ADA to be next MATIC

[MrDave]

Well, we are seeing what is MATIC doing in the crypto market these days. Do you guys think ADA can also do that in the coming days?

[Bttzed03]

~ Do you guys think ADA can also do that in the coming days?

What are we talking about here? Is it just the price or the number of projects built on each blockchain? Both are currently moving upwards.

Anyway, when talking about long-term, answers to both questions are still related to each other. Last time I checked, Cardano is not short of teams wanting to launch their own platforms there. Cardano developers are also not slacking of with the recent successful launch of Vasil upgrade on testnet. The upgrade is supposed to improve the network's scalaility.

Having said that, I think it's only a matter of time before ADA explodes like Matic or Sol. If you decide, you just have to be more patient with this coin. While waiting for the next major pump, you can also try to stake it in your cold wallet or in platforms like mycointainer.com

[crypto-project]

Compared to ADA, developers prefer to use Matic because it is based on Ethereum and is already used by many dApps globally, so it seems quite difficult for ADA to become the "next Matic". But that doesn't mean there is no opportunity for ADA, because ADA is one of the potential chains in the crypto market and it might beat MATIC's popularity, nothing is impossible.

[o48o]

Well, we are seeing what is MATIC doing in the crypto market these days. Do you guys think ADA can also do that in the coming days?

Perhaps if ada had any adoption, but i can't see it happening any time soon. Eth is already being adopted and being developed on. Layer2 projects/sidechains on it are the things that get picked up by market buyers for a good reason.

[Jackl87]

Well, we are seeing what is MATIC doing in the crypto market these days. Do you guys think ADA can also do that in the coming days?

I don't really understand. I mean MATIC is "just" a layer for Ethereum, which is great no doubt because using polygon you can save a lot of money on transaction costs. Maybe that is not as important at the moment as the gas price of Ethereum is also relatively low right now with only 15 Gwei but once we are seeing big market movements again i am sure this number will very fast go up to 100 Gwei and even way more.
Cardano (ADA) on the other side is it's own chain and it already is a bigger project than Polygon in terms of the market cap, so i don't really know what ADA should do in the coming days that Polygon already did? ADA had it's price peak when the news about the smart contracts came. We are still ways off that price range.

[inanilujimi]

ADA already existed before matic, and the market capacity on ADA is much bigger than matic. so what is being talked about here maybe about the price?
if for the price maybe ADA will follow the movement of bitcoin and the current market. so just wait for the market to recover because everything in matic has been adopted first by ADA.

[TastyChillySauce00]

Do you guys think ADA can also do that in the coming days?

Why not? ada is having the same potential as matic and i just remind you that if ada was based on its blockchain unlike matic which was the second layer solution but ada was the first layer solution for its users. The update that has come to ada is very impressive and the ecosystem is growing so fast just like what solana did in the past. So, thinking about ada will not have the same patter like what matic done is pessimistic. The major coin like ada has so many whales and supporters.
It can go back again to go up once the bullish market will be coming soon. The fact that if crypto looks liks going back to the bullish pattern again.

[el kaka22]

These are basically close projects to each other, why have a "next" of something that is standing next to each other? Makes no sense to me at all. I mean sure there could be a potential that Matic could one day reach to third place if it does too well, or gets hyped during a bull market, but having a consistent increase is better than having one big hype and then going down.

Look at ADA, it became third biggest coin in ranking for a while, then it dropped so much. I rather have coins keep their place and go up decently instead of all of this. In the end, we are not going to see anything marginal here, it's going to be two of these going hand to hand close ot each other and not one bigger than the other too much.

[RussiaUkraineTranslation]

I don't think ADA can compete with Polygon and I think that Polygon will eventually surpass ETH in market cap. Projects bridged or deployed on Polygon are also going to be able to ride the wave up and will do really well. Projects like Quick, MAXX, and Qi, the major DApps on that chain.

[dlightag]

The cryptocurrency market is gradually coming back from bear that we are experiencing for some months back, which any moment from now, bull run may take place, having said that, Cardano (ADA) Coin, can not compare to Polygon matic, because they are developed in difference purpose in the ecosystem, comparing the both in times of price value, is good to invest for a long time holding.

[Fara Chan]

For the near future I think this cannot happen, unless they have a strong adoption for future development, people need strong reasons for trusting existing projects, especially market conditions that are in bad condition, but in any crypto can happen beyond people's predictions , but in the near future I think it will be quite difficult, the achievement of this coin is not in the right condition in the market, which is caused by a decrease in price before it

[cabron]

Matic jumps because of their partnership with Disney as far as I know. For ADA, there is nothing to it but Charles' shilling though. We might just have to wait for the update by the end of July if the fork really can do what its purpose. It did made 26.04% spike though that is at least a big pump still  from $0.43.

