• As the Cardano vs Ethereum debate heats up, both coins have performed exceptionally well. 
• However, ADA has been giving investors more positive returns than ETH in 2023.

Ethereum [ETH] has faced stern resistance at the $2000 mark at press time, but its price action showed that a move above this critical resistance level was likely. Cardano [ADA] has also performed remarkably well in the markets over the past three months. A recent report exploring the Cardano roadmap highlighted that the Valentine upgrade helps developers extend the compatibility of the Cardano.

Read Cardano’s [ADA] Price Prediction 2023-24

Like Ethereum, Cardano bulls also faced down a bearish stronghold just overhead. The release of the first Hydra head was a major step in improving the scalability of the chain. It has recorded more gains than Ethereum since the turn of the year, which can be partially explained by the negative sentiment behind ETH over the past month.

Cardano vs Ethereum: How the altcoins fare

Measured from 2023’s swing low at $0.2434 to the swing high at $0.4617, ADA had recorded gains of 89.7%, which was more than

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Author: Akashnath S

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