How can Cardano achieve $ 5 ?

[timerland]

I think that at the end of the day, the ADA network is probably going to be subject to similar issues if adoption actually picks up.

ETH2.0 holds a lot of potential and could shut down this narrative that ADA will flip ETH as a matter of time.

I would definitely hold Cardano as a hedge in case ETH gas fees stays high, but $5 seems out of the question for now given the bear market is looming.

[goku19]

I think that at the end of the day, the ADA network is probably going to be subject to similar issues if adoption actually picks up.

ETH2.0 holds a lot of potential and could shut down this narrative that ADA will flip ETH as a matter of time.

I would definitely hold Cardano as a hedge in case ETH gas fees stays high, but $5 seems out of the question for now given the bear market is looming.

Yes if ETH gas fee stays high then holding Cardano would be a good choise, well holding cardano in any way is a good choise but 5$ is very far now and i dont think its gonna reach there any time soon.

[michellee]

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? 

If the target price for Cardano is $5 in the short term, that can happen as we know how good Cardano has moved so far. So it is not too difficult for Cardano to reach $5 but that will depend on bitcoin price moves.

But I doubt Cardano can replace the Ethereum position because Cardano offers a small gas fee. After all, Ethereum is still the favorite of people and investors. But if that is long-term for the Cardano project, I think that will be possible because everything can happen in the future. So far, we can wait for Cardano to reach $5 first and then reaching the next high target price and that could be at $10.

[RussianEnglishTranslation]

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? 

Cardano isn't going to make it. If you compare it to something like NEAR protocol, it doesn't hold a flame to it. Ref Finance has 2 second transaction finality and 8k TPS. The AMM also has yield farming and is constantly adding new features. AMMs on Cardano can only do 1 TPS and farming isn't live. The estimated TPS for normal transactions on Cardano is 45 TPS, that's barely faster than Ethereum. I see no advantages to using Cardano even over Ethereum.

[DOH!]

Technologically cardano is a very weak project and now there is no fuel for further growth. Development is going on for a very long time and it is definitely not worth expecting that soon everything will be different the price is likely to go for 1 dollar rather than 5.

I disagree with this statement. In fact, ADA hasn't touched 5$ yet but the big reason I suspect is that they arrived later than the defi party in March. While they just upgraded the Smart contract on the mainnet Alonzo( 12th 9). it's called a programmable validator (as Benkort explains). In fact, ADA is up over 1700% since January up to its latest ATH. Among the altcoins that might stand out this year, I think ADA is part of them. If defi 2.0 comes back in the near future, surely ADA is ready to topple the $5 mark

[zulfi125]

Cardano's price will reach above $5 by the end of 2021 because more projects will be launched in Cardano and the usage of Cardano will be increased but ETH will be no.2 and gas fees will low than ETH.

[Cryptosimar]

Before Cardano, maybe Solana would have been more proper to supplant Ethereum as far as GAS charges and with their genuinely fruitful venture building Solana to a level that was considerably more seen by huge financial backers. I saw after ADA made its own organization thus far no critical improvement has been found in the period in the wake of opening. Indeed, the cost is very a long way from the cost before they dispatched the private organization. In the interim, Solana is now in front of ADA as far as improvement.

[livingfree]

Don't think about replacements. If you're goal is just to see it at a certain price like $5. Then, it only has to go more little of its half than it is today.

Ethereum is still superior and if there's another one that will replace, it won't be cardano.

ETH is still the top, this is the reality and even if ADA hits $5 it wont still replace ETH. We need to hear good updates, a strong one for Cardano to reach such price and it may take time for sure. Also, if there’s no bull market we can’t have that one even a strong project can’t go that much if we’re on a bear trend.

And that one that I'm talking, it's also far from replacing it.

People should just stop thinking about replacements in rankings and just look at the development of each of them. Because in the end, it's the one that will determine how valuable the coin is.

If they have a commendable development and that will also lift them in ranks.

[Rahman11]

Will ADA reach 5 or $10? In terms of market position, Cardano has had a growth rate of over +665.2% in the past year. If this trend continues, there is a big chance that Cardano can reach the bullish price of $10.

[traderethereum]

Cardano's price will reach above $5 by the end of 2021 because more projects will be launched in Cardano and the usage of Cardano will be increased but ETH will be no.2 and gas fees will low than ETH.

If, in the next month, bitcoin can have a rally to $50k, Cardano can have a chance to lift the price to $5 as the price can reach $2 and still stay at the current price.
But if the bitcoin price does not increase to that price, it seems Cardano needs to wait for more to lift the price.
The key for the altcoin is if bitcoin can have good movements in the rest of this year, the altcoin will have those chances.
Otherwise, the altcoin will stick at a price now and will not increase so high, which I do not think that the crypto market will not grow again in the next month.

