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Topic: Cardano vs Ethereum - page 2. (Read 1262 times)

copper member
Activity: 1316
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Eloncoin.org - Mars, here we come!
June 15, 2024, 10:19:07 AM

I would guess that what they are talking about is market cap, and not the price of the currency because that would make more sense. Price wise ADA can't reach ETH at all, that would not be possible, and to be fair nobody really expects it to catch neither, but marketcap ranking is another discussion.

Not that it will catch there neither, ADA has 15 billion marketcap whereas ETH has about 420 billion (lol) so I do not think that we are going to see ADA pass there neither. So, only thing we can have right now is the question "which one will make you more money if you invest right now", and in that situation ADA has a chance, doesn't mean it can win, but at the very least there is a possibility of ADA being better investment.


You are absolutely correct that It seems unlikely that price wise ADA will reach Etherem's value in the foreseeable future, becuase the total value locked on Ethereum ecosystem is 62.3 Billion dollar and no other chain including prominent chains such as BNB and SOLANA are not even close to it. Investment ADA can be considered once we see some tangible progress in their ecosystem that might translate into price increase if market begins to see ADA as a promising coin.
hero member
Activity: 3220
Merit: 678
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June 15, 2024, 07:59:31 AM
#99
We can't really tell for now and Cardano price is still far below comparing to Ethereum. Cardano price $0.4224 and Ethereum is $3,514.29 so this comparison is abnormal because the gap is too much. Before Cardano reach $1, Ethereum might reach $10,000 so this comparison is not fair for Ethereum.
And I a simple way to the question, I will say cardano will never replace Ethereum even in 2 centuries. And I know because you like cardano token and that is why you are comparing these two.
I would guess that what they are talking about is market cap, and not the price of the currency because that would make more sense. Price wise ADA can't reach ETH at all, that would not be possible, and to be fair nobody really expects it to catch neither, but marketcap ranking is another discussion.

Not that it will catch there neither, ADA has 15 billion marketcap whereas ETH has about 420 billion (lol) so I do not think that we are going to see ADA pass there neither. So, only thing we can have right now is the question "which one will make you more money if you invest right now", and in that situation ADA has a chance, doesn't mean it can win, but at the very least there is a possibility of ADA being better investment.
legendary
Activity: 3234
Merit: 1055
June 14, 2024, 03:26:20 PM
#98
We can't really tell for now and Cardano price is still far below comparing to Ethereum. Cardano price $0.4224 and Ethereum is $3,514.29 so this comparison is abnormal because the gap is too much. Before Cardano reach $1, Ethereum might reach $10,000 so this comparison is not fair for Ethereum.
And I a simple way to the question, I will say cardano will never replace Ethereum even in 2 centuries. And I know because you like cardano token and that is why you are comparing these two.

because they are both smart contract platorms. there are people very bullish on Cardano though such as Rauol Pal and his friends as far as i know Cuban is among off those guys who also shill Cardano at the beginning of the bullrun back in 2020. not sure if these guys are still holding ADA, i suspect they already dumped before the bear market.

the team Bankless and Charles have recently been beefing each other on whether there are really developers in ADA. Charles earned more enemies over time.
jr. member
Activity: 56
Merit: 22
June 14, 2024, 12:34:02 PM
#97
Do you think Cardano will replace Ethereum?

Personally, I think that both blockchains will develop in different directions in the future.
Both blockchains would therefore be relevant and coexist.

