Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: pambeasely1 on March 23, 2022, 02:03:00 PM

Title: Cardano (ADA) excels EThereum’s optimism, Does Cardano become the best ?
Post by: pambeasely1 on March 23, 2022, 02:03:00 PM
Cardano (ADA) excels EThereum’s optimism, Does Cardano become the best investment platform?

Cardano (ADA) is standing at the 9th position of the cryptocurrency market capitalization with the value of $28.68 billion incomparable Coin beat for Avalanche to reach the 9th largest coin is $22.28 billion.

The estimated price of Cardano (ADA) by 2022 is USD3.10, it may even hike up to USD10.46 over five years, Cardano is being a very optimistic and bullish Crypto asset in the current market .

ADA can reach a price of USD12 by the end of 2022 and may hike up to USD 18 by 2023. Cardano is a good investment plan by 2022 along with Bitcoin and Ethereum.

Does Cardano Exceed flagship Ethereum L2?

Cardano’s decentralized finance (Defi) protocols accelerate the highest inflow of assets into their values, staking instruments, and other mechanisms.
Also reports the increase in total value locked (TVL) across all top-tier Defi protocols. After smart contracts launch, 0.2% of the global Defi protocols can be controlled by Cardano ADA within 6 months.



Based on optimistic roll-ups Cardano (ADA)  is almost about to exceed a mainstream L2 solution for Ethereum (ETH) scalability. Cardno's aggregated TVL sits at $277 million, up 15% in the last 24 hours, more than a double from the last two weeks, according to the analysis of Defi Llama tracker. Its dApps TVL is also uptrended by almost 100x since the last two months.

Who is gamable on Cardano (ADA) right now
 
Five Cardano- based protocols are active right now, and it is used by a MusliSwap multi-chain application together with the emerging Bitcoin cash-based platform SmartBCH according to Defi Llama. Decentralized crypto exchanges such as  Miniswap (MIN) and Sundaeswap (SUNDAE) controls More than 90% of Cardano's TVL, Muesliswap (MUESLI), and ADAX pro (ADAX) also add up to the list.