Cardano $ADA becomes 1 blockchain by 24 hour transaction volume: data w/ Haskellion ErgoDex Cardano ADA
According to Messari data, Cardano eclipsed Bitcoin by USD-denominated transaction volume in 24 hours. Cardanians sent $33.45 billion in equivalent while Bitcoiners sent $33.27 billion.
At the same time, the Bitcoin network generated 23x more fees than Cardano : for Bitcoin, this metric reached $860,000, while for Cardano it sits at $38,000. To provide context, Cardano's main competitor in the smart contracts space, Ethereum , charged its clients with $14.7 million in fees over the last 24 hours.Most likely, this increase can be attributed to the inflow of liquidity into the ecosystem of Cardano-based decentralized finance protocols.
As covered by U.Today previously, Cardano's DEX, AdaSwap, is now endorsed by Israeli actress Gal Gadot, an award-winning world cinema superstar.Another Cardano-based DeFi protocol, ErgoDEX - which is set to bridge the Cardano and Ergo blockchains - is getting closer to mainnet release. Since the Cardano launch is right around the corner, we decided to give everyone a sneak preview of what they can expect to see, stay tuned!
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