Cardano outperforms Litecoin and Ethereum in terms of on-chain activity as ADA blockchain industry grows

Per recent data from Messari, aside from Bitcoin, Cardano is presently in the top place in terms of transaction activity, outpacing Litecoin and Ethereum. Based on transaction volume, Cardano overtook Litecoin and Ethereum at $17.04 billion, while the latter registered 24-hour volumes of $7.20 billion and $5.25 billion, respectively.

Adjusted transaction volume is still a good way to isolate only the most important transactions. Cardano outperformed both Litecoin and Ethereum in adjusted volumes, with a 24-hour volume of $16.71 billion, compared to Litecoin’s $97.81 million and Ethereum’s $3.84 billion.

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