I would like to know your views on this:1. I have ADA, even though it's not a lot, because I still believe in Cardano potential and role in the future of the blockchain market.
- Are you holding ADA in your balance?
- Do you expect a positive impact from Hydra & Chang on ADA price?
- Can Hydra & Chang make Cardano great again this season?
2. Hydra and Chang are significant upgrades that are valuable for Cardano scalability and decentralization. If they are well-promoted in the media and the price goes up, they will definitely be important drivers for ADA price increase during this bullrun.Charles Hoskinson and IOHK will know how to leverage this opportunity to promote important upgrades Hydra and Chang. I don't think ADA investors need to worry about this. The Cardano community is very large and they also have enough budget to continue supporting the development of this ecosystem.
yes any developments I believe can have a positive impact on any project however I do not think that it will reach super high numbers despite many upgrades maybe even in time with the bull run cardano holders will see some great profits but I would say that we should still control our expectations to not be too disappointed in case
- Do you expect a positive impact from Hydra & Chang on ADA price?
I still think the Cardano ecosystem is a sleeping giant. Technical upgrades are definitely most welcome but it remains to be seen how the crypto community responds to it. With a lot of competition in the market, this probably needs more visibility. I don't even see a lot of meme tokens built on this blockchain.Nice, now we’re using memecoins as a criterion to evaluate a crypto ecosystem :) I like this viewpoint because memecoins prefer vibrant ecosystems with strong cash flow, and it’s clear that compared to Solana or Ton, Cardano is nearly invisible to crypto users and investors.
There are tons of memecoins in ADA, you can check them on mueliswap.com they rank them all from the most known to the unheard of. To name a few, theres SNEK, LOBSTER and HOSKY.
I think ADA is rising nkw because of the Voltaire upgrade this week. I'm just unsure whether it will continue to go up bcause after the upgrade, traders will dump them again. They're probably just pumping and dumping ADA.
I don't have ADA anymore, but I will admit that during it's last bull run, I was there and did make a lot of money out of it. But after that, it seems that the price really stagnate for quiet sometime and up to know it is worst at almost -90% from it's last all time high.You can check ADA pricer chart, the same thing happened during the crypto winter 2018-2019 when ADA price dropped from $1.4 to $0.02 (-98.5%) but it quickly recovered to $3.1 in the bullrun 2021 thanks to the launch of Cardano and the technological updates introduced to the community.
Maybe investors have been burn out of ADA or just chooses to go on other promising crypto as the market is changing from old guard to some new and hype and so there are a lot of bandwagons on the latest hype. But best of luck to some holders who truly believed that it can give you a lot of profits this incoming bull run.
You can check ADA pricer chart, the same thing happened during the crypto winter 2018-2019 when ADA price dropped from $1.4 to $0.02 (-98.5%) but it quickly recovered to $3.1 in the bullrun 2021 thanks to the launch of Cardano and the technological updates introduced to the community.Every investor will have their own assessment of Cardano and ADA's potential this season. Confidence creates holders, while doubts will lead investors to other tokens in the market like BTC, ETH, BNB, SOL, TRX, etc. Everything will be verified in the coming months by the fluctuations on the ADA price chart, we won't have to wait too long.
The crypto market has become more competitive with the emergence of many Layer-1, Layer-2 and many LSD + LRD + RWA + AI projects... I'm not sure if Cardano can compete with them, I just believe that with continuous upgrades and a huge budget in the Cardano Treasury, Cardano will still have a place in this market. The uniqueness and academic nature of Cardano technology is something that other blockchains cannot easily achieve.
I've had experience with the Eos blockchain and found that all operations are quite simple and easy for users. Everything can be done quickly right on Graymass's Anchor wallet app: staking, buying & selling network resources... What I don't like is that EOS requires users to pay a fee when creating an account, although it helps the network avoid attacks or fake users, it's actually inconvenient and a barrier for users. Fortunately, many BPs have free account creation programs for users through Telegram bots. However, the EOS token is still considered a failed token as it has been abandoned by BlockOne and ENF.
