Will ADA and eth competitors get dumped if/when Ethereum 2.0 comes out?

[yat97]

Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

[Teraboy]

Or will they remain stable at least?

They will remain stable and no reason for the dump to happen with ada. the majority of ethereum users were migrating to the BSC and ada was only getting small users from there.

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

You should not be worried about this dude. There's no exact date about when eth 2.0 will be coming out.
ADA is a new platform and the new platform will always learn the problem that faced by the old platform.

[TravelMug]

Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

Good question.

I think it still base on how on the much anticipated ETH 2.0 will be roll out, will it solve the current issue of high gas fees? So for now it's hard to answer, but I'm guessing that there might be some ADA or other competitor investors to move and shift to Ethereum to make profits out of the hype around ETH 2.0. And then they can go back to ADA or stick with Ethereum. So 50/50 for now.

[Kemarit]

Or will they remain stable at least?

I think they won't be affected if ever Eth2.0 comes out, the hype has died down a bit because of so many delays that's why competitions are taking it to Ethereum right now, like ADA, BNB.

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

There are pros and cons for every coins out there, good that you hold both. ADA in the last 6 months is really gaining some ground and really making good profits for it's early investors. So continue to stack both of them because we are still in the bull run. Regardless of the competition, you will be the winner at the end of the day.

[TastyChillySauce00]

Maybe, the main reason why people switching over another blockchain was the gas price if it gets resolved people would just go back to using ERC20 etc because they are used to it.
But, I doubt those ETH competitiors gonna get dumped so hard, maybe those coins gonna just lose small fraction of price and trading volume but I think they gonna be fine, after all it's better to get all the defis and tokens distributed to many blockchains so it's not too centralized in ETH blockchain.

[akirasendo17]

Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

A good investment is a win-win situation for you since, they are both competing, there is a good chance they will try to make improvements, to become better, and its good news for those who hold both coins, right now Cardano is making improvements while Eth is also trying to launch Eth 2.0, with the gas fee making it hard for ethereum community Cardano has the upper hand.

[cabron]

Yes ADA will be dumped and most probably some of the holdings they got, they may even dump their BTC for ETH. But it will also be bought up by the ones who wanted it cheap. ETH2 will come out months later so the price today of Ada and Polkadot is still cheaper.

Don't think ADA won't have plans too, they might just release something else while ETH2 is about to come. You'll be caught up between and choosing one will be like choosing the losing side.

[TWW]

if you already have both then keep it. I hope your planning is for the long term. even if the price drops, believe ETH and ADA will benefit you in the long run.
ethereum 2.0 is still long enough to finish. and when all the updates are finished I'm sure ETH can fix all the problems we are currently experiencing. This is a market that is currently dominated by Binance because many Ethereum chain projects have moved to the Binance smart chain.

[pakhitheboss]

None of them will be getting dumped that is for sure. Majority of Ethereum users are switching to BSC because of high transaction fee but they are not dumping Ethereum. ADA is a good project but since it is cheap people are investing in it and therefore you can see a pump in its price. Watchout for BNB it might get pumped hard this year.

P.S - I am not promoting BNB.

[Fundamentals Of]

Cardano (ADA) will probably remain strong alongside Ethereum (ETH) even with the complete release and implementation of Ethereum 2.0. I also have both Cardano (ADA) and Ethereum (ETH) in my portfolio but a lot more of ETH than ADA. Ethereum (ETH) is generally superior than Cardano (ADA) but in terms of fees and certain features Cardano (ADA) may be better. But Ethereum (ETH) has got the name and a huge body of followers, users, and supporters not just of its coin but also of its network.

[cryptoaddictchie]

I dont think anyone else can totally move on using ethereum network. We all knew that eth is a powerful smart contract platform and been widely used eversince. Now that eth is 2.0 is coming out, I'm sure many will get trigger again and put all their money with it. But of course the rise of other dex on other blockchain can also be a great rival but I'm sure eth will always prevail as it display a great innovative approach on blockchain industry.

[dihari]

the majority of ethereum users were migrating to the BSC and ada was only getting small users from there.

For your consideration, that majority users you have mentioned is using bsc only for transactions, not a true believers. Eth still have big trading volume and massive holders.


No matter how high the eth price after the eth2, all these competitors have their own value. Their technology and innovations is the only things will determine their value.

[criket]

Cardano (ADA) will probably remain strong alongside Ethereum (ETH) even with the complete release and implementation of Ethereum 2.0. I also have both Cardano (ADA) and Ethereum (ETH) in my portfolio but a lot more of ETH than ADA. Ethereum (ETH) is generally superior than Cardano (ADA) but in terms of fees and certain features Cardano (ADA) may be better. But Ethereum (ETH) has got the name and a huge body of followers, users, and supporters not just of its coin but also of its network.

