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Cardano cryptocurrency is predicted to grow 10 times by 2030
The Cardano (ADA) cryptocurrency will end 2022 at $ 0.51, according to experts from the Finder analytical center. Paul Levy, a senior lecturer at the University of Brighton and a member of the Finder team, suggests that ADA will rise to $ 1.40 by 2025 and reach $ 5.37 in 2030.
Professor Iva Salami, co-director of the Center for Financial Technology at the University of East London, is more positive about the cryptocurrency’s rate, predicting that ADA will reach $ 0.80 in 2022. «The Cardano ecosystem has made significant progress recently. This is evidenced by the achievements of the blockchain firm Input Output Hong Kong (IOHK), which oversees the design, creation, and maintenance of the Cardano platform. This could have a positive impact on the ADA price, especially given that the general sentiment towards the entire cryptocurrency industry is currently mostly negative,» the analyst said
Justin Hartzman, CEO of CoinSmart, emphasized that the growth of the ADA price in September was partly due to the update of the Vasil hard fork and its listing on Robinhood. «The Vasil hard fork has made Cardano smart contracts scalable and affordable. This should encourage even more developers to work on the protocol code to improve its usability.»
Ruadhan Oh, founder of Seasonal Tokens, predicts: «Cardano will maintain its value as long as the Ethereum gas fee is high. The Merge will not affect gas fees, so Cardano will continue to be an attractive alternative.»
Recently, Cardano founder Charles Hoskinson said that cryptocurrencies can solve financial issues for Americans without the intervention of any financial institutions: «We want Cardano and cryptocurrencies in general to become the financial operating systems of the world. We need a regulatory regime that recognizes the very existence of cryptocurrencies, sees them as positive things, and values the freedom they give people.»
At the time of writing, the Cardano cryptocurrency (ADA) is trading at $ 0.36, which is 2.3% higher than the previous day. The market capitalization of the digital asset is $ 12.621 billion.