Cardano is one of the world's most innovative smart contract platforms with a tried-and-tested blockchain network backed by prominent developers and academics. The Ourboros PoS consensus algorithm is bound to make Cardano cost-efficient without sacrificing security/reliability. Considering that the project's team are adding new features at a slow and steady pace, Cardano would make an excellent alternative to Ethereum.
At the of this writing, ADA sits at around $1.35 per coin. If we compare Cardano vs other leading blockchain networks, we'd say that the cryptocurrency is quite undervalued. Both ETH and BNB are sitting well above the "triple digits", so I can't see why ADA won't do the same. Set yourself forward 10 years from now, and ADA could probably go all the way to $100 per coin.
What is your price prediction for Cardano (ADA) within the next 5-10 years? Do you think it's meant to become valuable over time? If not, why? Your input will be greatly appreciated. Thank you very much.
You are very right about ADA features and what the team has achieved so far as well as trying to achieve. ADA is a very outstanding blockchain platform backed by experienced team but what stuns me most is that, even with its outstanding features, many projects are yet to launch on it, I don't seems to see any or come across any (I can be corrected if I'm wrong), thus showing that many projects are yet to pay attention to it, and so far attention is not getting much on it from upcoming projects, I think it will struggle to be like BNB and ETH. Even Polygon Matic Chain is developing theirs to be exceptional, and projects are already looking into launching on it with some already migrating to it.
Therefore my own opinion is this, BNB and ETH has many projects already on their blockchain, leveraging their services and thus growing even more, that is to say ADA also needs something of such nature to be able to be compared with those two coins in terms of market cap.
Additionally, if we recall vividly, Binance native chain didn't attract much projects, recognition and growth to BNB coin until Binance Smart Chain was launched, and ever since no one has heard anything about their native or first chain, therefore ADA team needs to work more hard and develop something unique and attractive which will get the attention of upcoming projects, a Dex leveraging ADA blockchain is also not a bad idea; long term working products will lead to more price growth, I don't go with the idea or suggestion of $100 per coin, but something good will be expected if the team offers more working products.