#CardanoDebate
Cardano is a decentralized PoS blockchain founded in 2015 and launched in 2017. It has positioned itself as an alternative to PoW blockchains like Bitcoin because it is more energy-efficient, scalable, and more useful as a development platform.
In 2025, Cardano (ADA) is expected to range from a low of $0.66 to a high of $1.88 with a stretched bullish target of $2.36. The predicted average price for 2025 is $1.21, suggesting potential for significant growth for ADA. Condition: the important 50% Fibonacci level of $0.824 is convincingly cleared in 2025.
Critics said only three organizations control Cardano: the Cardano Foundation, Hoskinson's company IOG, and Emurgo. They argued this makes Cardano inferior to Bitcoin, which they believe no single group controls.
Will Cardano fail?
Cardano is a well-known and reputable cryptocurrency project — which makes it unlikely that it will fail completely. However, the project has lagged in price growth and has yet to see the price highs it reached in 2021.