I also have both. but with a different comparison. I have more ADA than ETH. because I missed the ETH train starting the pump, I decided to prefer ADA. and I have benefited this time.
the planning for ETH 2.0 is going to take a while. and in that time of development ETH may get a correction. if you want to invest in ETH, I think it will be better for the long term. at least until 2.0 is completely implemented.

[Coyster]

I can't state categorically that ADA and and other supposedly eth competitors will dump just cause eth is launching eth 2.0, if they are going to dump, it'll most prolly be due to some other reasons with their ecosystem, but what's pretty certain is that eth is going to continually do better than them, alluring more investors with it's community of investors expanding.

Eth 2.0 is yet to be out, but eth is still doing so many good things on the alt network, eth doesn't even need 2.0 to be better than other competitors, but what eth 2.0 is going to do for the network is give it more hype, more investors and a pretty high price, all these could make eth go so far ahead of other coins in the altcoin market and they'll struggle to catch up.

[shinratensei_]

ADA will not get any impact on the implementation of POS to the ethereum and it will make its users that already exodus to the BSC and AVAX come back again to use ethereum. I rarely seen that ethereum users that migrate to the ADA consider it's not compliant with ethereum address and it's different than AVAX, BSC or RSK that compliant with ethereum address.
You can connect your ethereum address to another mainnet. Just know if this will become the main point.

[Silberman]

Maybe, the main reason why people switching over another blockchain was the gas price if it gets resolved people would just go back to using ERC20 etc because they are used to it.
But, I doubt those ETH competitiors gonna get dumped so hard, maybe those coins gonna just lose small fraction of price and trading volume but I think they gonna be fine, after all it's better to get all the defis and tokens distributed to many blockchains so it's not too centralized in ETH blockchain.

It is unlikely, all the projects that have decided to move to another network are probably not going to ever go back as it will be a complete pain to do it, what it could happen is that the interest of new projects on coming above the ethereum network could increase, but it is not going to be something that happens immediately, after all there is a lot of dissension, it seems the miners do not like this upgrade at all and they could challenge it with one of their own.

[Bttzed03]

By the time ETH2.0 will be launched (who knows when), people would have gotten used to the other blockchains with smart contracts, DEFI, NFT, POS and other features offered by Ethereum. Plus, there is that bridge that makes it easy for projects to switch between blockchains. We can use BSC and Polygon as an example of that. They're both gaining massive volume and there was even a time when BSC exceeded Ethereum's daily volume.

So will Ethereum fanatics/supporters dump competitors? Not after they've gotten used to it and enjoyed cheaper fees.

[tbterryboy]

Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

Ethereum is already beating them with way too much gap. But ADA has been doing great sitting at the fourth position and followed by the next competitor at the sixth position which is Polkadot. Most of these coins were created to correct what a lot of people don’t like about Ethereum, but as usual the first is always being the first and that seems like it’s not going to change.

And it seems to me like a lot of people are waiting for the ETH 2.0 to be released, the way I have been seeing it trend, and when that happens a lot of them are definitely going there. But that doesn’t mean that it’s the end for the other coins like ADA and Polkadot, they are still going to be there and nothing will happen to them, no matter the position they stands at.

[DoublerHunter]

^ They are both good investments at all but for now, we can't blame people switching into other networks just because of the high fee, small traders are trying to cut this kind of loss while you are in trading. And the most anticipated moments of ETH when there is official v2.0 will officially launch and traders hoping that it will good for them to save the fees. Nevertheless, regarding ADA we cant speculate but probably it will remain stable. Because for now, traders and small investors has been enjoyed the BSC's projects, they making a lot of profit there.

[Fredomago]

^ They are both good investments at all but for now, we can't blame people switching into other networks just because of the high fee, small traders are trying to cut this kind of loss while you are in trading.

Yes, if there's an open opportuniies who will not run and grab it, for the meantime traders are really looking for alternative
as ERC based tokens do have a annoying transaction fees.

And the most anticipated moments of ETH when there is official v2.0 will officially launch and traders hoping that it will good for them to save the fees.

Most are anticipating that after this update good news will show up in favor of those who wait and patiently keep their assets.

Nevertheless, regarding ADA we cant speculate but probably it will remain stable. Because for now, traders and small investors has been enjoyed the BSC's projects, they making a lot of profit there.

ADA shows that each coin that have good usages will soon recieve interest from different types of investors.