Cardano tops in transaction volume at $42.1 billion, outperforming Bitcoin and Ethereum CardanoADA CardanoCommunity
, Cardano has seen six times more Ethereum transaction volumes in the last 24 hours at a present value of $42.1 billion. Overall, Cardano tops in on-chain activity, leading in 24-hour transaction volumes and adjusted transaction volumes as well.
Cardano outperformed lead cryptocurrencies Bitcoin and Ethereum, which recorded $36.38 billion and $7.42 billion, respectively. Adjusted transaction volume remains a good way to isolate only the most important transactions.Cardano outperformed lead cryptocurrencies Bitcoin and Ethereum in adjusted transaction volumes, with a 24-hour volume of $41 billion compared to Bitcoin's $13.83 billion and Ethereum's $5.94 billion.
Large transactions are those in which the amount transferred exceeds $100,000, according to IntoTheBlock. The on-chain volume of these transactions gives an idea of the amount whales and institutional players transact on a given day.Increases in the volume of large transactions indicate increased activity among institutional buyers and sellers.
The former model says that participating in AdaSwap's funding round was"an exciting investment opportunity" for her. Cardano founder Charles Hoskinson has already welcomed Gadot, a former Israeli soldier, to the"Cardano family."
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