Cardano achieved the first rank in terms of per day high Transactions
Cardano crossed Bitcoin and Ethereum like all top-class assets in terms of 24 hours transactions.
Cardano is a 7th ranked crypto asset in the crypto industry, in terms of the highest 24 hours trading volume. The developers behind this project remain active to do new types of development work so that they can bring blockchain technology to the commercial level with better use cases.
On 13 February, Messari.io, a crypto data aggregator platform, reported that Cardano crossed every blockchain Network in the crypto industry in terms of the highest on-chain blockchain transactions over the last 24 hours.
Cardano facilitated around $17.56 billion worth of adjusted transactions within 24 hours, while Bitcoin and Ethereum facilitated around $10.65 billion & $5.77 billion worth of transactions respectively.
The majority of the economic transactions are now moving to Cardano because of the low transaction fees and decent amount of trading volume. In the last 24 hours, Cardano generated an income of $51,985 worth of ADA tokens, while Ethereum generated around $19.39 million worth of ETH.
This happened for the first time in the crypto history when we saw such a rapid surge in the adjusted 24 hours volume transactions for Cardano. And these things are showing that IOHK, the team behind Cardano, is working with the highest potential to win the trust in the crypto industry.
Cardano aimed to commercially incline
Cardano blockchain Network took birth in this crypto industry because of the disagreement of the thinking of Charles Hoskinson with Vitalik Butterin.
Charles Hoskinson is also co-founder of Ethereum blockchain and he was willing to see Ethereum as a commercial blockchain Network tool instead to remain limited with public blockchain Network tag, but Vitalik refused to accept the idea of Charles. After that Charles started his separate blockchain network, Cardano.
Charles aimed to use the Cardano Blockchain in real use cases like payment in the services at commercial levels. Cardano network completed more than 1500 days in this crypto Industry but never faced any network outage and this is a real indication of how much the team is doing hard for its Blockchain network growth.
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