ADA Price Prediction

[Abiky]

Cardano is one of the world's most innovative smart contract platforms with a tried-and-tested blockchain network backed by prominent developers and academics. The Ourboros PoS consensus algorithm is bound to make Cardano cost-efficient without sacrificing security/reliability. Considering that the project's team are adding new features at a slow and steady pace, Cardano would make an excellent alternative to Ethereum.

At the of this writing, ADA sits at around $1.35 per coin. If we compare Cardano vs other leading blockchain networks, we'd say that the cryptocurrency is quite undervalued. Both ETH and BNB are sitting well above the "triple digits", so I can't see why ADA won't do the same. Set yourself forward 10 years from now, and ADA could probably go all the way to $100 per coin.

What is your price prediction for Cardano (ADA) within the next 5-10 years? Do you think it's meant to become valuable over time? If not, why? Your input will be greatly appreciated. Thank you very much.

[Tytanowy Janusz]

Cardano is one of the world's most innovative smart contract platforms with a tried-and-tested blockchain network backed by prominent developers and academics. The Ourboros PoS consensus algorithm is bound to make Cardano cost-efficient without sacrificing security/reliability. Considering that the project's team are adding new features at a slow and steady pace, Cardano would make an excellent alternative to Ethereum.

Cardano is not "one of the world's most innovative smart contract platforms" because there is no working product yet. Just promise. I'm in crypto space since 2017 and since 2017 cardano is soon to launch something XD Still nothing.

Cardano should change name to Soondano.

I even created a topic in which I state that cardano will never launch final product because: "Crypto - place where promise is worth more than product"

At the of this writing, ADA sits at around $1.35 per coin. If we compare Cardano vs other leading blockchain networks, we'd say that the cryptocurrency is quite undervalued. Both ETH and BNB are sitting well above the "triple digits", so I can't see why ADA won't do the same. Set yourself forward 10 years from now, and ADA could probably go all the way to $100 per coin.

You should not compare price of tokens in a way you did it here. There is a huge difference between them in circulating supply. Ada is only 25% cheaper than BNB (59B marketcap vs 47B marketcap) ... not 200 times looking at price only. ADA at 100$ would have marketcap 4 times bigger than BTC.

$47 billion - that how much is worth promise without working product... ADA is the most overpriced startup whole world have ever seen. $47 billion for project that not even a single person is using.

[Abiky]

Cardano is not "one of the world's most innovative smart contract platforms" because there is no working product yet. Just promise. I'm in crypto space since 2017 and since 2017 cardano is soon to launch something XD Still nothing.

Cardano should change name to Soondano.

I even created a topic in which I state that cardano will never launch final product because: "Crypto - place where promise is worth more than product"

If Cardano is in fact "vaporware", then it won't last for long. Without concrete results, Cardano would be nothing more than a mere cryptocurrency. Other smart contract platforms are faring better with astronomical gains in price. If the Cardano team wants ADA to go all the way to the moon, they're going to need to add smart contracts functionality to the Blockchain ASAP. Otherwise, price per coin will stall.

With how everything's been going, I think ADA will reach $2 by the end of the year. Reaching double-digits is not feasible at the moment because of the reasons mentioned earlier. Relying on ADA as a long-term investment, will greatly depend on the project's development status. I'd steer clear from ADA until there's a working product for mainstream use. Just my opinion

[Tytanowy Janusz]

If Cardano is in fact "vaporware", then it won't last for long. Without concrete results, Cardano would be nothing more than a mere cryptocurrency. Other smart contract platforms are faring better with astronomical gains in price. If the Cardano team wants ADA to go all the way to the moon, they're going to need to add smart contracts functionality to the Blockchain ASAP. Otherwise, price per coin will stall.

"If Cardano is in fact "vaporware", then it won't last for long." - 4 years in top 10 CMC without working product is very long. Crypto does not need working product to pump evaluation to 100B$. We need good story and "soon" word being said often enough.

"Without concrete results, Cardano would be nothing more than a mere cryptocurrency." - 4 years with 0 results. Thats history of Cardano.

"Other smart contract platforms are faring better with astronomical gains in price."

