$1.98 -8.87%
ADA · 3w

Help understanding the Grayscale Report?

Can some one ELI5 or at least help me quantify what Grayscale is saying in this section of their Cardano brief? "The valuation per monthly active user (market cap / monthly active address) of Cardano is ~$30,000 and Ethereum is ~$55,000, which may imply Cardano’s is cheaper than its largest peer based on relative user value fundamentals " Link to the full report: [Grayscale Cardano Report]( I'm generally excited by what they say in the report and think this is one of the biggest high points but I'm also having trouble full understanding what this means about the comparative value of each network. Any help understanding this better is appreciated!
Go to self.cardano
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What is Charles signing here?

Yes we signed a great MOU today— Charles Hoskinson (@IOHK_Charles) October 26, 2021