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

[CryptopreneurBrainboss]

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.

Both Ethereum and Ada has big potential but I'll have to give it to Ada as the chances of cashing out big is on the side of Ada. If I'm not mistaken, they just got listed on coinbase which is huge and could skyrocket the price to new all time high of double figures.

Coinbase has the volume and with the right marketing, Ada could be trading above $10 or close in couple of months or years time. Let's not forget this is the same coin that was trading in cents few months back. There's lot of potential in the project.

Ethereum has more attention though due to its upgraded version launching soon but it'll required more funds (huge capital) to profit excessively from the success of the launch.

[sadewa69]

If Ethereum 2.0 comes out then Gas problem in Eth network is solved then people will back into Eth because lot of Projects are using Eth network.New Network like ADA and others will not occupy market ,it takes so many time.

what do you mean by new networks like ADA?
And you need to know that the ethereum gas fee issue will be resolved this year. There is no need to wait until 2023 when the plan for the new ethereum 2.0 update will be completed.
no one needs to be killed. The current trading in the ethereum chain is still busy even though several projects have switched to the binance smart chain.

[randegibran]

When bitcoin success pass $60,000 I think almost altcoin will have chance for growing up and ADA keep fprward position touch on higher price, but many time when bitcoin have higher price ADA failed to reach on higher price with many people early to sell ADA togetjer and make price suddenly dump.

[doomloop]

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?

Cardano (ADA) is a good investment and the price has been going for long now, just check the chart ,it has even increased more today. ADA is one of those so called Ethereum killers that are popping out these days, just like that Polkadot, and it has been offering developers more functionalities than Ethereum (as they say), and apart from being a smart contract it is also being a store of value just like Bitcoin.

So, it has many things that it is doing and it’s also a very popular coin, though Ethereum still holds a better position, but it has able to get the a better position on Coinmarketcap list. But, we need to wait and watch what future got to unfold for all of us.

[randegibran]

I will be watcher only with ADA coin price now, I think have over price now and not worth for reinvesting again looking last year ADA under $0.2 and now have raise more than $1,2. But if you believe ADA will break more than $4 you can invest but I am waiting only and try to invest if ADA back under $1.

[Billo_]

ADA Cardano coins seems to be very overhyped right now. ADA was developing for almost 4 years and could not manage to add basic Ethereum functions to launch tokens on Cardano. It's getting always delayed and devs are just talking and promising. But no results.
For a not fully functional project, Cardano price is way too high. For comparison, Avalanche, where allmost all Ethereum functions are already fully implemented, has a much lower price because Avalanche is very unknown and Cardano has a much higher price because it's hyped.

For ETH 2.0 I don't know when devs will be ready but right now, Ethereum is working. It's just very high fees at Ethereum.

[lobo13hf]

When bitcoin success pass $60,000 I think almost altcoin will have chance for growing up and ADA keep fprward position touch on higher price, but many time when bitcoin have higher price ADA failed to reach on higher price with many people early to sell ADA togetjer and make price suddenly dump.

Bitcoin is almost touching 60k rate and then ADA will be following bitcoin after bitcoin already done with its pump. When bitcoin goes stable and then ADA will try to gain the FOMO from the bitcoin traders who have been moving to the altcoins to get another profit again.

I think that ADA holders will never sell their ADA consider this coin is having a very bright future.
ADA is growing steadily and just like another potential coin in the same tier like DOT and BNB.

Why do people sell their ADA if it can grow even higher?

[thecodebear]

I don't think other smart contract platforms will get dumped, but I do expect whenever Eth2 launches (fully operational - phase 2 or whatever) that'll cement it as the dominant smart contract platform.

I think this transition period plays into the hands of other smart contract platforms. I'm sure ADA will benefit from Eth having super high fees this year and next year, and I don't think it'll dump when Eth2 is fully online, but I think these other platforms need to make the most of this transition period to get as good a place in the market as they possibly can before Eth2 is ready. Basically these other platforms have maybe two years now (possibly less) to capture a piece of the market from Eth. Those that don't manage to capture much market before Eth2 will wither. Those that do should be able to maintain some market share once Eth2 is out. I bought some ADA this year because the long transition to Eth2 I think will allow it to capture a small piece of the smart contract market. I believe Dot will as well. And other platforms might carve out smaller niches. But I expect Eth2 will allow Ethereum to continue to be the dominant platform.

[slaman29]

I don't think other smart contract platforms will get dumped, but I do expect whenever Eth2 launches (fully operational - phase 2 or whatever) that'll cement it as the dominant smart contract platform.

I think this transition period plays into the hands of other smart contract platforms. I'm sure ADA will benefit from Eth having super high fees this year and next year, and I don't think it'll dump when Eth2 is fully online, but I think these other platforms need to make the most of this transition period to get as good a place in the market as they possibly can before Eth2 is ready. Basically these other platforms have maybe two years now (possibly less) to capture a piece of the market from Eth. Those that don't manage to capture much market before Eth2 will wither. Those that do should be able to maintain some market share once Eth2 is out. I bought some ADA this year because the long transition to Eth2 I think will allow it to capture a small piece of the smart contract market. I believe Dot will as well. And other platforms might carve out smaller niches. But I expect Eth2 will allow Ethereum to continue to be the dominant platform.

Yeah I don't think there's anyone left on TRX or EOS or NEO or whatever who hasn't left yet to another platform, ETH 2.0 won't get new people going to it from the competitor platforms. But it will definitely increase demand (and so price) for ETH itself.

The new ones like BSC and Polka might get some outflows back to ETH though.

