Funny how it looks like everyone just woke up and read the news about ADA. Although it also looks like lots of people knew ahead of time. I've also noticed a lot more youtube mentions, even by non-crypto channels. Anyway, I'm talking about the ETH converter, which will let users to convert ERC20 tokens into ADA native special tokens.
That's why ETH has been underperforming and ADA has been on a tear. Everything that was ETH will now be ADA, but with no more triple digit gas fees! Well, ETH is still doing better than absolute garbage, like XLM, which has been one of the weakest performing during this dip. Oh you poor poor XLM holders...hope you didn't do anything especially stupid, like put it all on XLM. I mean, it probably doesn't matter because no one's THAT stupid, right? ;)