[masterrex]

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price is $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? 

The truth is all of that so-called predictions are just mere speculation because no one knows what happens next, that's why it will remain as a guess, so let's put it that way.

Is it possible for Cardano to replace Ethereum? IMHO, I think that's not possible yet although Ethereum has some issues today regarding the expensive transaction fees, But it doesn't mean they can easily overturn the original smart contract provider. And let us also consider the fact that Cardano has several competitors in the market and I think that was not an easy task for Cardano to handle.   

[hugeblack]

Perhaps if they succeed in creating smart contracts that are well managed and fast with low fees they may offer something new.
Don't forget that they are not the only competitor for Ether even with higher fees, people who will stop using Ether network does not mean they will use Cardano blockchain.

Therefore, reaching $5 is difficult and depends on the quality of the updates that will be launched in the coming months and the weakness of competitors.

for me if it reach $5 i will sell it.

[pergola]

First, Bitcoin continues to appreciate to $100k and domain BTC.D doesn't go above 50.
That is the ideal level for all altcoins to rally, not just Cardano. Cardano's smart contract launched and nothing changed too much in price. So only the above option is reasonable.

[GatotKaca]

First, Bitcoin continues to appreciate to $100k and domain BTC.D doesn't go above 50.
That is the ideal level for all altcoins to rally, not just Cardano. Cardano's smart contract launched and nothing changed too much in price. So only the above option is reasonable.

it will surely await the moment when the adoption of the Cardano blockchain explodes. and that situation might be like SOL and BSC.
if the adoption doesn't happen, then ADA might have a hard time even getting to $5. developers seem to have to work harder to make a major update.

[pergola]

First, Bitcoin continues to appreciate to $100k and domain BTC.D doesn't go above 50.
That is the ideal level for all altcoins to rally, not just Cardano. Cardano's smart contract launched and nothing changed too much in price. So only the above option is reasonable.

it will surely await the moment when the adoption of the Cardano blockchain explodes. and that situation might be like SOL and BSC.
if the adoption doesn't happen, then ADA might have a hard time even getting to $5. developers seem to have to work harder to make a major update.

LOL. Cardano has been overvalued, more than 100x, since the beginning of 2021. The ability to increase the price of this project will also be difficult, but at $5 is acceptable.
Cardano is still very new and has not yet created any user access to the project's ecosystem. The smart contract they call 'code on chain' has just launched and to have a real product will take time to create.

[sayam]

There is no denying that the future of Cardano is very bright. Exceeding the 5 $ mark is not a big deal, if all goes well, I think Cardano will cross the 5 $ mark by the end of this year. But no matter how bright the future, I don't think Cardano will ever be able to replace Ethereum.

[Ekyfitri]

There is no denying that the future of Cardano is very bright. Exceeding the 5 $ mark is not a big deal, if all goes well, I think Cardano will cross the 5 $ mark by the end of this year. But no matter how bright the future, I don't think Cardano will ever be able to replace Ethereum.

do you mean smoothly is an update that is being run by the Cardano developers?
This progress will surely be seen in the long run. even for the end of this year, I'm not sure all will be ready to bring the ADA to $5. it also depends on the potential of market support in the next year. if all doesn't go as expected, I think the ADA will have a really hard time getting their big adoption.

[SyndicateLabs]

I don't know what to tell you but $5 is not a very difficult goal for ADA,
they are changing a lot more than before although it can't say much but ADA has always shown that they are one of the potential platforms because basically we haven't seen much with it. expectation. I think maybe in the future when they make a lot of plans to build and develop the ecosystem and it will drive the price of ADA up.

[zasad@]

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees? 

I don't think Cardano will be able to replace any of the competitors, because they are very far behind the competition.
On the hype, the price of the coin has grown well, but you do not need to burden yourself with hopes that the crypto market will continue to grow.
In the next bull cycle, there may be such a price, but now it is very reckless to buy this coin.

[Ararbermas]

The Cardano price is forecasted to reach $2.89801 by the beginning of October 2021. The expected maximum price is $3.62251, minimum price $2.46331. The Cardano price prediction for the end of the month is $2.89801, after the Alonzo Fork. But what will make it achieve $ 5 and when will it happen? Will Cardano position itself to replace Ethereum and tackle the issue of huge gas fees?  

although there's an issue with cardano perhaps it cannot stop the project to make good improvement in the future, and yes many analyst saying cardano will bump more before this year end and i agree with them, it's just the bearish take over the market reasons it goes dip as well along with other alts after the fork, but so far at this point it still keep regaining , and in fact it's now listed in CMC as a trending coin despite of the current situation. so expect after days or weeks there will be an improvement again.