Over the past couple of days, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been catching the attention of many people, due to the positive trend, resulting in the recent price all-time high recorded above $3,000 resistance level. Cardano (ADA) is also doing well, but not as much as Ethereum’s meteoric trend.
This has been discouraging a lot of newbies in the Cardano community and those who have quickly forgotten the magnificent uptrend that took the price of the digital token ADA beyond the $1 mark a few months ago.
Aleksandra Huk Sets the Record Regarding Cardano and Ethereum Price Performance
Aleksandra Huk, a highly followed Cardano enthusiast, has some hours ago set the record straight in relation to the price trend of Cardano (ADA) and Ethereum (ETH) just a year ago.
Huk specifically posted the tweet to demand the patience of the Cardano investors who look forward to seeing ADA replicating the current performance of ETH.
According to Huk, this time last year, ADA was trading at $0.04 while ETH was priced at $212. Considering today’s prices, Cardano (ADA) has gained 33x, while Ethereum (ETH) only managed a 14x increase. This implies that the digital token ADA is still notably outperforming ETH despite the latter’s current positive trend.
Aleksandra Huk tweeted, “Just a year ago today ADA was $0.04, ETH was $212 ADA did 33x ETH did 14x Stop talking crap about the price & how it’s not performing well. Stfu and be patient.”
ADA did 33x
ETH did 14x
Stop talking crap about the price & how it’s not performing well. Stfu and be patient.
— Aleksandra Huk (@HukAleksandra) May 2, 2021
Cardano (ADA) Is Marching Towards Adoption
Crypto influencer and trader, Austin Arnold, has regarded Cardano (ADA) as one of the altcoins that are marching towards adoption, due to their life-changing potentials.
In a new video, Arnold recognized the recent partnerships sealed by Cardano’s IOG with the Ethiopian Government and World Mobile as a noteworthy step towards adoption.
According to the crypto trader, the more the Cardano network expands across the globe, the closer it gets to attaining mass adoption.