- Cardano powers the transfer of 100s of cryptocurrencies in a single transaction, a feature absent in the Ethereum and the Solana network.
- As Cardano nears the Vasil hard fork and Ethereum approaches the merge, analysts have racked the two competitors against each other in features and scale.
- While Ethereum price hit its monthly high of $1,640, analysts are bullish on Cardano and predict a retest of $0.55.
As Cardano’s Vasil hard fork and Ethereum’s Merge is fast approaching, the crypto community pitted the two competitors against each other, comparing features and scale. Cardano successfully powers the transfer of 100s of different cryptocurrency assets in a single transaction, a feat that takes 100s of individual transactions on Ethereum or Solana. The development activity on Cardano has remained consistently high over the past two months.
Also read: Cardano Vasil hard fork is right on time, developer debunks possibility of delay
Cardano v. Ethereum: Features and scale
Lucid, a pseudonymous crypto analyst, compared Cardano to its competitors Ethereum and Solana and argued that:
On Cardano you can send multiple assets in a single transaction. That means on Cardano you can send 100 Assets to different addresses in one single transaction. This would take 100 separate Transactions on Ethereum or Solana and totally destroys any TPS argument.
On Cardano you can send Multiple Assets in a single transaction. That's means on Cardano you can send 100 Assets to different addresses in one single Transaction. This would take 100 separate Transactions on Ethereum or Solana and totally destroys any TPS argument. Need a new
— Lucid (@LucidCiC) July 19, 2022
