Cardano vs Ethereum – Is ADA ready for a rotation rebound?

Key Points

1. Cardano (ADA) posted a 7% intraday gain, outperforming Ethereum (ETH), which rose by 5%.

2. Despite ADA's recent gains, Ethereum's Q2 return of +36% highlights its broader strength and ADA's underperformance.

3. The ADA/ETH ratio is a key indicator of capital rotation into Cardano, with past rallies showing significant inflows into ADA.

4. Cardano ranks 4th in developer activity (GitHub), ahead of Ethereum (13th), indicating a focus on protocol refinement.

5. Cardano's daily active addresses increased by 24.6% in the past week, while Ethereum's dropped by 14%, signaling potential shifts in on-chain activity.