Cardano (ADA) Price Prediction – Charles Hoskinson no longer predicts delays for the Vasil hard fork

News Cardano (ADA) from 08/03/2022

The good news is that the set of things that could go wrong has become so small and we are now in the final stages of testing in this regard. So unless we discover something new, I don’t think we’ll have any further delays. “He said.

According to Investing Cube forecasts, the price of the native ADA token is expected towards its next big break. The key resistance level to watch for 2025 and 2030 will be around $ 2 and $ 5, respectively.

Cardano (ADA) Medium term price forecast

Cardano could exceed $ 1 at the end of the crypto winter of 2022.

Cardano (ADA) Long term price prediction

Cardano could reach $ 2 by the end of 2023 with a further general rise in the entire cryptocurrency market.

Opinion on the Cardano project

Cardano was among the most active blockchain networks of 2022. Despite the drop in the price of the ADA cryptocurrency, the network remains highly coveted.

What affects the value of Cardano (ADA)?

  • The Vasil rigid fork
  • Important network updates
  • Major Twists Concerning Charles Hoskinson (CEO)

What is Cardano (ADA)?

According to its founder Charles Hoskinson, Cardano is an open platform that aims to provide economic identity to the billions of people without it by offering decentralized applications to manage identity, value and governance (management).

The network was created with the aim of creating a “more balanced and long-term ecosystem” for cryptocurrencies. Cardano started as a research project and has now evolved into a full-fledged blockchain platform.

Read also 3 cryptocurrencies ideal for staking and passive earning

The creators of Ethereum believed that smart contract blockchains, such as Ethereum, were plagued with scalability and interoperability issues, and that the only way to solve these problems was to create an entirely new platform based on the mechanism. Proof of Stake Consent Statement.

Cardano is considered the first third generation blockchain, Bitcoin the first and Ethereum the second.

How does Cardano work?

Cardano offers several features: smart contracts, DeFi platforms and NFT platforms. The network’s native cryptocurrency is at the heart of this ecosystem. It can also be traded on cryptocurrency exchanges.

Useful links for investing in Cardano (ADA)

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