I personally think of something like this:
Ethereum = DeFi
Cardano = dApp

I also thought of something like this:
Ethereum = NFT & Gaming
Cardano = dApp & DeFi
Cardano will not be able to replace Ethereum. because we can see that the ecosystem in Ethereum continues to develop rapidly. Not only in Layer 1 but layer 2 is also developing rapidly, such as Arbitrum which is also continuing to develop. ADA actually also has its own advantages. So I also think that both will go side by side and have their respective advantages and disadvantages.
Both of them have their strengths and weaknesses, but i see that those weaknesses and strengths will complement each other (if only they work together) i noticed a lot of things that would be mutually beneficial to each other that you might also realize.
sr. member
Activity: 448
Merit: 264
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June 14, 2024, 07:46:23 AM
#96
We can't really tell for now and Cardano price is still far below comparing to Ethereum. Cardano price $0.4224 and Ethereum is $3,514.29 so this comparison is abnormal because the gap is too much. Before Cardano reach $1, Ethereum might reach $10,000 so this comparison is not fair for Ethereum.
And I a simple way to the question, I will say cardano will never replace Ethereum even in 2 centuries. And I know because you like cardano token and that is why you are comparing these two.
full member
Activity: 868
Merit: 202
June 08, 2024, 12:07:36 PM
#95
I think opinion cardano will never replace ethereum and so far there are plenty of projects that revolve around ethereum. In fact, almost every investor is encouraged to invest in ethereum after bitcoin. Moreover, the number of investors and millions of profits are available in ethereum. If you want to get good profit from investing in crypto market then feel the need of ethereum.

ethereum is more credible to use compared to cardano, although there are things that make cardano cheaper to use than ethereum, but people still trust ethereum more to use on their projects today. but that does not mean that cardano loses their appeal to attract developers to be able to create their projects on this architecture, but it requires more effort and further development in the cardano ecosystem, just like what solana is doing now.
full member
Activity: 1025
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June 08, 2024, 11:47:10 AM
#94
Cardano is an altcoin that has enormous potential and popularity in the crypto market, but when compared to ethereum I think Cardano is still far behind, and has to make big changes in everything, and of course these changes require a long process to be able to compete, let alone beat. ethereum's popularity, in my opinion ethereum is still a priority investment after bitcoin at this time,
jr. member
Activity: 129
Merit: 3
June 08, 2024, 07:50:06 AM
#93
As we know that the ecosystem in Ethereum continues to grow rapidly, also the EVM owned by Ethereum is widely used in various blockchains, both Layer 1 and Layer 2. So I don't think that Cardano will replace Ethereum.
sr. member
Activity: 1582
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June 07, 2024, 06:25:37 PM
#92
Will Cardano replace Ethereum? it's possible, but very difficult. As you know, currently Ethereum is the king of altcoins and Cardano's level is still far below Ethereum. Just imagine, if you want to compete with ethereum, Cardano has to go through other big altcoins such as TON SOL and BNB. but apart from that problem cardano is one of the best altcoins and the achievements to date are extraordinary.

Cardano is one of the potential altcoins, but as you said, replacing ethereum is certainly very difficult because the current level of ethereum is very high and very far from cardano coins, so it will take a long time to pass ethereum and it is very difficult to replace the coin, even cardano one of the coins that has high potential for the future.
full member
Activity: 560
Merit: 100
Eloncoin.org - Mars, here we come!
June 07, 2024, 05:16:13 PM
#91
In the current scenario, comparing Cardano to Ethereum isn't quite fair because Cardano is still far behind. However, we can't predict Cardano's future development. On the other hand, Ethereum's development is quite strong compared to Cardano. We'll see how both perform in this bull run, though we all know that Ethereum has already experienced significant growth. As for replacing one with the other, Ethereum currently holds a significant advantage over Cardano.
We hold significant changes and also having a good leading advantage over Cardano which is new project and probably the team working behind this project is also looking for heavy traffic in the market. Cardano shouldn't be compared to Ethereum because the distance is more bigger and extensive than the project we're all hyping. Ethereum have been in existence in the space because the team behind this project is not classified as some random average team.
full member
Activity: 1442
Merit: 108
June 07, 2024, 04:12:52 PM
#90
Will Cardano replace Ethereum? it's possible, but very difficult. As you know, currently Ethereum is the king of altcoins and Cardano's level is still far below Ethereum. Just imagine, if you want to compete with ethereum, Cardano has to go through other big altcoins such as TON SOL and BNB. but apart from that problem cardano is one of the best altcoins and the achievements to date are extraordinary.
jr. member
Activity: 1708
Merit: 3
June 05, 2024, 09:53:44 AM
#89
I will definently go with cardano over Eth anytime of the day . Personally don't like the high network fees associated with eth so I will prefer to do most of my activities on cardano blockchain .Much easier and cheaper for me 
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
June 04, 2024, 10:46:41 AM
#88
Do you think Cardano will replace Ethereum?

