#CardanoDebate
Igniting discussions! 🔥🔍
Is Cardano (ADA) still a project worth trusting? Or has it lost momentum against competitors like Solana and Avalanche? 🤔
Do you see Cardano making a strong comeback based on market performance and forecasts?
- *Price Predictions*: Analysts expect the price of ADA to reach between $3 and $10 if the roadmap succeeds and community support remains strong. There are also predictions of a potential rise to $15 based on historical trends.
- *Accumulation and Whale Activity*: Whales have accumulated over 420 million ADA coins in recent months, indicating growing confidence and the potential for upward momentum.
Community and Governance
- *Constitutional Governance*: Cardano has ratified its first official constitution, thereby establishing a new governance framework with an approval rate of 85%.
- *Funding and Treasury*: Charles Hoskinson proposed to re-launch the $100 million ADA treasury to stabilize the Cardano ecosystem, sparking controversy within the community.
Technical Developments
- *Scalability and Interoperability*: Upcoming developments in Cardano focus on scalability, ease of use, utility, and interoperability, with upgrades like Leios and Hydra aiming to improve network efficiency.
- *AI Integration*: The integration of artificial intelligence in Cardano is promising, but its success depends on the full deployment of the Midnight network, which could enable the creation of AI-powered smart contracts¹.
💬 Share your opinion 👇