Cryptocurrency
ETH vs. ADA: Is Cardano or Ethereum a Better Investment in 2024?

Markets got a big spike in Ethereum price this week on crypto exchanges. What’s behind it and what factors can investors take into consideration to determine whether Ether or its friend Cardano is the better buy?
Ethereum has a birthday coming up on July 30. It was launched in 2015 to create a “world computer” with the same Web3 blockchain properties as Bitcoin has for storing cash and making payments.
Cardano was launched on September 23, 2017 by initial coin offering (ICO) and founded by an Ethereum co-founder, Charles Hoskinson. Today it’s the 10th largest cryptocurrency by market capitalization.
Ethereum Market Cap (May 22): $451.8 billion
Cardano Market Cap (May 22): $17.2 billion
Certain differences between the two cryptocurrencies are an advantage for one or the other and a good reason to be bullish or bearish for ETH or ADA tokens.
But some of the two networks’ differences are tradeoffs that are more complex to evaluate as yielding an advantage for either crypto. Here are 7 key factors at play in the future Ethereum price against Cardano:
1. ETH vs. ADA – Technical Analysis (a tie)
Ethereum price is nearly all the way back to its ATH (all time high) after spiking this week on Ethereum spot ETF buzz. Cardano has a long way to go. That might actually be more bullish for ADA, with more upside left in its price.
The recent Ethereum ETF approval will shake up the entire meta for investing in Ether. If bulls take the price past $4,000, another 12.5% increase would pump ETH to $4,500— within striking range of the previous Ethereum ATH of $4,721 in Nov. 2021.
Forbes recently mentioned an Ethereum price prediction of $5,000 by the end of 2024. Bitcoin ETF issuer VanEck predicts $11,800 by 2030. An even more bullish outlook forecasts $10,000 ETH by the end of the year.
Over the short term, Cardano technical indicators and moving averages over the weekly span recommended “Sell” on Thursday. Meanwhile, Ethereum technical indicators for the seven-day span recommended “Strong Buy,” according to data from Investing.com.
2. Ether Spot ETF – Regulatory Analysis (bullish ETH)
There’s no denying it. Charles Hoskinson would certainly agree: U.S. regulators seem to favor Bitcoin and Ethereum over Cardano and other DeFi networks.
The SEC said okay to Ethereum futures ETFs in October, revealing it didn’t seem to think of Ether as an unregistered security. However, the U.S. regulator has classified Cardano and other cryptocurrencies as unregistered securities in lawsuits against multiple blockchain companies, while ignoring Bitcoin and Ether.
As Fortune Magazine reported on May 1, “Furthermore, despite launching a number of lawsuits against crypto companies since April 2023, the agency has never named Ether to be a security in its complaints.”
The SEC lawsuit against Ripple has taken years (since Dec. 2020) and still has not yet been resolved. It is costly and leaves the future unsure for the currencies under the government’s crosshairs.
Markets abhor uncertainty.
It may not be fair, but it’s a bullish factor for ETH and bearish for ADA.
3. ADA vs. ETH – Fundamental Analysis (a wash)
Fundamental analysis is the preferred method of investors who are not total degenerates. Instead of chart technical analysis or meme currency voodoo economics, the fundamentalist looks at an investment prospect and asks what would “The Intelligent Investor” author Benjamin Graham do if he were here?
Graham says:
“The intelligent investor is a realist who sells to optimists and buys from pessimists. In the short run, the market is a voting machine but in the long run, it is a weighing machine.”
If a business’s expected future revenues discounted to the present day exceed its current market value, then it may be a good investment. If they match or fall short of the business’s market cap, then it may be a poor investment.
ADA: $263.8 million TVL (3% annual reward rate + 121% annual growth rate) / Market Cap: $16.4 Billion
ETH $64.9 Billion TVL (5.5% annual reward rate + 145% annual growth rate) / Market Cap: $453 Billion
Going by the data above without any further context, it appears Cardano would be the winner, because its inflows make up a much smaller portion of its market cap than Ethereum (0.019 to 0.22), but only if we expect it to grow at the same rate as Ethereum in the future.
The lopsided institutional adoption between the two will make that difficult for Cardano unless it finds a use case, a feature/benefit, and a narrative that shakes up the retail Internet markets for cryptocurrency.
4. Cardano vs. Ethereum – Gas Fees (cat’s game)
There are lower and more predictable fees on Cardano, but higher fees on Ethereum are also a feature, not necessarily a bug. They make it more expensive to misuse the network for cybercrime that doesn’t pay, so it’s more secure. Big institutions like that.
That’s one reason why the industry leader, Bitcoin’s slow, expensive network, with a low transaction bandwidth holds its capital so well. In many ways these built-in costs qualify participants better than Know Your Customer policies and automatically and without discriminating on any basis other than ability and willingness to pay the network’s fees.
