Cardano, as Charles Hoskinson once announced, is a perfect Ethereum Killer. The strong community behind Cardano and the consistency to remain in the top ten on market cap are no small feet. So, not for the last time,  let's just decide upon the potential that Cardano (ADA) has and how threatening it is for the chair of Ethereum.

In the famous story 'Slow and Steady Wins the Race' a tortoise could only win it because the rabbit fell asleep before reaching the finish line. Now the rabbits have learnt their lesson and don't want that they should be subjected to laugh and scorn anymore.

Dear readers let the story be a story even if it fits very well in the case of Ethereum vs Cardano. Let's be more realistic and take a look at quick comparison between the two blockchains.

• The Coinmarketcap rank for Ethereum is 2 whereas Cardano sits at number 8. Both are in the top ten, oh yeah, but the difference between market cap is huge. Ethereum's Market cap is 10-12 times greater than that of Cardano's.

• The Organisation that runs Ethereum is a single body called 'the Ethereum Foundation' whereas Cardano has multiple bodies to oversee their operations.

• Both smartchains are capable of deploying smart contracts. Again the Devs have preferred Ethereum as more than 3500 dApps are deployed on it whereas Cardano has gained a little over 1000 dApps.

• Ethereum is the first blockchain to adopt smart contracts but this functionality is also available with Cardano. The difference lies in the approch. Cardano uses Haskel, a programming language, which is difficult but robust and ultra fast whereas Ethereum uses Solidity, a very easy to understand yet secure and not too slow.

• Ethereum runs on layer 1 but with its upgrade to eth 2.0, we are not far from seeing a layer 2 solution from Ethereum itself. Cardano, on the other side, already have double layer of operations. Layer 1 is called the settlement layer while the layer 2 is called computational layer.

• Cardano has been fast in terms of transaction per second but after the 'merge' aka Eth 2.0 this problem seems to be sorted out. Ethereum can now do 20k to 100k tps which is incredible.

.......Image source- yourstory.com

Overall Ethereum's success lies in it being transitional so as to cope with next generation bolckchains like cardano and Avalanche. So far, Ethereum seems to be doing the same and I personally don't see any of the blockchains that can dethrone Ethereum in near future. Yes Cardano is tagged as 'Ethereum Killer' but it never came close to doing so, possibly neither will be.

Cardano is Ethereum killer, it's gonna replace it, dethrone it, blah, blah, blah. Why don't we all stop this nonsense end it where it began "Let's have a cage fight between Vitalik Buterin and Charles Hoskinson." 

Cardano (ADA) Future and Price Prediction

After looking at comprehensive overview of Cardano’s ongoing development and future roadmap, we may clearly understand that Cardano is here to stay and poised to remain in the top 10. Let's have a look at the price prediction for Cardano (ADA).

Before delving deep into predictions, l ra make you clear that the recent SEC saga of declaring Cryptocurrencies as securities has seen the prices for the mentioned coins nosediving. ADA too was hit hard and the price of 1 ADA fell from nearly $0.4 to $0.25 in about 2 days.

But after the Ripple (XRP) wins the huge battle against SEC, prices have started to rebound. The current price for ADA sits above $0.3 which I think is still not coping with Matic, Solana or XRP. 

So what should be the current price for ADA comparing the gains that we have seen over the past few weeks with major altcoins? The price should reach anywhere between $0.35 to $0.45 within a day or two and hold steady there and when the prices of BTC see a breakout of $32K, you can imagine what happens then.

Now talk about 2023 projections: If ADA passes the hurdle of $0.5, it shall see a staight climb upto $0.95 and shall close Dec 2023 there. 

2024 hold a brighter future for ADA as it shall cross it all time high of $3.09 mid year and can even uptrend to $5 but shall return to $2 levels and remain between $2 to $2.5

2025 shall solidify ADA's price a bit more as it will be more of a stagnant year where prices shall not change much from the levels of 2024. Still it may cross $3.5 if $5 levels are breached in 2024.

Overall Cardano's ADA is one of my best interests and I am already into it by 10/100 of my portfolio. The Cardano community is matchless and the future of Cardano is bright.

Disclaimer: This isn't a financial advice, Always Do your own research before making an investment decision.

As always Thanks for Reading

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