Despite being dubbed the Ethereum killer, Cardano's volatility has recently decreased. Ethereum scaling solutions and layer-2 protocols such as MATIC and Avalanche have recently outperformed Cardano. Cardano supporters anticipate a Cryptocurrency resurgence as the Hydra upgrade approaches. Cardano's on-chain activity has slowed, and the Cryptocurrency is lagging behind layer-2 solutions. When compared to the top 30 Cryptocurrencies, the Ethereum-killer is underperforming.