Still for newcomers, enterpreneurs, startups, and investors starting out with a smaller cash pile, smart contract blockchain networks with lower fees like Cardano have an advantage. Transaction fees on both networks are highly variable and spike during periods of high network use.
5. Ease Of Use – Cardano (another tie)
Some people in Web3 feel Ethereum has an ease-of-use problem. It’s become too overgrown with complicated, byzantine layers on top of layers, creating a steeper learning curve and potential security threats.
Blockchain advocate Daniel Cawrey wrote in a recent opinion article on Blockworks:
“Ethereum is becoming a multilayered lasagna-like system whereby complexity and fees are pushing people to the margins, causing interoperability and security concerns.”
While true, much like Ethereum’s higher transactions fees— the complexity of Ethereum may be a reason to be bullish for ETH. It could simply be proof of the network’s success. As Cawrey acknowledges in the piece, the network is beginning to achieve its “world computer” concept.
Any computer architecture expert would be hard-pressed to explain how a Turing-complete global computer that anyone can use on a peer-to-peer network would become anything but a flying spaghetti monster of complexity.
6. Ether vs. Cardano Whales (bullish ADA)
A massive 15,000 ETH whale deposit to Kraken on May 18 spotted by Whale Alert suggested a bear run on Ether by whales could be incoming, but after the SEC approved the spot Ethereum ETF a surge in whale-sized transactions has been net positive for the network, according to IntoTheBlock data.
Meanwhile, Cardano whales have been extremely bullish for ADA in May. They boosted holdings in Cardano tokens by 11% in a month. Whales tend to be smart money with some of the most advanced analytics and market outlooks to know what they’re doing, so that’s positively bullish for Cardano.
https://x.com/intotheblock/status/1790774801277042863
7. Ethereum vs. Cardano Memes (bullish ETH)
Meme coins are a definite advantage for Ethereum. While Cardano does have meme coins, none of them are notable and they have not topped the market cap charts like Ethereum’s SHIB, PEPE, and FLOKI.
Cardano has succeeded in making a simpler, lower-fee Ethereum, but crypto markets tend to reward projects that leaven their technology with some meme karma. Maybe an Orange Pill Moon Boys NFT collection or something with a dog on it would do the trick.
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Cryptocurrency
Ethereum Foundation, Whales, and Hackers: What’s Driving the ETH Sell-Off?

TL;DR
- Whales, hackers, and the Ethereum Foundation wallets moved over $500M in ETH through large sales and withdrawals.
- Ethereum transfers rose to 4.6M ETH, nearing the monthly high of 5.2M recorded in July.
- Staking inflows hit 247,900 ETH, the highest in a month, locking more supply from trading.
Large Withdrawals and Whale Activity
Ethereum (ETH) has seen heavy movement from major wallets over the past few days. On-chain data from Lookonchain shows a newly created wallet pulled 17,591 ETH, worth $81.62 million, from Kraken in just two hours.
Over three days, two new wallets withdrew a combined 71,025 ETH, valued at $330 million, from the exchange.
One of these wallets, address 0x2A92, has withdrawn 53,434 ETH, worth $242.34 million, in two days. This includes a recent purchase of 30,069 ETH, valued at $138.46 million, during a market drop.
Major ETH Holders Offload Millions Amid Price Rally
In contrast, several separate entities have been disposing of some ETH holdings. A wallet tied to a hacker address 0x17E0 sold 4,958 ETH for $22.13 million at $4,463, securing a profit of $9.75 million. Earlier this year, the same address sold 12,282 ETH at $1,932 and later bought back part of the amount at higher prices.
A different whale sold 20,600 ETH for $96.55 million over the past two days, generating a profit of more than $26 million after holding the position for nine months.
Meanwhile, an Ethereum Foundation-linked wallet, 0xF39d, sold 6,194 ETH worth $28.36 million in the last three days at an average price of $4,578.
Recent sales from the same wallet included an additional 1,100 ETH and 1,695 ETH for over $12.7 million combined.
The #EthereumFoundation-linked wallet(0xF39d) sold another 1,300 $ETH($5.87M) at $4,518 ~11 hours ago.
Over the past 3 days, this wallet has sold a total of 6,194 $ETH($28.36M) at an average price of $4,578.https://t.co/4hfCWymHVG pic.twitter.com/ErUyEY8SJy
— Lookonchain (@lookonchain) August 15, 2025
Network Activity on the Rise
CryptoQuant data shows Ethereum’s total tokens transferred have been climbing since August 9. After ranging between 1 million and 3 million ETH through late July and early August, transfers have risen to 4.6 million ETH, approaching the monthly high of 5.2 million recorded in mid-July. This increase has occurred alongside a price rally from about $3,400 to $4,600.
Interestingly, staking inflows generally stayed between 20,000 and 80,000 ETH per day over the past month. On August 14, inflows jumped to 247,900 ETH, the highest in the period.
At the time, ETH was trading near $4,600. Large staking deposits reduce the amount of ETH available for immediate trading, as staked coins are locked for a set period.
