Comparison website Finder.com‘s latest Cardano ($ADA) price prediction report contains forecasts for the end of 2022, 2025, and 2030, which are based on forecasts provided by 17 members of a 33-member panel of FinTech specialists surveyed from 6 to 17 January 2022.
Finder.com’s “Cardano price prediction 2022” report, which was (at the time of writing) last updated on February 17, offered the following $ADA price predictions for the end of 2022, 2025, and 2030.
These were the members of their panel of FinTech experts:
Vanessa Harris, Chief Product Officer at Permission, who expects $ADA to reach nearly $3 by the end of this year, had this to say about Cardano:
“It is one of the few smart contract platforms that have placed security, correctness [and] decentralization at their core, backed by formal methods and peer-reviewed research. While this means Cardano moves more deliberately in the short term, long term this resilience should support adoption by nation-states and non-governmental organizations. We are already seeing this adoption happen in Ethiopia and Tanzania.“
Bilal Hammoud, President & CEO at National Digital Asset Exchange (NDAX), stated:
“ADA is one of the most underrated assets – as the smart contract and DeFi stabilise, we should see many projects migrate to it.“
When asked what had caused $ADA’s price drop since Cardano’s Alonzo upgrade, here were the responses provided by 24 members of the panel:
Earlier this month, Kraken released a 42-page highly impressive research report, which is titled “Cardano: A new generation in smart contract platform design”, was released a couple of days ago. After the introduction, the report examines Technology, Web3 Ecosystem, and Network Growth & Adoption.
Here are some key highlights from Kraken’s report:
- “Importantly, Cardano is very much a value-driven project, emphasizing community governance, academic peer-review, and the importance of high assurance programming.“
- “Cardano’s values have noticeably directed the project’s developments and design decisions, and as a result, the blockchain looks like it has been designed with the purpose and standards of providing decentralized, global, financial infrastructure rather than only focusing on providing a Web experience.“
- “With ambitious goals, Cardano recognizes the necessity for their infrastructure to run correctly the first time it runs. This is in contrast to a ‘launch now, fix as we go’ philosophy employed by many Silicon Valley development teams.“
- ““ronically, despite the ‘Ethereum Killer’ label, Cardano is actually far more reminiscent of Bitcoin, particularly with respect to its tokenomics, consensus protocol, and accounting style.“
- “Cardano’s design is fundamentally unique among most of its peers particularly as its design closely reflects a PoS-based, smart contract-enabled version of Bitcoin, due to the design of its base protocol and accounting model, rather than an iteration on Ethereum.“
- “… Cardano adopted Haskell in an effort to build a product with unmatched advantages in reliability and security and to position itself as a viable solution for institutional-grade, global financial infrastructure.“
- “Cardano saw a massive uptick in adoption starting late 2020 and throughout the course of 2021… Cardano underwent exponential growth in nearly every adoption metric listed, both on-chain and off-chain. There are now nearly 3 million wallets (1348% annual growth) on the network and over I million delegated wallets (870% annual growth).“
Disclaimer
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