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Author Topic: Will Cardano overthrow Ethereum?  (Read 5178 times)
bussybuddy
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May 03, 2021, 03:22:10 AM
 #21

I don't know how people perceive it, but for me, don't take this one as a goal and stick to it to survive. As you can see, there are a lot of projects created with the sole purpose of surpassing Ethereum, but in retrospect, it is important to know that the platform Ethereum has built today is not able to topple the updates. The coming will make but this hope extinguish, this instinct in this market tells me that Ethereum is in too great a position compared to the rest.

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May 03, 2021, 03:29:15 AM
 #22

It is Difficult that cardano overtake Ethereum. Currently Ethereum touch 3k but cardano is going down.Even Xrp price is greater than Cardano. Cardano is a very slow project.Its price is not increasing for last few weeks but eth is moving from 1600 to 3000 within few weeks.Now this Discussion is in the market that Eth hit 10k first or BTc hit 100k.
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May 03, 2021, 04:05:57 AM
 #23

If Cardano wants to be an ETH killer, cardano needs a large number of good developers and projects that will work on their blockchain, the only thing that distinguishes the two at this time is the creation of smart contracts, as there have been many projects using ETH and over the years it has proven its strength with many competitors. who wants to take his place

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May 03, 2021, 04:42:11 AM
 #24

In my opinion it is impossible if Cardano will break the domination of the etherem, currently the price of the eth is the 4x higher than Cardano, therefore Cardano takes a long time and a very solid team, to be able to develop into a favorite altcoin, so that it can overtake ETH, of a course this is a big challenge for ADA, because ETH is already very strong in the crypto,

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May 03, 2021, 04:57:06 AM
 #25

There are too many of ETH killers in the world. None of them was succsefull. Bnb was the closest one.
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May 03, 2021, 05:13:25 AM
 #26

Market cap of Ethereum and Cardano are far from each other. So if ever Cardano reaches $12, the price of Ethereum will be higher than $3k by that time.


This actually have a sense. When compared to ETH, ADA has a far and lower trading volume. That only indicates that the progress of eth, even cardano surge up 50x will not gonna overthrow or surpass eth's capability and development.

I have also seen the great use of smart contracts of eth in crypto industry and most of the investors has a high belief on eth rather than ADA.
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May 03, 2021, 05:17:29 AM
 #27

Never lmao. The reason is just see BSC, trying so hard to overthrow ETH and despite binance modifying its blockchain to be rather centralized where they control all the nodes making the blockchain significantly faster than what eth has the BNB market cap still far below ETH by a lot about $250 million dollars more or less.
Now even cardano gets overtaken by XRP, a coin that many people hates easily and it's already enough reason why it could never overthrow ETH.

If ADA truly and the community behind it really want to overthrow ETH in term of market cap, try to get past usdt market cap's first since even though ADA has ever ranked at #3 by market cap it's just temporarily because the market still not really worth that much and mainly affected by temporary hype that cause the coin to pump  Grin Grin. that's exactly what the devs and the community should be thinking first  Grin Grin.

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May 03, 2021, 05:29:46 AM
 #28

it could have happened to ADA to $ 12 but it took a long time and larger volumes to reach such a high price it may take up to 5–10 years to reach a much higher price no one knows anything could happen if ADA had great and useful benefits for many it could be that the price could go up to more than that it could be to $100 get to the top one has to really work hard The CEO has to be creative and choose a step better than ethereum to be competitive and have great ambitions of course.
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May 03, 2021, 05:53:01 AM
 #29

In terms of technology, ADA is better than ETH. But in terms of development and community development, ETH is much better.
There is more ETH put into nodes, DEFI so the value of ETH will increase over time.
The new ADA and their smart contract are in beta. We will expect ADA to increase in value when the smart contract and DAPPs and DEFIs on this blockchain launch.
There will come a day when ADA catches ETH, I think it will take about 5 years to do so.
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May 03, 2021, 06:19:52 AM
 #30

Just let ADA to surpass BSC first before we will see it to compete with ethereum. BSC has been growing significantly due to the various products that available on the binance ecosystem.
Is not it too early to discuss about the possibility for ADA to surpass ethereum? I kinda feel doubt if that will happen in the future.
So many ethereum killlers but these ethereum killers got rekt while BSC rarely declare itself as ethereum killers. ADA is overvalued at this moment. I think that will not happen for sure.