In the meantime, ETH trades at $4,647 with a 24-hour volume of $68.25 billion, down 2% on the day but up 19% over the week.
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Cryptocurrency
Massive DOGE Whale Activity Hints at $1 Breakout

TL;DR
- Whales bought two billion DOGE this week, lifting their combined holdings to 27.6 billion coins.
- A single 900M DOGE transfer worth $208M to Binance drew attention to large exchange movements.
- DOGE broke key resistance, with momentum building for a possible push toward the $1 price mark.
Price and Market Moves
Dogecoin (DOGE) traded at $0.23 at press time, slipping 4% over the past day but still showing a 2% gain for the week. Daily turnover came in at about $6.18 billion.
Meanwhile, the broader crypto market saw over $1 billion in liquidations. Hotter-than-expected US Producer Price Index data pushed traders to scale back expectations of a near-term Federal Reserve rate cut. DOGE had roughly 290,500 coins liquidated during the sell-off.
On the two-week chart, analyst Trader Tardigrade notes that DOGE has cleared a downward-sloping resistance line after completing what appears to be a “wave V” in an Elliott Wave sequence. Similar setups in the past, where prolonged declines stayed within falling channels before breaking higher, have been followed by sharp rallies.
$Doge/2-week#Dogecoin is gaining strong momentum to surge above $1 pic.twitter.com/TuSEKr19nv
— Trader Tardigrade (@TATrader_Alan) August 15, 2025
Momentum gauges are also turning up. The Stochastic RSI, which had dropped into oversold territory, is now heading higher. Previous reversals from this zone have coincided with sustained upward moves. The current formation points to a possible run that could carry DOGE past the $1 mark.
Heavy Whale Buying and Large Transfers
As reported by CryptoPotato, blockchain data shows large investors have added two billion DOGE in the past week, spending just under $500 million. That brings their holdings to about 27.6 billion coins, or 18% of the supply. The buying streak has prompted speculation within the community.
Recently, Whale Alert flagged a 900 million DOGE transfer worth about $208 million into Binance. The tracking indicates that it originated from a wallet connected to the exchange, likely as an internal activity. The address involved holds 2.88 billion DOGE, one of the largest balances on the network.
Ali Martinez also reports that transactions above $1 million reached a one-month high, with activity building since early August and peaking as DOGE traded at $0.25.
Whales are back! Dogecoin $DOGE activity at a 1-month high. pic.twitter.com/C83Pv68mCt
— Ali (@ali_charts) August 14, 2025
Sentiment Building
Analyst Gordon described the current setup as “a nice bit of consolidation” before a potential breakout, adding,
“This will be one of the first coins normies FLOCK to & the pump will be MASSIVE.”
With whale accumulation rising, high-value transfers increasing, and a bullish technical pattern in play, DOGE is positioned for a potential push toward $1 if momentum holds.
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Cryptocurrency
Ripple Price Analysis: XRP at Risk as Key Support Levels Could Trigger Sharp Drop

XRP has recently entered a consolidation phase after a strong rally earlier this summer, with the price action now hovering around key resistance levels on both its USDT and BTC pairs. Yet, while momentum has slowed, the charts still indicate a generally bullish structure, with multiple key support levels remaining firmly in place.
Technical Analysis
By ShayanMarkets
The USDT Pair
On the XRP/USDT daily chart, the price is currently trading near the $3.10 mark, facing a strong resistance zone around $3.40. This follows a breakout above the $2.70 range in July, which has now flipped into a support area.
Both the 100-day and 200-day moving averages are also trending upward and recently formed a bullish crossover around $2.45, reinforcing the medium-term bullish sentiment. If the $3.40 resistance breaks, a push toward the critical $4.00 range becomes likely.
However, the RSI hovering near the neutral 50 level suggests a lack of strong momentum for now, meaning a short-term pullback into the $2.80 support zone is still possible.
This zone will be key for maintaining the bullish structure. Losing it could open the door for a deeper correction toward the 200-day moving average located around the $2.40 mark. Yet, as long as the price stays above the moving averages, the broader trend remains bullish.
The BTC Pair
Looking at the XRP/BTC chart, the pair has recently pulled back after hitting the 3,000 SAT resistance, with the price currently around 2,600 SAT.
This follows a clean breakout above the long-term descending channel and a successful retest of its upper boundary, which coincided with the 200-day moving average and the 2,400 SAT support zone. This confluence remains a key bullish technical factor, as holding above it could attract renewed buying pressure.
That said, RSI levels around 48 show that momentum has cooled after the sharp July rally, meaning XRP may continue ranging between 2,400 SAT and 3,000 SAT in the near term. A decisive close above 3,000 SAT would likely open the path to the 3,400 SAT zone, while losing 2,400 SAT could shift the bias back toward 2,000 SAT support. For now, the structure still favors the bulls as long as higher lows remain intact.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
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