Why is ETH better than Cardano?

I've heard quite a lot about ETH and Cardano, but why is ETH considered superior? Could you elaborate on this for me, please? ETH, being described as a multipurpose platform for dApps and smart contracts, seems to attract a vast community of developers and users. Its agile and responsive approach to accommodating a wide range of applications, including financial services, gaming, and social networking, definitely adds to its charm. On the other hand, Cardano takes a more methodical and academic approach, emphasizing peer-reviewed research and formal verification methods. While this ensures a high level of code assurance and protocol upgrades, does it really make it inferior to ETH? I'm interested in understanding the nuances that make ETH stand out, especially in terms of its architecture, scalability, and the overall ecosystem it has built. Could you provide some insights into this, please?