Personally, I think that both blockchains will develop in different directions in the future.
Both blockchains would therefore be relevant and coexist.

I personally think of something like this:
Ethereum = DeFi
Cardano = dApp

I also thought of something like this:
Ethereum = NFT & Gaming
Cardano = dApp & DeFi

This might have been a good question 2018 but its obvious that cardano has failed in 2024. Launched in 2017, Cardano was always hyped as the most actively developed blockchain that could be an immediate threat to Ethereum but the threat from Cardano never came. Fast forward today, there are many alternatives of Ethereum and Cardano and even though Ethereum is holding its ground, Cardano just have a ceremonial presence on the market being out shadowed by newer and better competition. Cardano might exist a bit longer, but I don't see it gaining any momentum, Even though its currently at number 10 by marketcap, I see it slip down soon Memecoins and newer utility coins threaten its position.

You are absolutely right that Cardano (ADA) was considered as potential competitor of Ethereum since 2017 when it was launched, and also in 2021 when overall cryptocurrencies' market was in bullish phase, it relatively performed better and its price reached to $2,58 which is its all time high (ATH). However, since then it could not make any impressive moves, even in 2024 when Bitcoin made new ATH, Cardano price remained below a dollar.

In view of the foregoing, it is highly unlikely that Cadano can compete with Ethereum, Solana or BNB chains unless any technological advancement occurs in its network that could attract significant investment in its ecosystem.

https://www.statista.com/statistics/1202312/cardano-price-index/
legendary
Activity: 3038
Merit: 1024
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June 04, 2024, 07:12:43 AM
#87
Cardano cannot replace ethereum because ethereum is very successful after Bitcoin and as Bitcoin cannot be beaten by any coins the same is the ethereum which is not possible to be beaten by any other altcoins. Cardano is successful and profitable but we should not compare one coin with another because every coin has its own level of success and has its own value.

We don't Know what will be the coming years but currently both cardano and Ethereum are profitable but here we cannot say that Ethereum will be replaced by cardano or cardano will be more profitable than Ethereum. The value of cardano will increase but Ethereum will also increase in its price instead of keeping a single worth forever.

Cardano will remain as is if Charlie doesn't allow stablecoins such as USDT. Until there is no centralized stablecoin right on ADA, the price will not go as high as some L1. I think TON will rank higher than ADA soon. It's a slow progress for ADA. It's cool but it's not making investors stick around on ADA. It is going to drain their patience.

Honestly, ADA was not a friendly blockchain ever since it was being introduced.









In this case, i assume TVL = Demand. It's reflected people's money whose use the platforms and locked their money there. I assume here less TVL less demands and users. It's caused by TVL has reflected how crowded the blockchain is. Even ADA's TVL is not even 1/20 of tron.

It shows that how ADA is a dying blockchain right now. It's not fuckin weird to see that people were leaving from this blockchain. The wrong thing from ADA is the developers of this blockchain keep standing with their own selfishness avoid to create ethereum bridge.
legendary
Activity: 2282
Merit: 1041
June 04, 2024, 06:16:21 AM
#86
Cardano cannot replace ethereum because ethereum is very successful after Bitcoin and as Bitcoin cannot be beaten by any coins the same is the ethereum which is not possible to be beaten by any other altcoins. Cardano is successful and profitable but we should not compare one coin with another because every coin has its own level of success and has its own value.

