Cardano Price Prediction: Can This Cryptocurrency Compete With Ethereum?

Although leading cryptocurrencies saw some price fluctuation in 2021, several of the most popular crypto coins have lately seen considerable bullish momentum. Cardano is now the talk of the town, with its ADA coin emerging as one of the best-performing crypto assets, due to a market surge, as well as upcoming listings on new exchanges and big feature rollouts.

Cardano rose from obscurity to become the world’s tenth-largest cryptocurrency by market value in just four years after its introduction by Charles Hoskinson in 2017.

In November 2020, it had a market cap of $3,3 billion and a price of $0.107182, making it one of the most cheap cryptos.

The price of Cardano is $2.2 at the time of writing this post, but it is subject to change. It may not be able to compete with Bitcoin’s high heights, which are now hovering around $53,929 (and are likely to alter in the future years), but this price still reflects a remarkable growth rate. Indeed, this increase aided ADA in achieving newfound prominence, with Cardano being the third largest cryptocurrency. With an all-time high of $98.91 billion, the Cardano platform fell short of its triple-digit target.

Cardano, which has surpassed competitors like as Litecoin and Ripple XRP, is now one of the most…