[int03h]

I have not seen a cryptocurrency generated by ADA smart contract and have not heard of smart contract implementation on ADA.
ADA is not able to compete in the long term with ETH as it is not capable of creating ecosystems like ETH.
It takes a long time to see the crypto markets work, so maybe let's keep both ETH and ADA.

[geegaw]

I have not seen a cryptocurrency generated by ADA smart contract and have not heard of smart contract implementation on ADA.
ADA is not able to compete in the long term with ETH as it is not capable of creating ecosystems like ETH.
It takes a long time to see the crypto markets work, so maybe let's keep both ETH and ADA.

ADA is relatively quiet and keeps their relationships and contracts confidential, that makes them unable to impress the crypto community and their value will suffer a lot, if they truly provide valuable information, everything could change and they could compete with ethereum. However, as far as I know they have no official announcement yet while ethereum is on the verge of their latest release, as soon as this release is successful, competitors such as ADA will run out of opportunities, appreciate focusing capital on ethereum rather than ditching a bit on ADA

[Fredomago]

I don't think other smart contract platforms will get dumped, but I do expect whenever Eth2 launches (fully operational - phase 2 or whatever) that'll cement it as the dominant smart contract platform.

I think this transition period plays into the hands of other smart contract platforms. I'm sure ADA will benefit from Eth having super high fees this year and next year, and I don't think it'll dump when Eth2 is fully online, but I think these other platforms need to make the most of this transition period to get as good a place in the market as they possibly can before Eth2 is ready. Basically these other platforms have maybe two years now (possibly less) to capture a piece of the market from Eth. Those that don't manage to capture much market before Eth2 will wither. Those that do should be able to maintain some market share once Eth2 is out. I bought some ADA this year because the long transition to Eth2 I think will allow it to capture a small piece of the smart contract market. I believe Dot will as well. And other platforms might carve out smaller niches. But I expect Eth2 will allow Ethereum to continue to be the dominant platform.

Yeah I don't think there's anyone left on TRX or EOS or NEO or whatever who hasn't left yet to another platform, ETH 2.0 won't get new people going to it from the competitor platforms. But it will definitely increase demand (and so price) for ETH itself.

The new ones like BSC and Polka might get some outflows back to ETH though.

Depends from how developers will engaged with those alternative chain, the fact that ETH update might resolve the problem
with transaction fees,

Those developers who jumped out might think back and again use the  ERC chain, it will bring those old support plus those
new developers to use the system.

We will see what will happen after the update.

[MishaSER]

I very often see such topics, you know what interests me more, where can I see tokens in the ADA blockchain. If there is an account where you can register and see all the functionality?

[sayaya17]

ADA already provides many advantages in this bullrun period for those who keep it, especially when one saves ADA from the cheap price.
Many smart contract platforms compete with Ethereum and so far have worked well. For example BSC. But I hope they can compete healthily and still have a high volume in the exchange, because they are a very potential platform and have a serious goal and want to solve problems that will be the best solution for the crypto industry.

[donatello345]

Ethereum is the most popular platform for creating smart contracts, and it will remain so, it seems to me.

At the moment, in Ethereum, you need to solve the problem with such a network load in order to lower the commission and then everything will be fine!

[randegibran]

ADA already provides many advantages in this bullrun period for those who keep it, especially when one saves ADA from the cheap price.
Many smart contract platforms compete with Ethereum and so far have worked well. For example BSC. But I hope they can compete healthily and still have a high volume in the exchange, because they are a very potential platform and have a serious goal and want to solve problems that will be the best solution for the crypto industry.

Although Ethereum have higher feea transaction I think many project od ICO and IEO still believe with ethereum platform creating coin, maybe the power and support with ethereum platform make many ICO and IEO project more easy to get investor and coin become lovely and raise to higher price.

[kevinzxz]

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?

everything will remain stable, because I think ETH 2.0 will only affect the price of Ethereum, because if the gas fees from Ethereum become cheap and the transaction is faster, then I believe the price of Ethereum will increase very high, but the price of ADA and other competitors will remain the same, it's just that maybe people will start to investing in Ethereum again and make the price of ADA or other competitors difficult to increase very high again.

[Genemind]

ADA is a good project that is why it is considered as one of the best competitors of ETH. If ETH 2.0 gets released ADA will remain stable since it will only lessen ERC-20 transactions. ADA same as ETH is already established and ETH 2.0 can help ETH increase its price. We will see all the inpact of it once 2.0 meets people's expectations.

[makishart]

at the moment, in Ethereum, you need to solve the problem with such a network load in order to lower the commission and then everything will be fine!

Be patient because the implementation of solution on the fully decentralized network is not easy and it may take a year to be done.
BTW with the new implementation and the fees can be limited.
Basically, this is the problem that was preventing ethereum to get massive adoption. This time ether is growing up again.
EIP 1559 has become the solution but it's not yet approved by the miners. There must be an alternative way. As users and we can only see the progress

[TastyChillySauce00]

eth has surpassed many of its competitors even as it stands. When we look at cryptocurrencies today, we see that most of them are still eth-based. This shows what a demand for eth. When Eth 2.0 comes out, I think that most of the investors who turn to different crypto currencies will return. Moreover, even those who use alternatives now have to use eth if they want to make money.

yes, but ADA is a kind of good and solid altcoins project with great features inside the project buddy
so, in my opinion, even ETH 2.0 comes out, the price of ADA and other eth competitors with good marketcap will remain stable

I don't think it's solid enough to remain stable if ETH 2.0 comes out seeing that both ADA and BNB trying to overtake each other, not to mention that huge portion of ETH projects moving over to BSC. If those projects that already migrated are to move back to ETH blockchain then big chance it's gonna shake BNB and ADA though will get less harmful impact from the release of ETH 2.0 still affected regardless. ADA's foundation in market is not that strong IMO.