This 1 Metric Shows Ethereum Soaring Over Solana and Cardano. But Is It a Buy?

Ethereum's (CRYPTO: ETH) price decline of 48% during the past 12 months leaves it badly lagging behind both Solana (CRYPTO: SOL), which gained 32%, and Cardano (CRYPTO: ADA), which lost just 7% of its value. But there's one important metric about developers on the chain that seems to suggest that better times might be ahead -- or at least that some of Ethereum's biggest strengths are still in play despite its poor price performance recently.Let's take a deeper look at that metric, understand what it means, and place it into the context of what else has been going on with these coins so that you'll know how to plan your investments.For coins like Ethereum, Solana, and Cardano, the size and vigor of their blockchain ecosystems are key considerations for investors. After all, there's not much point in buying the main coin of a chain that's intended for use as a decentralized finance (DeFi) hub if there aren't actually any DeFi applications or projects hosted there. The same goes for other types of crypto projects, like non-fungible token (NFT) marketplaces, among many others.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool