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Topic: Will ADA and eth competitors get dumped if/when Ethereum 2.0 comes out? (Read 905 times)

full member
Activity: 1190
Merit: 111
Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

I had no doubt about ADA it was good for me to trade this whether day trading or long term and aside from that
it has a real potential to increase its price value in the future. I agreed also that it can give a passive income as well.
So, I can't say that it will dump deeply in the market, it may so but not so dip in my own opinion.
newbie
Activity: 23
Merit: 853
Money is casting a vote for ADA. Last days $12.6 million were outflow from ethereum while Cardano has seen $10 mln inflow. And this trend, in my very humble opinion, will only go on increasing for two coming years. Ethereum 2.0 will neither stop nor  influence that.
newbie
Activity: 23
Merit: 853
ETH will always be domain for DeFi,

IOHK doesn't agree with that. Their  token migration bridge is about to drill DeFi. What would happen next is not hard to imagine. I think in  couple of years everyone speaking of DeFi will mean dApps on Cardano. Cardano is better equipped for  DeFi  then ETH.  Read why.
full member
Activity: 826
Merit: 104
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

of course it will remain stable, because ETH 2.0 only affects for ETH system and does not affect for ADA or other competitors, so if indeed ADA or other competitors can match ETH, then of course ADA or other competitors will be able to remain stable, especially if ADA or other competitors can making the project better than ETH, then of course it's possible for ADA or other competitors will be more popular than ETH in the future.
hero member
Activity: 2086
Merit: 761
To boldly go where no rabbit has gone before...
Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

You're comparing apples and oranges.
While yes, they are both crypto, and share some similarities, ETH will always be domain for DeFi, while something else will thrive on ADA.
And in the end, ramp solutions will join them together
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
ADA is a good project that is why it is considered as one of the best competitors of ETH. If ETH 2.0 gets released ADA will remain stable since it will only lessen ERC-20 transactions. ADA same as ETH is already established and ETH 2.0 can help ETH increase its price. We will see all the inpact of it once 2.0 meets people's expectations.
ADA honestly have very weak foundation, it's just temporarily hyped up and there's nothing special about it really while most of people who got tired of erc20 migrated to BSC instead not ADA and when ETH fee resolved it's more likely to get dumped.
In this case I think BNB have stronger foundation than ADA when it comes to ETH 2.0 release even polka is a lot more better than cardano if im being frank.
member
Activity: 845
Merit: 52
When will ETH2.0 go live is something that is highly anticipated. A lot of trades are stalled and many projects are awaiting salvation and the ones that can't wait have migrated to BSC. The project I follow and owned some reasonable amount vowed never to migrate to BSC. Having competition is good for the market, so few other ETH competitors will stay alive.
legendary
Activity: 2674
Merit: 1226
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The new ones like BSC and Polka might get some outflows back to ETH though.

Depends from how developers will engaged with those alternative chain, the fact that ETH update might resolve the problem
with transaction fees,

Those developers who jumped out might think back and again use the  ERC chain, it will bring those old support plus those
new developers to use the system.

We will see what will happen after the update.
[/quote]

ETH will resolve it. It's just a matter of when, and I think people in general who have left ETH don't believe it's happening according to schedule (they're behaving like Bitcoin people who left the main network because they thought BTC was too slow).

Like you said though, we'll only really find out after the update.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
eth has surpassed many of its competitors even as it stands. When we look at cryptocurrencies today, we see that most of them are still eth-based. This shows what a demand for eth. When Eth 2.0 comes out, I think that most of the investors who turn to different crypto currencies will return. Moreover, even those who use alternatives now have to use eth if they want to make money.

yes, but ADA is a kind of good and solid altcoins project with great features inside the project buddy
so, in my opinion, even ETH 2.0 comes out, the price of ADA and other eth competitors with good marketcap will remain stable

I don't think it's solid enough to remain stable if ETH 2.0 comes out seeing that both ADA and BNB trying to overtake each other, not to mention that huge portion of ETH projects moving over to BSC. If those projects that already migrated are to move back to ETH blockchain then big chance it's gonna shake BNB and ADA though will get less harmful impact from the release of ETH 2.0 still affected regardless. ADA's foundation in market is not that strong IMO.
legendary
Activity: 3108
Merit: 1029
at the moment, in Ethereum, you need to solve the problem with such a network load in order to lower the commission and then everything will be fine!

Be patient because the implementation of solution on the fully decentralized network is not easy and it may take a year to be done.
BTW with the new implementation and the fees can be limited.
Basically, this is the problem that was preventing ethereum to get massive adoption. This time ether is growing up again.
EIP 1559 has become the solution but it's not yet approved by the miners. There must be an alternative way. As users and we can only see the progress
sr. member
Activity: 1596
Merit: 335
ADA is a good project that is why it is considered as one of the best competitors of ETH. If ETH 2.0 gets released ADA will remain stable since it will only lessen ERC-20 transactions. ADA same as ETH is already established and ETH 2.0 can help ETH increase its price. We will see all the inpact of it once 2.0 meets people's expectations.
full member
Activity: 1470
Merit: 105
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

everything will remain stable, because I think ETH 2.0 will only affect the price of Ethereum, because if the gas fees from Ethereum become cheap and the transaction is faster, then I believe the price of Ethereum will increase very high, but the price of ADA and other competitors will remain the same, it's just that maybe people will start to investing in Ethereum again and make the price of ADA or other competitors difficult to increase very high again.
sr. member
Activity: 882
Merit: 252
ADA already provides many advantages in this bullrun period for those who keep it, especially when one saves ADA from the cheap price.
Many smart contract platforms compete with Ethereum and so far have worked well. For example BSC. But I hope they can compete healthily and still have a high volume in the exchange, because they are a very potential platform and have a serious goal and want to solve problems that will be the best solution for the crypto industry.


Although Ethereum have higher feea transaction I think many project od ICO and IEO still believe with ethereum platform creating coin, maybe the power and support with ethereum platform make many ICO and IEO project more easy to get investor and coin become lovely and raise to higher price.
jr. member
Activity: 212
Merit: 1
give me back my 2008
Ethereum is the most popular platform for creating smart contracts, and it will remain so, it seems to me.

At the moment, in Ethereum, you need to solve the problem with such a network load in order to lower the commission and then everything will be fine!
sr. member
Activity: 1638
Merit: 255
ADA already provides many advantages in this bullrun period for those who keep it, especially when one saves ADA from the cheap price.
Many smart contract platforms compete with Ethereum and so far have worked well. For example BSC. But I hope they can compete healthily and still have a high volume in the exchange, because they are a very potential platform and have a serious goal and want to solve problems that will be the best solution for the crypto industry.

full member
Activity: 1050
Merit: 103
BIB Exchange
I very often see such topics, you know what interests me more, where can I see tokens in the ADA blockchain. If there is an account where you can register and see all the functionality?
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
I don't think other smart contract platforms will get dumped, but I do expect whenever Eth2 launches (fully operational - phase 2 or whatever) that'll cement it as the dominant smart contract platform.

I think this transition period plays into the hands of other smart contract platforms. I'm sure ADA will benefit from Eth having super high fees this year and next year, and I don't think it'll dump when Eth2 is fully online, but I think these other platforms need to make the most of this transition period to get as good a place in the market as they possibly can before Eth2 is ready. Basically these other platforms have maybe two years now (possibly less) to capture a piece of the market from Eth. Those that don't manage to capture much market before Eth2 will wither. Those that do should be able to maintain some market share once Eth2 is out. I bought some ADA this year because the long transition to Eth2 I think will allow it to capture a small piece of the smart contract market. I believe Dot will as well. And other platforms might carve out smaller niches. But I expect Eth2 will allow Ethereum to continue to be the dominant platform.

Yeah I don't think there's anyone left on TRX or EOS or NEO or whatever who hasn't left yet to another platform, ETH 2.0 won't get new people going to it from the competitor platforms. But it will definitely increase demand (and so price) for ETH itself.

The new ones like BSC and Polka might get some outflows back to ETH though.

Depends from how developers will engaged with those alternative chain, the fact that ETH update might resolve the problem
with transaction fees,

Those developers who jumped out might think back and again use the  ERC chain, it will bring those old support plus those
new developers to use the system.

We will see what will happen after the update.
hero member
Activity: 1316
Merit: 502
I have not seen a cryptocurrency generated by ADA smart contract and have not heard of smart contract implementation on ADA.
ADA is not able to compete in the long term with ETH as it is not capable of creating ecosystems like ETH.
It takes a long time to see the crypto markets work, so maybe let's keep both ETH and ADA.
ADA is relatively quiet and keeps their relationships and contracts confidential, that makes them unable to impress the crypto community and their value will suffer a lot, if they truly provide valuable information, everything could change and they could compete with ethereum. However, as far as I know they have no official announcement yet while ethereum is on the verge of their latest release, as soon as this release is successful, competitors such as ADA will run out of opportunities, appreciate focusing capital on ethereum rather than ditching a bit on ADA
full member
Activity: 532
Merit: 104
I have not seen a cryptocurrency generated by ADA smart contract and have not heard of smart contract implementation on ADA.
ADA is not able to compete in the long term with ETH as it is not capable of creating ecosystems like ETH.
It takes a long time to see the crypto markets work, so maybe let's keep both ETH and ADA.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
I don't think other smart contract platforms will get dumped, but I do expect whenever Eth2 launches (fully operational - phase 2 or whatever) that'll cement it as the dominant smart contract platform.

I think this transition period plays into the hands of other smart contract platforms. I'm sure ADA will benefit from Eth having super high fees this year and next year, and I don't think it'll dump when Eth2 is fully online, but I think these other platforms need to make the most of this transition period to get as good a place in the market as they possibly can before Eth2 is ready. Basically these other platforms have maybe two years now (possibly less) to capture a piece of the market from Eth. Those that don't manage to capture much market before Eth2 will wither. Those that do should be able to maintain some market share once Eth2 is out. I bought some ADA this year because the long transition to Eth2 I think will allow it to capture a small piece of the smart contract market. I believe Dot will as well. And other platforms might carve out smaller niches. But I expect Eth2 will allow Ethereum to continue to be the dominant platform.

Yeah I don't think there's anyone left on TRX or EOS or NEO or whatever who hasn't left yet to another platform, ETH 2.0 won't get new people going to it from the competitor platforms. But it will definitely increase demand (and so price) for ETH itself.

The new ones like BSC and Polka might get some outflows back to ETH though.
hero member
Activity: 2240
Merit: 848
I don't think other smart contract platforms will get dumped, but I do expect whenever Eth2 launches (fully operational - phase 2 or whatever) that'll cement it as the dominant smart contract platform.

I think this transition period plays into the hands of other smart contract platforms. I'm sure ADA will benefit from Eth having super high fees this year and next year, and I don't think it'll dump when Eth2 is fully online, but I think these other platforms need to make the most of this transition period to get as good a place in the market as they possibly can before Eth2 is ready. Basically these other platforms have maybe two years now (possibly less) to capture a piece of the market from Eth. Those that don't manage to capture much market before Eth2 will wither. Those that do should be able to maintain some market share once Eth2 is out. I bought some ADA this year because the long transition to Eth2 I think will allow it to capture a small piece of the smart contract market. I believe Dot will as well. And other platforms might carve out smaller niches. But I expect Eth2 will allow Ethereum to continue to be the dominant platform.
hero member
Activity: 2268
Merit: 507
When bitcoin success pass $60,000 I think almost altcoin will have chance for growing up and ADA keep fprward position touch on higher price, but many time when bitcoin have higher price ADA failed to reach on higher price with many people early to sell ADA togetjer and make price suddenly dump.

Bitcoin is almost touching 60k rate and then ADA will be following bitcoin after bitcoin already done with its pump. When bitcoin goes stable and then ADA will try to gain the FOMO from the bitcoin traders who have been moving to the altcoins to get another profit again.

I think that ADA holders will never sell their ADA consider this coin is having a very bright future.
ADA is growing steadily and just like another potential coin in the same tier like DOT and BNB.

Why do people sell their ADA if it can grow even higher?
member
Activity: 238
Merit: 15
ADA Cardano coins seems to be very overhyped right now. ADA was developing for almost 4 years and could not manage to add basic Ethereum functions to launch tokens on Cardano. It's getting always delayed and devs are just talking and promising. But no results.
For a not fully functional project, Cardano price is way too high. For comparison, Avalanche, where allmost all Ethereum functions are already fully implemented, has a much lower price because Avalanche is very unknown and Cardano has a much higher price because it's hyped.

For ETH 2.0 I don't know when devs will be ready but right now, Ethereum is working. It's just very high fees at Ethereum.
sr. member
Activity: 882
Merit: 252
I will be watcher only with ADA coin price now, I think have over price now and not worth for reinvesting again looking last year ADA under $0.2 and now have raise more than $1,2. But if you believe ADA will break more than $4 you can invest but I am waiting only and try to invest if ADA back under $1.
hero member
Activity: 2408
Merit: 584
Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?
Cardano (ADA) is a good investment and the price has been going for long now, just check the chart ,it has even increased more today. ADA is one of those so called Ethereum killers that are popping out these days, just like that Polkadot, and it has been offering developers more functionalities than Ethereum (as they say), and apart from being a smart contract it is also being a store of value just like Bitcoin.

So, it has many things that it is doing and it’s also a very popular coin, though Ethereum still holds a better position, but it has able to get the a better position on Coinmarketcap list. But, we need to wait and watch what future got to unfold for all of us.
sr. member
Activity: 882
Merit: 252
When bitcoin success pass $60,000 I think almost altcoin will have chance for growing up and ADA keep fprward position touch on higher price, but many time when bitcoin have higher price ADA failed to reach on higher price with many people early to sell ADA togetjer and make price suddenly dump.
full member
Activity: 700
Merit: 100
If Ethereum 2.0 comes out then Gas problem in Eth network is solved then people will back into Eth because lot of Projects are using Eth network.New Network like ADA and others will not occupy market ,it takes so many time.
what do you mean by new networks like ADA?
And you need to know that the ethereum gas fee issue will be resolved this year. There is no need to wait until 2023 when the plan for the new ethereum 2.0 update will be completed.
no one needs to be killed. The current trading in the ethereum chain is still busy even though several projects have switched to the binance smart chain.
legendary
Activity: 2450
Merit: 4295
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I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

Both Ethereum and Ada has big potential but I'll have to give it to Ada as the chances of cashing out big is on the side of Ada. If I'm not mistaken, they just got listed on coinbase which is huge and could skyrocket the price to new all time high of double figures.

Coinbase has the volume and with the right marketing, Ada could be trading above $10 or close in couple of months or years time. Let's not forget this is the same coin that was trading in cents few months back. There's lot of potential in the project.

Ethereum has more attention though due to its upgraded version launching soon but it'll required more funds (huge capital) to profit excessively from the success of the launch.
jr. member
Activity: 1141
Merit: 1
If Ethereum 2.0 comes out then Gas problem in Eth network is solved then people will back into Eth because lot of Projects are using Eth network.New Network like ADA and others will not occupy market ,it takes so many time.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform

The release of Eth2 will make users also shift to it once they see there is a great improvement, particularly to the transaction fees. We know ADA has still a lot of room to grow, its the money to make with ETH that makes decisions change. ETH could likely doubled its price when ETH2 is alive while they could also buy ADA back right when there is something new that will happen.
The problem is when? No ETA and there will be no exact date about when the update will be arriving soon. ADA is good but BSC is far superior compared with ADA.
Miners didn't wanna see ethereum move to the POS and the creation of a new EIP will make the upgrade to the ethereum protocol will be even longer than before.
This is the problem that must be fixed by both ethereum developers and miners or more people will be moving to another chain.
legendary
Activity: 2576
Merit: 1043
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?
It will depend on the sentiment of the people.

As you know, prices are driven not only by news but the sentiments of the investors of it. If they see ETH 2.0 as a good thing and then there might be some ADA holders that will dump ADA and will buy ETH. On the other hand, if they aren't satisfied with the upgrade of ETH and they feel disappointed then they might sell some ETH and stack some ADA or other coins that they want to buy.

After all, both ETH and ADA are good coins and they are there for a long time already. Both of the coins are having an upgrade after upgrade and both are evolving each year. Better to just hold both of them like I'm doing right now and currently staking both of them Smiley. Passive income.
hero member
Activity: 2800
Merit: 595
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The release of Eth2 will make users also shift to it once they see there is a great improvement, particularly to the transaction fees. We know ADA has still a lot of room to grow, its the money to make with ETH that makes decisions change. ETH could likely doubled its price when ETH2 is alive while they could also buy ADA back right when there is something new that will happen.
hero member
Activity: 2184
Merit: 531
ADA was popular long before the talks about 2.0 and it's one of those coins that will remain in the top.

For a long time I had some ADA and kept telling people that XRP, BCH and BSV are shitcoins that will never reach any real adoption and die when people see how bad they are. At that time both BCH and XRP were in the top 5 on CMC and BSV was in the top 10. 2 years later XRP is 7, BCH is 14, BSV is 30 and this won't last. They are going to go even lower.

ADA and ETH are both strong and important coins. They will still be here in a year or 2, don't worry.
full member
Activity: 1190
Merit: 117
I was sure that when Ethereum 2.0 was officially released, ADA price would not dump. Because I see that ADA already has loyal holders.
I believe ADA and ETH are very good projects for the long term investment, so don't be afraid that Ethereum 2.0 comes out will not threaten ADA.
But it must be admitted that if Ethereum 2.0 is released then the price of Ethereum will increase dramatically, so Ethereum is better than
ADA after all. Even with high enough gas fees that don't make holders leave Ethereum, even though as we know many Ethereum users have
switched to using the BSC. But the price of Ethereum can still go up today, it means that Ethereum is still a very good project for HODL.
full member
Activity: 1428
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?
For sure ethereum 2.0 will be a great opportunity to start pumping.  That is why there will be a large number of altcoins from an investor base, whose predictions will depend on the success and promise of the demo features of ETH 2.0.  However, keep in mind that the market has a lot of leverage, but that day will be very bright, but I am quite confident with ADA, it will not be too serious.
legendary
Activity: 2282
Merit: 1023
I don't think real competitors would be dumped but wannabe competitors may go down. Ethereum is not a monopoly, there are a lot of smart contract, proof of stake and nft platforms. When you think about bigger picture, crypto space is still too small comparing to whole world's financial system. It will grow exponentially just like Bitcoin did. So there are a lot of space for all these coins.
I do think that Ethereum has the monopoly in the market as there are other chains that are available for years and we have not seen many projects that are using their platforms, the only time we saw some migrations was when the transaction charges of Ethereum started to frustrate the developers and they were forced to move to other chains with lower transaction fees.

I do not think that the projects that jumped from ETH will return even if the magical ETH 2.0 is implemented and functioning as they say.
full member
Activity: 1904
Merit: 138
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There's a possibility that some competitors of ETH will dump but a minor dump only during or before the release of there upgraded blockchain. The development is continuous and I'm sure that they can execute it this year or next year. Ethereum devs is just working silently to avoid early hype and the annoying expectation of many bandwagon investors.

I don't think real competitors would be dumped but wannabe competitors may go down. Ethereum is not a monopoly, there are a lot of smart contract, proof of stake and nft platforms. When you think about bigger picture, crypto space is still too small comparing to whole world's financial system. It will grow exponentially just like Bitcoin did. So there are a lot of space for all these coins.

And if these eth competitors show that they really do have working and efficient platforms, I don't think they will easily be dumped. If they have great features for the project and they are really helping in the project's implementation of their objectives, then I don't see any reason that they will just abandon that particular network. But definitely, these devs will compare the pros and cons with their current network vs the new version of eth. Many people still go to eth even if they have high fees, so when they improve gas efficiencies, high chance that a lot will go back to eth.
legendary
Activity: 2982
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There's a possibility that some competitors of ETH will dump but a minor dump only during or before the release of there upgraded blockchain. The development is continuous and I'm sure that they can execute it this year or next year. Ethereum devs is just working silently to avoid early hype and the annoying expectation of many bandwagon investors.

I don't think real competitors would be dumped but wannabe competitors may go down. Ethereum is not a monopoly, there are a lot of smart contract, proof of stake and nft platforms. When you think about bigger picture, crypto space is still too small comparing to whole world's financial system. It will grow exponentially just like Bitcoin did. So there are a lot of space for all these coins.
legendary
Activity: 3122
Merit: 1140
I am hearing about this Ethereum 2.0 hype for more than two years. You guys need to stop beating the dead horse. ETH 2.0 to Ethereum is just like what Lightning Network is to Bitcoin. The idea may be good, but it will be very difficult to implement and only a very small number of people will end up using it. In short, it will be having hardly any impact on the ground situation. ADA and other alts will thrive in the next few years and at a point they will be strong enough to replace Ethereum from the #2 spot.
Since there are many things still need to fix with ETH that many still initiating that there will be a 2.0 version which still upto now where no where to find . I started hearing 2.0 version after its price dump from 2017 ATH and the hype keeps going without any development access or shown. It will not affect eth, ada or any other coin , it will just continuous to be just a hype of rumor unless it will really be released and if the test runs out fine.
Done enough with those 2.0 talks in ETH platform.Lots of speculation floating around just like these where dumps and pumps could possibly happen once this thing launched.
We wont make out conclusions until this one launched into the market because everything would really be depending on how the community would deal with it once its already
available neither pump or dump then its up to someone on what are the decisions would be made.For now the best thing to be done is to wait up and if you can afford or can risk out
then its not bad to make out some considerations.
hero member
Activity: 2954
Merit: 796
I don't think any Ethereum competitor will go downhill just because Ethereum launch 2.0, I don't really think Ethereum can do that either. Maybe in 2035 lol. They are here to stay and competition is healthy for everybody. Solana and Matic should be mentioned right in front of Ada. The market have enough space for all of them.

There's a possibility that some competitors of ETH will dump but a minor dump only during or before the release of there upgraded blockchain. The development is continuous and I'm sure that they can execute it this year or next year. Ethereum devs is just working silently to avoid early hype and the annoying expectation of many bandwagon investors.

hero member
Activity: 2716
Merit: 698
Dimon69
I am hearing about this Ethereum 2.0 hype for more than two years. You guys need to stop beating the dead horse. ETH 2.0 to Ethereum is just like what Lightning Network is to Bitcoin. The idea may be good, but it will be very difficult to implement and only a very small number of people will end up using it. In short, it will be having hardly any impact on the ground situation. ADA and other alts will thrive in the next few years and at a point they will be strong enough to replace Ethereum from the #2 spot.
Since there are many things still need to fix with ETH that many still initiating that there will be a 2.0 version which still upto now where no where to find . I started hearing 2.0 version after its price dump from 2017 ATH and the hype keeps going without any development access or shown. It will not affect eth, ada or any other coin , it will just continuous to be just a hype of rumor unless it will really be released and if the test runs out fine.
legendary
Activity: 2982
Merit: 1485
I don't think any Ethereum competitor will go downhill just because Ethereum launch 2.0, I don't really think Ethereum can do that either. Maybe in 2035 lol. They are here to stay and competition is healthy for everybody. Solana and Matic should be mentioned right in front of Ada. The market have enough space for all of them.
sr. member
Activity: 882
Merit: 252
Not any good news from ADA after bitcoin break to higher price but ADA still down and not any impact with bitcoin price, but when bitcoin down ADA will have lower price and better to cut loss and check with other coin. I never interested with ADA because have many time failed to break out on higher price although support with bitcoin success back to higher price.
sr. member
Activity: 1988
Merit: 453
I am hearing about this Ethereum 2.0 hype for more than two years. You guys need to stop beating the dead horse. ETH 2.0 to Ethereum is just like what Lightning Network is to Bitcoin. The idea may be good, but it will be very difficult to implement and only a very small number of people will end up using it. In short, it will be having hardly any impact on the ground situation. ADA and other alts will thrive in the next few years and at a point they will be strong enough to replace Ethereum from the #2 spot.
hero member
Activity: 669
Merit: 520
what can't be matched between eth & btc, is same for eth & ada i.e different test of time.

so eth is here to stay and will remain ahead of ada, ad btc is here to stay, and remains ahead of eth even with it's lacking.
legendary
Activity: 2464
Merit: 2094
~~~
ETH, ADA, and BNB I think they will continue to compete in the market. related to technology, network development, and also market capitalization.
For decentralized asset, supply and demand are two thing that will determine whether they are able to compete with other asset in the market or not. However, the intended competition is not only about market cap, but the functionality of the token or coin will also determine to have more adoption. Because the three of them have different chain, the transaction fee will also be a competition to get more users.

~~~
Either way still possiblities, concluding is not ours to dictate.
True, it is the community and users who determine whether the competition is strong or not.
legendary
Activity: 2996
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Leading Crypto Sports Betting & Casino Platform

ETH, ADA, and BNB I think they will continue to compete in the market. related to technology, network development, and also market capitalization.

This 3 different chain will contiue to compete as the market have lots of community supporters, it wil depends from how developers and investors see open opportunities.

They'll grab if they see that the system/chain is suitable to what they'll need, we all see how the market moves. Every project have
their own momentum, once the completion was been done there's a after effect that we might see. Either way still possiblities, concluding is not ours to dictate.
full member
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SmartFi - EARN, LEND & TRADE
Speaking of ADA. Nope is the brief answer to OP's question. Cardano and   Ethereum 2.0 are two  technologies that offer different approaches to dApps and particular to  smart contracts. After Goguen being fully launched I would expect the dump of ETH rather then dump of ADA after  Ethereum 2.0. I have no idea of any other competitors.
approaching the momentum of the completion of the ethereum 2.0 update there will definitely be a dump on ETH. and there is also a possibility that it will affect the altcoin market, especially the tokens that are in the ethereum chain.
the update will take quite a while, and it will take some lengthy customization to see it take effect.
ETH, ADA, and BNB I think they will continue to compete in the market. related to technology, network development, and also market capitalization.
sr. member
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https://bitlist.co
This is entirely possible since the time period until the launch of ETH2.0 is also the period when many other coins compete by attacking and creating fuds to show more superiority. And this will certainly be repeated when ETH2.0 launches, and the problem is solved when the previous funds from ETH flow to these coins will be flowing back.
sr. member
Activity: 882
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Al coin dump now if you see bitcoin back to lower price, I don't think competitive between ADA and etheruem but most serious how come if bitcoin always lower price, how dump all altcoin exactly ADA and ethereum, although will have new update about eth 2.0 still not any impact if bitcoin still going down and you see with your assets lost much.
sr. member
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The Standart Protocol - Solving Inflation
I dont think ada will dump when ethereum 2.0 launch, because ada has a solution for ethereum and itbis good to have a compatitor for this niche, so there are no monopoly. We also did not know when ethereum 2.0 will be launch. We just need a time for developer to move from ethereum to ada.
legendary
Activity: 3332
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I don't think soo... but also ETH2.0 is not so close. They have a lot of work to do until it comes alive. Until then ADA or some other can get a big share of ETH costumers.

Ada smart contracts are not live yet so we cannot expect that ADA can take any share from the ETH market. The more the ETH 2.0 is delayed, the only beneficiaries will be binance smart chain. ADA is independent of ETH at the moment and won't be effected by the ETH 2.0.

I would like to focus on two things in these two comments:
-"also ETH2.0 is not so close. They have a lot of work to do until it comes alive."
-"Ada smart contracts are not live yet "

They are staying behind, that is a fact! And while each of these two has their own problems, other projects are rocking the crypto space and offer the same but a lot better and cheaper! And it's what the end customer wants!

This year will be interesting (like any year in crypto is not?! haha), I expect the market to dump and clear some shitcoins that got pumped without some big reason (at least in my opinion)! At the same time, we will have a clear view of what is worth staying and making further progress, and what will stay behind without big chances to recover!

Bottom line, if Ethereum and Cardano developers don't hurry and do something, others will eat them!
legendary
Activity: 2534
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By the time ETH2.0 will be launched (who knows when), people would have gotten used to the other blockchains with smart contracts, DEFI, NFT, POS and other features offered by Ethereum. Plus, there is that bridge that makes it easy for projects to switch between blockchains. We can use BSC and Polygon as an example of that. They're both gaining massive volume and there was even a time when BSC exceeded Ethereum's daily volume.

So will Ethereum fanatics/supporters dump competitors? Not after they've gotten used to it and enjoyed cheaper fees.
This is exactly my thinking, the process has been so slow that all the projects that have decided to come in another blockchain are not going to jump at the opportunity to join ethereum once Ethereum 2.0 comes out, whenever that is, and if anything there is the possibility that people decide to leave ethereum behind because I cannot think that such an important update is not going to come with several drawbacks for the different participants of the network.
legendary
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I think that if version 2.0 of ETH is released and works well then investors will pay more attention to ETH, surely then a large amount of capital will be poured into this coin and the price possibility of It is quite possible that ETH's opponents will decrease.
This is because ETH is still on top of every altcoins and if that update become more successful after finishing all the stages, then people will rush to buy ETH again and some altcoins will be left behind. I also see good potential with ADA but I can’t just see its way to beat ETH, maybe its better to have this both and hold, just forget about the competition with these two because they are both good to me.

we will see the performance of eth once they deployed their phase 1 of eth 2.0, and if it will satisfy their network users. til then, we cant say much as we dont know what kind of improvement it will provide in terms of gas efficiencies and such. eth is somewhat the first choice of most devs, however, it is now slowly changing because of its ridiculous gas fees. a lot of them are actually transferring to another networks, whereas, others are directly building their system in platforms like bsc or ada. if they are happy and contented about their chosen network, i guess, they will stay even if this eth 2.0 is fully deployed.
full member
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I think that if version 2.0 of ETH is released and works well then investors will pay more attention to ETH, surely then a large amount of capital will be poured into this coin and the price possibility of It is quite possible that ETH's opponents will decrease.
This is because ETH is still on top of every altcoins and if that update become more successful after finishing all the stages, then people will rush to buy ETH again and some altcoins will be left behind. I also see good potential with ADA but I can’t just see its way to beat ETH, maybe its better to have this both and hold, just forget about the competition with these two because they are both good to me.
full member
Activity: 1330
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How many time ETH has upgred their system?

I guess many times, before its increased a lot their developer has made an upgrade and it has happened when ADA was upgreding their system to shelley.

ADA and ETH is a good coin, their price will be stable because the long term investor will not move their investment when they have bought ADA or they have bought ETH.

Unless, for short term investor they will move their capital depend on the market sentiment. And this thing will not give a big thing for the market movement either ADA or ETH.
hero member
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

All else equal, definitely.

ETH is simply a more practical and established platform compared to ADA. Sure, ADA does have the academic backing and whatnot, but that does not count a single bit when you're talking about widespread adoption.

But that's not to say that Cardano will just go to 0 - it'll serve a niche for institutional investors who want to invest in evidence based solutions, imo.
copper member
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I ❤ ₿itcoin and Ethereum
Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?
I am sure when ETH2.0 is released and gas fees from Ethereum are cheap, then Ethereum will be the best again, because currently the problem for Ethereum is gas fees, so if gas fees from Ethereum are starting to be low (not as expensive as it is now ), then I'm sure that no competitor can beat or compete with Ethereum again and the price of Ethereum will definitely increase very high.
sr. member
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This can happen.
Currently a lot of investors are waiting for version 2.0 of ETH, if version 2.0 can solve the problem of transaction fees, there will be a large amount of capital poured into this coin. And if there is no new source of capital entering the market, surely investors will withdraw capital from other currencies to invest in ETH, it will cause some other currencies to fall in value.
sr. member
Activity: 2352
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

First of all, ETH will be "converted" to ETH 2.0 so it will just continue to be the same currency, but will be only improved.

In my opinion, the implementation of ETH 2.0 will have a very big impact on the price of ADA and BNB, because both projects are almost in direct competition of ETH.
I am not sure if it will cause the ADA and BNB prices to fall, but it will definitely slow them down.

As for the ETH price, after upgrading and lowering the transaction fees should skyrocketing and chase BTC very quickly.
Yes, if from July the problem of high gas charges for transactions in the ethereum network is resolved, then we can expect a rapid rise in the price of this coin, especially since autumn. Now the price of ethereum is growing very slowly precisely because of this problem, so ethereum is very underestimated. The price of this coin, taking into account the current price of bitcoin, should already be about five thousand dollars.
ADA is now growing in price also taking into account the deceleration of the ethereum price. When gas prices bounce back, ADA's price gains will slow.
legendary
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I don't think it will affect the competitors, i think it will affect the coins by itself. Is hard to say but we haven't seen a PoS coin that is a success, and this could bring some problems to ETH. And I think that's why we haven't see ETH 2.0 yet.

ADA is a good option for staking as you mention, but ETH will be the number 1 coin for staking in the future, at least it gives more than what the bank offers if you decide to save your money there.

Big changes always come with a big impact on the markets, and only time can tell us if this change was a good or a bad thing.
full member
Activity: 1316
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

First of all, ETH will be "converted" to ETH 2.0 so it will just continue to be the same currency, but will be only improved.

In my opinion, the implementation of ETH 2.0 will have a very big impact on the price of ADA and BNB, because both projects are almost in direct competition of ETH.
I am not sure if it will cause the ADA and BNB prices to fall, but it will definitely slow them down.

As for the ETH price, after upgrading and lowering the transaction fees should skyrocketing and chase BTC very quickly.
Ethereum is getting a lot of benefits after the Ethereum 2.0 update. It is also necessary to take into account the fact that a significant amount of transaction fees within the network will be burned and thus Ethereum will become a deflationary asset. According to some analysts, the amount of Ethereum burned will be an order of magnitude higher than the amount of Ethereum mined by miners. This fact will radically change the position of Ethereum in the cryptocurrency market for the better.
full member
Activity: 1204
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

First of all, ETH will be "converted" to ETH 2.0 so it will just continue to be the same currency, but will be only improved.

In my opinion, the implementation of ETH 2.0 will have a very big impact on the price of ADA and BNB, because both projects are almost in direct competition of ETH.
I am not sure if it will cause the ADA and BNB prices to fall, but it will definitely slow them down.

As for the ETH price, after upgrading and lowering the transaction fees should skyrocketing and chase BTC very quickly.
It would impact the price to go down for ADA and BNB but ETH 2.0 is not even close. Until then a lot of stuff can happen. If ETH2.0 isn't up for next year competition will take some of it's market share.
sr. member
Activity: 1221
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

First of all, ETH will be "converted" to ETH 2.0 so it will just continue to be the same currency, but will be only improved.

In my opinion, the implementation of ETH 2.0 will have a very big impact on the price of ADA and BNB, because both projects are almost in direct competition of ETH.
I am not sure if it will cause the ADA and BNB prices to fall, but it will definitely slow them down.

As for the ETH price, after upgrading and lowering the transaction fees should skyrocketing and chase BTC very quickly.
hero member
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ADA coin have going down after bitcoin crash from $58,000 become $53,000 and still not any way when bitcoin going up and raise above $60,000 again, I think not any guarantee with ADA coin have higher price if still bitcoin on lower price, just see how long bitcoin have lower price ad could back to higher price again to make ADA and other altcoin have potential break out on higher price.
- The only guarantee with ADA is that the position of the ADA does not drop too much after a long time, you can look at ripple, even if its value is pretty bad but as long as it remains in the top altcoin, it can still simply explode, it doesn't need to prove to you its worth, ADA can always do the same thing when it's still in the top coin. Ethereum's upgrade could have a value effect on competitors such as ADA but too soon to determine the outcome as this update is still ambiguous, the ADA still has plenty of opportunities to stay one step ahead
sr. member
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ADA coin have going down after bitcoin crash from $58,000 become $53,000 and still not any way when bitcoin going up and raise above $60,000 again, I think not any guarantee with ADA coin have higher price if still bitcoin on lower price, just see how long bitcoin have lower price ad could back to higher price again to make ADA and other altcoin have potential break out on higher price.
hero member
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I don't think soo... but also ETH2.0 is not so close. They have a lot of work to do until it comes alive. Until then ADA or some other can get a big share of ETH costumers.
People are thinking that they will be seeing eth 2.0 asap but they didn't aware if there is a new drama is still going on. ADA will not get any impact even when ethereum 2.0 can be fully released. Basically, when the miners agreed to update their client that was supporting EIP 1559 and the update will come very soon but miners didn't wanna agree to update their client.
Anyone should watch how this story will be going on. This is will be the same as when the miners didn't wanna implement segwit on bitcoin.
full member
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I don't think soo... but also ETH2.0 is not so close. They have a lot of work to do until it comes alive. Until then ADA or some other can get a big share of ETH costumers.
legendary
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^ They are both good investments at all but for now, we can't blame people switching into other networks just because of the high fee, small traders are trying to cut this kind of loss while you are in trading.
Yes, if there's an open opportuniies who will not run and grab it, for the meantime traders are really looking for alternative
as ERC based tokens do have a annoying transaction fees.


Quote
And the most anticipated moments of ETH when there is official v2.0 will officially launch and traders hoping that it will good for them to save the fees.

Most are anticipating that after this update good news will show up in favor of those who wait and patiently keep their assets.

Quote
Nevertheless, regarding ADA we cant speculate but probably it will remain stable. Because for now, traders and small investors has been enjoyed the BSC's projects, they making a lot of profit there.

ADA shows that each coin that have good usages will soon recieve interest from different types of investors.
hero member
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^ They are both good investments at all but for now, we can't blame people switching into other networks just because of the high fee, small traders are trying to cut this kind of loss while you are in trading. And the most anticipated moments of ETH when there is official v2.0 will officially launch and traders hoping that it will good for them to save the fees. Nevertheless, regarding ADA we cant speculate but probably it will remain stable. Because for now, traders and small investors has been enjoyed the BSC's projects, they making a lot of profit there.
sr. member
Activity: 2030
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?
Ethereum is already beating them with way too much gap. But ADA has been doing great sitting at the fourth position and followed by the next competitor at the sixth position which is Polkadot. Most of these coins were created to correct what a lot of people don’t like about Ethereum, but as usual the first is always being the first and that seems like it’s not going to change.

And it seems to me like a lot of people are waiting for the ETH 2.0 to be released, the way I have been seeing it trend, and when that happens a lot of them are definitely going there. But that doesn’t mean that it’s the end for the other coins like ADA and Polkadot, they are still going to be there and nothing will happen to them, no matter the position they stands at.
legendary
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https://bitcoincleanup.com/
By the time ETH2.0 will be launched (who knows when), people would have gotten used to the other blockchains with smart contracts, DEFI, NFT, POS and other features offered by Ethereum. Plus, there is that bridge that makes it easy for projects to switch between blockchains. We can use BSC and Polygon as an example of that. They're both gaining massive volume and there was even a time when BSC exceeded Ethereum's daily volume.

So will Ethereum fanatics/supporters dump competitors? Not after they've gotten used to it and enjoyed cheaper fees.
legendary
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Maybe, the main reason why people switching over another blockchain was the gas price if it gets resolved people would just go back to using ERC20 etc because they are used to it.
But, I doubt those ETH competitiors gonna get dumped so hard, maybe those coins gonna just lose small fraction of price and trading volume but I think they gonna be fine, after all it's better to get all the defis and tokens distributed to many blockchains so it's not too centralized in ETH blockchain.
It is unlikely, all the projects that have decided to move to another network are probably not going to ever go back as it will be a complete pain to do it, what it could happen is that the interest of new projects on coming above the ethereum network could increase, but it is not going to be something that happens immediately, after all there is a lot of dissension, it seems the miners do not like this upgrade at all and they could challenge it with one of their own.
legendary
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ADA will not get any impact on the implementation of POS to the ethereum and it will make its users that already exodus to the BSC and AVAX come back again to use ethereum. I rarely seen that ethereum users that migrate to the ADA consider it's not compliant with ethereum address and it's different than AVAX, BSC or RSK that compliant with ethereum address.
You can connect your ethereum address to another mainnet. Just know if this will become the main point.
legendary
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I can't state categorically that ADA and and other supposedly eth competitors will dump just cause eth is launching eth 2.0, if they are going to dump, it'll most prolly be due to some other reasons with their ecosystem, but what's pretty certain is that eth is going to continually do better than them, alluring more investors with it's community of investors expanding.

Eth 2.0 is yet to be out, but eth is still doing so many good things on the alt network, eth doesn't even need 2.0 to be better than other competitors, but what eth 2.0 is going to do for the network is give it more hype, more investors and a pretty high price, all these could make eth go so far ahead of other coins in the altcoin market and they'll struggle to catch up.
full member
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Cardano (ADA) will probably remain strong alongside Ethereum (ETH) even with the complete release and implementation of Ethereum 2.0. I also have both Cardano (ADA) and Ethereum (ETH) in my portfolio but a lot more of ETH than ADA. Ethereum (ETH) is generally superior than Cardano (ADA) but in terms of fees and certain features Cardano (ADA) may be better. But Ethereum (ETH) has got the name and a huge body of followers, users, and supporters not just of its coin but also of its network.
I also have both. but with a different comparison. I have more ADA than ETH. because I missed the ETH train starting the pump, I decided to prefer ADA. and I have benefited this time.
the planning for ETH 2.0 is going to take a while. and in that time of development ETH may get a correction. if you want to invest in ETH, I think it will be better for the long term. at least until 2.0 is completely implemented.
hero member
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the majority of ethereum users were migrating to the BSC and ada was only getting small users from there.
For your consideration, that majority users you have mentioned is using bsc only for transactions, not a true believers. Eth still have big trading volume and massive holders.



No matter how high the eth price after the eth2, all these competitors have their own value. Their technology and innovations is the only things will determine their value.
legendary
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I dont think anyone else can totally move on using ethereum network. We all knew that eth is a powerful smart contract platform and been widely used eversince. Now that eth is 2.0 is coming out, I'm sure many will get trigger again and put all their money with it. But of course the rise of other dex on other blockchain can also be a great rival but I'm sure eth will always prevail as it display a great innovative approach on blockchain industry.
sr. member
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Cardano (ADA) will probably remain strong alongside Ethereum (ETH) even with the complete release and implementation of Ethereum 2.0. I also have both Cardano (ADA) and Ethereum (ETH) in my portfolio but a lot more of ETH than ADA. Ethereum (ETH) is generally superior than Cardano (ADA) but in terms of fees and certain features Cardano (ADA) may be better. But Ethereum (ETH) has got the name and a huge body of followers, users, and supporters not just of its coin but also of its network.
hero member
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None of them will be getting dumped that is for sure. Majority of Ethereum users are switching to BSC because of high transaction fee but they are not dumping Ethereum. ADA is a good project but since it is cheap people are investing in it and therefore you can see a pump in its price. Watchout for BNB it might get pumped hard this year.

P.S - I am not promoting BNB.
TWW
full member
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if you already have both then keep it. I hope your planning is for the long term. even if the price drops, believe ETH and ADA will benefit you in the long run.
ethereum 2.0 is still long enough to finish. and when all the updates are finished I'm sure ETH can fix all the problems we are currently experiencing. This is a market that is currently dominated by Binance because many Ethereum chain projects have moved to the Binance smart chain.
hero member
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Yes ADA will be dumped and most probably some of the holdings they got, they may even dump their BTC for ETH. But it will also be bought up by the ones who wanted it cheap. ETH2 will come out months later so the price today of Ada and Polkadot is still cheaper.

Don't think ADA won't have plans too, they might just release something else while ETH2 is about to come. You'll be caught up between and choosing one will be like choosing the losing side.
sr. member
Activity: 1106
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?
A good investment is a win-win situation for you since, they are both competing, there is a good chance they will try to make improvements, to become better, and its good news for those who hold both coins, right now Cardano is making improvements while Eth is also trying to launch Eth 2.0, with the gas fee making it hard for ethereum community Cardano has the upper hand.
legendary
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Maybe, the main reason why people switching over another blockchain was the gas price if it gets resolved people would just go back to using ERC20 etc because they are used to it.
But, I doubt those ETH competitiors gonna get dumped so hard, maybe those coins gonna just lose small fraction of price and trading volume but I think they gonna be fine, after all it's better to get all the defis and tokens distributed to many blockchains so it's not too centralized in ETH blockchain.
legendary
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Or will they remain stable at least?

I think they won't be affected if ever Eth2.0 comes out, the hype has died down a bit because of so many delays that's why competitions are taking it to Ethereum right now, like ADA, BNB.

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

There are pros and cons for every coins out there, good that you hold both. ADA in the last 6 months is really gaining some ground and really making good profits for it's early investors. So continue to stack both of them because we are still in the bull run. Regardless of the competition, you will be the winner at the end of the day.
hero member
Activity: 2632
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?

Good question.

I think it still base on how on the much anticipated ETH 2.0 will be roll out, will it solve the current issue of high gas fees? So for now it's hard to answer, but I'm guessing that there might be some ADA or other competitor investors to move and shift to Ethereum to make profits out of the hype around ETH 2.0. And then they can go back to ADA or stick with Ethereum. So 50/50 for now.
hero member
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Or will they remain stable at least?
They will remain stable and no reason for the dump to happen with ada. the majority of ethereum users were migrating to the BSC and ada was only getting small users from there.


I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?
You should not be worried about this dude. There's no exact date about when eth 2.0 will be coming out.
ADA is a new platform and the new platform will always learn the problem that faced by the old platform.
member
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Or will they remain stable at least?

I think I like ADA anything better than what Eth can bring out. However I hold both. I started out with more eth but have just been stacking ADA because I like staking it for passive income.

You guys have any thoughts on this?
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