ADA has astronomical gains in price - at least compared to value. ADA pumped from $ 0.0024 (ICO price) (no working product, no user base) to 1.47$ (current price) = x600 (still no working product, no user base)

"If the Cardano team wants ADA to go all the way to the moon, they're going to need to add smart contracts functionality to the Blockchain ASAP. Otherwise, price per coin will stall."
Cardano is already at the moon (x600 from ICO). They are soon to release product starting from 2017. Still nothing.

[yhiaali3]

100$ I think that's a little exaggerated!! Given the current Cardano network situation, it is unlikely that ADA will reach this price in 10 years, it could reach a maximum of  10$ not more than that, Cardano has many important network developments and they have a good team and I expect the price of ADA to reach  2.5$ with Bitcoin back to the previous high.
Cardano has some good updates like:
 ADA staking reached about 70%. If this number is correct, this will help make a good price pump for ADA in the coming period due to the decrease in supply in the market.
Also, ADA entered the largest investment fund https://grayscale.com/ with 4%.
In addition to some other good news, all this will contribute to raising the price well in the coming period.

[irixo10]

Cardano is one of the world's most innovative smart contract platforms with a tried-and-tested blockchain network backed by prominent developers and academics. The Ourboros PoS consensus algorithm is bound to make Cardano cost-efficient without sacrificing security/reliability. Considering that the project's team are adding new features at a slow and steady pace, Cardano would make an excellent alternative to Ethereum.

At the of this writing, ADA sits at around $1.35 per coin. If we compare Cardano vs other leading blockchain networks, we'd say that the cryptocurrency is quite undervalued. Both ETH and BNB are sitting well above the "triple digits", so I can't see why ADA won't do the same. Set yourself forward 10 years from now, and ADA could probably go all the way to $100 per coin.

What is your price prediction for Cardano (ADA) within the next 5-10 years? Do you think it's meant to become valuable over time? If not, why? Your input will be greatly appreciated. Thank you very much.

You are very right about ADA features and what the team has achieved so far as well as trying to achieve. ADA is a very outstanding blockchain platform backed by experienced team but what stuns me most is that, even with its outstanding features, many projects are yet to launch on it, I don't seems to see any or come across any (I can be corrected if I'm wrong), thus showing that many projects are yet to pay attention to it, and so far attention is not getting much on it from upcoming projects, I think it will struggle to be like BNB and ETH. Even Polygon Matic Chain is developing theirs to be exceptional, and projects are already looking into launching on it with some already migrating to it.
Therefore my own opinion is this, BNB and ETH has many projects already on their blockchain, leveraging their services and thus growing even more, that is to say ADA also needs something of such nature to be able to be compared with those two coins in terms of market cap.
Additionally, if we recall vividly, Binance native chain didn't attract much projects, recognition and growth to BNB coin until Binance Smart Chain was launched, and ever since no one has heard anything about their native or first chain, therefore ADA team needs to work more hard and develop something unique and attractive which will get the attention of upcoming projects, a Dex leveraging ADA blockchain is also not a bad idea; long term working products will lead to more price growth, I don't go with the idea or suggestion of $100 per coin, but something good will be expected if the team offers more working products.

[Clavulanic]

~snip~

What is your price prediction for Cardano (ADA) within the next 5-10 years? Do you think it's meant to become valuable over time? If not, why? Your input will be greatly appreciated. Thank you very much.

I had no further beliefs that it's not going to be non valuable over time, because cardano has a huge potential that within 10 years there's a definite increase which make all our efforts worthy for everything we dreamed of.
If $100 per ADA will be obtained someday, on or before the said expected number of years I think we will have to experience $200 or more when perfect time comes. Within that timeline, it's enough for a coin to establish a strong foundation in order have consistent demand.

[crzy]

my analysis Cardano is one of the smart contract platforms full of very good innovations, mainly supported by very professional developers, but unfortunately most projects ignore this network, if this situation can't be solved I think ADA is difficult to Compete with other networks like binance  and Ethereum, currently the price of Cardano has increased slightly, which is around $1.5, I am sure with its features it can make Cardano increase in the future,

Full of potential but investors are not buying it, there’s no major update with ADA and many new project still using other network something is wrong for sure and the ADA team have to address that. Though it doesn’t mean ADA will stay on that level forever, once a good project recognized by investors ADA will have a chance to showcase its real purpose and maybe a good price will come to ADA. $2 can happen, that’s a good price to end this year.