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May 03, 2021, 06:29:25 AM
 #31

The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
Cardano is just a whitepaper
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May 03, 2021, 06:40:35 AM
 #32

At the moment, only talk about cardano and there is nothing that can be experienced as on the eth or other blockchain projects.
I wont be surprised if the price drops very much on the bear market more than 60%.
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May 03, 2021, 07:08:51 AM
 #33

The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
I disagree about the sentiment that cardano can overthrow ethereum knowing for a fact that the marketcap of ethereum is 8x the marketcap of cardano. Also, with regards to the problem of ethereum I think that the team and developers are really working hard to fix this issue. And for me ethereum will still be the king of altcoins.

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May 03, 2021, 02:31:34 PM
 #34

Cardano needs more time to compete with ethereum, even if Cardano is a good project because ethereum already has a big community and supports the projects. Besides that, if we compare the price, Cardano and ethereum have a big gap, making Cardano still behind ethereum. But we do not know what will happen in the future as all projects will have the same chance to become bigger and maybe Cardano deserves to reach the highest price.



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May 03, 2021, 02:58:53 PM
 #35

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?

It is highly possible that Cardano can overthrow Ethereum in terms of Market cap since Cardano has 388x more coins than ETH but I think it will take time.  But I don't think the market cap conveys the actual valuation of a coin or token since it is just a brainless calculation of the price times its total coins.

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May 03, 2021, 03:14:02 PM
 #36

The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
As the market develops, there is a possibility for the ADA to reach $12. But, according to your calculation, while  ADA gonna achieve a certain price, others do not have to move. Maybe something like this will happen over time, but keep in mind that the coin you are comparing is ETH. If ETH can also handle the fee issue, I believe it can easily overcome $5k then moon.
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May 03, 2021, 03:18:48 PM
 #37

I think it was on track to until Eth 2.0 started to actually come out "allegedly" now people are jumping on that.

If Eth development stayed stagnant, yeah I think ADA would have eventually taken over but Eth is breaking out.

ADA still has hope with the Africa project. If they get that in the bag, they might be doing their own thing in Africa. But so long as Eth actually successfully implements Eth 2.0 it's not going to be killed by ADA. ADA is a bit more risky considering if the Africa project fails, they're going to suffer from that. I dont see any issue with the project itself, rather, the governments in Africa changing their mind.
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May 03, 2021, 03:21:34 PM
 #38

For me. it is absolutely impossible, what are the factors that could overthrow ETH? eth always innovates services for their members. there are still many projects that have the opportunity to compete with ETH besides ADA
I agree with you, although for now ADA is very popular and the price has increased very high, but in my opinion ADA will never overthrow Ethereum, because Ethereum is more popular than ADA and I believed when ETH 2.0 was launched, then Ethereum will be more popular and of course the price of Ethereum will increase even higher than the current price, so it will be more difficult for ADA to overthrow Ethereum.
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May 03, 2021, 03:25:05 PM
 #39

The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
I disagree about the sentiment that cardano can overthrow ethereum knowing for a fact that the marketcap of ethereum is 8x the marketcap of cardano. Also, with regards to the problem of ethereum I think that the team and developers are really working hard to fix this issue. And for me ethereum will still be the king of altcoins.
Yes, I completely agree with what you say and it is certainly not that easy to overthrow ethereum,
indeed cardano is one of the potential coins but its level is still far from ethereum,
it is certain that the team will certainly not stand idle by. They will do something to solve the problem
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May 03, 2021, 03:25:39 PM
 #40

I never had a doubt on ETH until BNB came in, I'm sure most of the people in crypto community would agree with me. Binance brought what people wanted at this moment.. less fees, higher trust and more opportunities to get rewards by holding it.

But ETH is on the move now and it feels like it'll go to moon sooner or later, so my trust in eth is regaining..

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