosystem , many protocols are doing this and they are growing their assets very smoothly in the process .
 

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