$ADA As developers migrate between blockchains, Ethereum and Cardano may struggle to keep their core developer communities active. Stephen Flanders argues that the exodus of blockchain developers is a natural consequence of speculative excesses in the crypto sector. He highlights that many developers were drawn to blockchain during the 2021-2022 bull market, but interest waned as speculative projects underperformed and funding shifted to other sectors, particularly AI.

Other analysts maintain a more optimistic outlook. Developer Binji Pande attributes developer decline to an overemphasis on hype-driven projects rather than meaningful, value-adding solutions, making it less rewarding for developers to contribute. To reverse this trend, he suggests focusing on building real-world applications that solve user problems, which could attract more developers and ensure long-term growth.

What Is ADA’s Price Outlook?

ADA is trading around $0.81, reflecting a 50% decline from its December 2024 peak.

Despite the decline, predictions for 2025 vary. Some expect ADA to trade between $0.66 and $1.88, while bullish scenarios target up to $2.36. These forecasts hinge on variable factors like increased adoption and positive market sentiment. Cardano’s future growth depends on its ability to fully deploy its smart contract ecosystem and attract users for its decentralized applications. The blockchain’s unique approach to development is seen as a potential advantage, but competition from other platforms remains intense. While optimism exists for Cardano’s long-term potential, the price will ultimately be driven by unpredictable factors like market conditions and overall demande #writetoearn

Cardano now leads in core developer activity, making it the most actively developed blockchain. This could be a positive sign for its cryptocurrency, ADA. However, Cardano is struggling with a drop in overall developer engagement, which may impact its future growth.