• Cardano transaction volume surged despite bearish market sentiment.
• Cardano transaction volume surpassed Ethereum and Bitcoin for the second time this month.
• In other news, Cardano dipped near the 2021 pre-rally price of $0.8.

Transaction volume on Cardano, a leading competitor to Ethereum, has surged once again this month. To date, Ethereum has been the most popular choice among developer teams when it comes to the development of decentralized applications (DApps).