According to Pinbold on the 8th (local time), Cardano and Ethereum are often compared to each other in that their respective networks provide similar services.
In particular, many traders are closely watching when Cardano will be able to surpass Ethereum’s scale as a representative Ethereum competing blockchain.
Using CoinGecko’s cryptocurrency comparison tool, Cardano would need to rise 9.25 times from its current price to reach Ethereum’s market cap.
In other words, if the current price of $0.47 to $4.34, Ethereum’s market capitalization can reach about $150 billion.
Cardano is up 0.7% in the 24-hour period, up 3.5% from a week ago, while Ethereum is up 3.5% in one day and 16% in the week.
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Machine learning algorithm Cardano (ADA) bullish outlook … September 1st $2.90 forecast