For the near future I think this cannot happen, unless they have a strong adoption for future development, people need strong reasons for trusting existing projects, especially market conditions that are in bad condition, but in any crypto can happen beyond people's predictions , but in the near future I think it will be quite difficult, the achievement of this coin is not in the right condition in the market, which is caused by a decrease in price before it

So far there is no adoption for it yet. I  believe I have followed the development since I have subscribed to IOHK updates. There were nothing yet to make it.

[passwordnow]

Well, we are seeing what is MATIC doing in the crypto market these days. Do you guys think ADA can also do that in the coming days?

Possible in every cryptocurrency that we see some unexpected pumps and just like what happened to Matic, it can also happen for ADA. But unsure if it's going to happen as what you're asking in the next few days. I hold a little amount of ADA and it's like an experiment and I would not benefit a lot if I profit. There has to be a big reason for it to pump just like Matic the last few days but don't overjoy when you see that because you know what's next every pump that happens.

[Baofeng]

ADA already existed before matic, and the market capacity on ADA is much bigger than matic. so what is being talked about here maybe about the price?
if for the price maybe ADA will follow the movement of bitcoin and the current market. so just wait for the market to recover because everything in matic has been adopted first by ADA.

Yes, I was about to say this, ADA is one of the prime movers, has been in the market for so long now, so I don't understand the comparison by the OP to be the next Matic?

And there have been a lot of development from ADA's infancy and Chris is really very active in the community. So for me, each own of them has it's own strength, whether running on ETH or having their own mainnet.

[zonefloor]

ADA has been on this market for years. It was in this market even before matic. It had a very good reaction when it first came out. But what happened later happened and ADA could not recover itself. Even in this past bull period, it could not give the expected reaction. Matic, on the other hand, has made himself accepted in the crypto money industry in a very short time and has been able to do very successful work. This is why you might have said that Matic would be the next ADA. But if you say that a previously released project will be matic, it would be nonsense in my opinion.

[Hypnosis00]

Well, we are seeing what is MATIC doing in the crypto market these days. Do you guys think ADA can also do that in the coming days?

NO, and in the first place, it is impossible as they are different platforms. We couldn't compare a project to one another especially if they are coming from a different platform as no matter what we do, it can never happen that they will work together and grow the same. Prices aren't the basis of it and it eventually changes from time to time depending on the market situation.

I have some ADA before but I was hopeless then after having huge losses, a reason why I don't trust this project especially this time.

[wheelz1200]

Well, we are seeing what is MATIC doing in the crypto market these days. Do you guys think ADA can also do that in the coming days?

I mean are you really looking for a short term answer to this?  No one has a crypto crystal ball trust me especially with alts.  Sometimes things push higher or lower with no rhyme or reason.  Overall I think the market still has some slide in it for sure so I would saw nah ada won't get the pump matic just seen.

[Fara Chan]

Matic jumps because of their partnership with Disney as far as I know. For ADA, there is nothing to it but Charles' shilling though. We might just have to wait for the update by the end of July if the fork really can do what its purpose. It did made 26.04% spike though that is at least a big pump still  from $0.43.

At least this is more promising, with a small leap against their journey from the correction period, the partnership they have is something that is necessary, because this will be determined the next leap will be at what price

So far there is no adoption for it yet. I  believe I have followed the development since I have subscribed to IOHK updates. There were nothing yet to make it.

It can be concluded that in the future this will be more difficult, there is no adoption that can increase the coin, as far as I know this will experience discretion to development, which in the end they are only determined by time

[zasad@]

Well, we are seeing what is MATIC doing in the crypto market these days. Do you guys think ADA can also do that in the coming days?

Everything is great in the matic ecosystem, and it will develop rapidly
https://app.intotheblock.com/coin/MATIC
https://dappradar.com/rankings/protocol/polygon
and look at the situation with Cardano
https://cardanocrowd.com/dapps
Ethereum Ecosystem with L 2 Solutions Wins

[Questat]

Well, we are seeing what is MATIC doing in the crypto market these days. Do you guys think ADA can also do that in the coming days?

I hope Matic does good by now, it was interesting to see it grow despite the current condition but when it talks about ADA, that gonna be uncertain. Even before, during the bear season, I'd never find ADA making such an overwhelming trend but it regularly follows Bitcoin, and even it gets worse.

Cardano Price Prediction: Upbeat Crypto Sentiment Plus Vasil Update to Send ADA to $0.69?
 source: https://finance.yahoo.com/news/cardano-price-prediction-upbeat-crypto-085458250.html?

But this gives me surprise, I'm not sure if this is a sort of manipulation or not.