Both Cardano [ADA] and Ethereum [ETH] networks have witnessed prominent updates over the last month. Thanks to the development, the networks have remained relevant throughout. Now, however, with the Vasil update, the Cardano network has managed to garner immense adoption. This has led prominent YouTuber Ben Armstrong who goes by BitBoy speculate the possibility of the network taking over Ethereum.
In a recent tweet, the YouTuber created quite a controversy by suggesting that Cardano’s market cap could grow higher than that of Ethereum. However, he pointed out that this could take a while to occur, at least six years from now.
It should be noted that at press time, Ethereum’s market cap was at $161.70 billion. Cardano’s market cap was recorded to be $12.68 billion.
Crypto YouTuber BitBoy has been making news in the industry, not for all the right reasons. Therefore, an array of members of the community particularly the Ethereum clan began rolling out attacks.
Several accused the YouTuber of trying to pump Cardano and a few others took a dig at BitBoy noting how he would sue those who disagreed with him.
The Cardano community, on the other, was elated. One Twitter user wrote,
“They will all come around. All welcome at #Cardano. Experience what crypto is all about with true decentralization proof of stake that is liquid with $ADA! #Ethereum has a long way to go.:
Ethereum and Cardano’s top active developer count
It should be noted that the Cardano network has been widely criticized for being a ghost chain. However, while prepping for the Vasil hard fork, the network created quite a buzz. The network even managed to get on top of the active developer count list.
The latest development in the network led to many believing that Cardano entailed the potential of overpowering Ethereum or at least staying at par with it.
Meanwhile, ADA was trading for $0.370 with a dainty daily rise of 0.74 percent. This comes after a detrimental fall of 11.33 percent over the last seven days.