Cardano has simple system but are very easier for retail investors to make money staking unlike the ones you mentioned such as EOS, Tezos and NEO. You don't have to have a huge investment to be able to stake. And this is popular due to Hoskinson.
With L2 solution, this is definitely making a big improvement to the peoject. I could speculate the price will be more than $5 in the bull season.
I've had experience with the Eos blockchain and found that all operations are quite simple and easy for users. Everything can be done quickly right on Graymass's Anchor wallet app: staking, buying & selling network resources... What I don't like is that EOS requires users to pay a fee when creating an account, although it helps the network avoid attacks or fake users, it's actually inconvenient and a barrier for users. Fortunately, many BPs have free account creation programs for users through Telegram bots. However, the EOS token is still considered a failed token as it has been abandoned by BlockOne and ENF.Yeah, EOS failed because of issues with its management (BlockOne abandoned EOS), its budget ($4B wasn't invested in the EOS ecosystem) and its team (Dan had his own vision and left EOS). Cardano doesn't have those problems: IOHK continues to support Cardano development and the Treasury ensures the ecosystem development in the most positive and valuable direction for users.
IOHK really knows what to do with a huge budget in Treasury to promote and drive the Cardano development, especially when Cardano has had more features and capabilities than in last season. I like your prediction, I hope ADA price can x10 from now and reach 5 USD in this uptrend. That would be the time for us to have a lively discussion in the Cardano board on this forum.
Cardano blockchain is a reputable blockchain platform with a huge marketcap of about $11,2b, it has attracted very many investors, and a big community of platform users globally. Cardano is a well established ecosystem with several upgrades to meet modern demandsI hope that many investors also understand the value and potential of Cardano, both now and in the future. It has always been one of the best blockchains on the market with intelligent and efficient solutions, however, the lack of attractiveness on the ADA price chart has caused investors to temporarily forget about those things to choose other more interesting tokens like AI, DeFi or even memecoins ^^
However, Ada has experienced low market trends lately and has also affected the demand for Ada coin. I think that Cardano will always come back stronger because the project has been very consistent as one of the best coin on the crypto economy.
ADA have been overseen even before 2020. The project was promoted and got funded but it wasn't really making a huge newo the media as investors are already fed up of projects claiming ETH killa.The FOMO for ADA in 2017 was based on the Ether killer narrative, while the FOMO in 2021 was driven by the vast potential Cardano could offer users in the future after the network's successful launch. I hope the FOMO in 2025 will be fueled by significant updates as Hydra and Goguen.
And they could be right about it. Same concept but ADA has different approach thts why it gathered a lot of followers.
The FOMO for ADA in 2017 was based on the Ether killer narrative, while the FOMO in 2021 was driven by the vast potential Cardano could offer users in the future after the network's successful launch. I hope the FOMO in 2025 will be fueled by significant updates as Hydra and Goguen.Yes and at that time, ADA really could be that popular. It's just that, unfortunately it didn't continue significantly. and in the end for now, it is increasingly lagging behind various new projects that are almost the same. Maybe with the new development of ADA, it can boost the value and price of ADA. But is it really possible? I don't know, I have also been holding this coin for the past few years, hoping that this coin can really surpass last season's ATH. It's just that, it seems like it won't go smoothly if you look at ADA's development so far
There is an update about that collaboration of XRP, HBAR and ADA regarding security and recovery, I didn't understand all the fuzz actually but if partnership drives the price and adoption, there is nothing negqive to say about it.Every collaboration has a positive impact on the development of the ecosystem, at the very least it helps projects gain exposure on crypto media. I will delve deeper into the actual impacts of this collaboration. Ripple, Hedera, and Cardano are all very big projects in the market but their native tokens have yet to see impressive recovery. This collaboration could be their opportunity.
I don't actually feel the result of the ADA upgrade. normally in big projects like ETH or BTC a simple update you can see the surge of price almost real time.