We don't Know what will be the coming years but currently both cardano and Ethereum are profitable but here we cannot say that Ethereum will be replaced by cardano or cardano will be more profitable than Ethereum. The value of cardano will increase but Ethereum will also increase in its price instead of keeping a single worth forever.

Cardano will remain as is if Charlie doesn't allow stablecoins such as USDT. Until there is no centralized stablecoin right on ADA, the price will not go as high as some L1. I think TON will rank higher than ADA soon. It's a slow progress for ADA. It's cool but it's not making investors stick around on ADA. It is going to drain their patience.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
June 04, 2024, 05:22:55 AM
#85
Cardano cannot replace ethereum because ethereum is very successful after Bitcoin and as Bitcoin cannot be beaten by any coins the same is the ethereum which is not possible to be beaten by any other altcoins. Cardano is successful and profitable but we should not compare one coin with another because every coin has its own level of success and has its own value.

We don't Know what will be the coming years but currently both cardano and Ethereum are profitable but here we cannot say that Ethereum will be replaced by cardano or cardano will be more profitable than Ethereum. The value of cardano will increase but Ethereum will also increase in its price instead of keeping a single worth forever.
legendary
Activity: 3150
Merit: 1069
June 04, 2024, 04:28:35 AM
#84
Do you think Cardano will replace Ethereum?

Personally, I think that both blockchains will develop in different directions in the future.
Both blockchains would therefore be relevant and coexist.

I personally think of something like this:
Ethereum = DeFi
Cardano = dApp

I also thought of something like this:
Ethereum = NFT & Gaming
Cardano = dApp & DeFi

This might have been a good question 2018 but its obvious that cardano has failed in 2024. Launched in 2017, Cardano was always hyped as the most actively developed blockchain that could be an immediate threat to Ethereum but the threat from Cardano never came. Fast forward today, there are many alternatives of Ethereum and Cardano and even though Ethereum is holding its ground, Cardano just have a ceremonial presence on the market being out shadowed by newer and better competition. Cardano might exist a bit longer, but I don't see it gaining any momentum, Even though its currently at number 10 by marketcap, I see it slip down soon Memecoins and newer utility coins threaten its position.
copper member
Activity: 1316
Merit: 715
Eloncoin.org - Mars, here we come!
June 04, 2024, 04:05:44 AM
#83
Do you think Cardano will replace Ethereum?

Personally, I think that both blockchains will develop in different directions in the future.
Both blockchains would therefore be relevant and coexist.

I personally think of something like this:
Ethereum = DeFi
Cardano = dApp

I also thought of something like this:
Ethereum = NFT & Gaming
Cardano = dApp & DeFi

I don't think that Cardano (ADA) can replace Ethereum in the foreseeable future due to iris very low acceptability in the market. Its network is not simple and user friendly and no significant project launched on its network that could have impressed the wide majority of crypto community. In contrast Ethereum is well established and recognized network with Billions of dollars invested on its protocols.
full member
Activity: 2184
Merit: 100
SOL.BIOKRIPT.COM
June 04, 2024, 02:37:55 AM
#82
In the current scenario, comparing Cardano to Ethereum isn't quite fair because Cardano is still far behind. However, we can't predict Cardano's future development. On the other hand, Ethereum's development is quite strong compared to Cardano. We'll see how both perform in this bull run, though we all know that Ethereum has already experienced significant growth. As for replacing one with the other, Ethereum currently holds a significant advantage over Cardano.
member
Activity: 665
Merit: 10
SOL.BIOKRIPT.COM
June 03, 2024, 02:37:47 PM
#81
I think opinion cardano will never replace ethereum and so far there are plenty of projects that revolve around ethereum. In fact, almost every investor is encouraged to invest in ethereum after bitcoin. Moreover, the number of investors and millions of profits are available in ethereum. If you want to get good profit from investing in crypto market then feel the need of ethereum.
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