ETH - 10K daily users and a $2.4B valuation.

[blockchain2k]

According to "State of the Dapps", there are only 10K daily active users. Many sources report transactions per seconds on the ETH blockchain of <20 TPS. Why is the market cap of the token $2.4 BILLION?

ETH needs 3 orders of magnitude faster transaction speed to be as good as Visa.

https://www.stateofthedapps.com/stats

[Msile]

With numbers like this I am still shocked that the price of ethereum is doing as badly as it is now. Given the fact that ethereum is way younger than visa there is no need to be comparing them and I'm pretty sure that when visa was this young it could not boast of the numbers that eth has now, juts give it time and it will catch up with it