Cardano Users Continue to Grow as Ethereum Fees Have Increased by 21%.
As Ethereum fees remain high, users are migrating to Cardano. Ethereum transaction costs are still pretty expensive. The costs for this blockchain network have increased to 21% in April.
While Ethereum (ETH) continues to cause problems for small investors due to skyrocketing costs. Cardano (ADA) addresses continue to rise, indicating that there is a strong desire for this cryptocurrency.
Decentralized finance (DeFi) initiatives, non-fungible tokens (NFTs), and many other smart contracts that demand a gas cost are all part of the Ethereum network.