Cardano (ADA) Price Prediction
Cardano is a smart contract platform, similar (competitor) to Ethereum (a decentralized platform on which decentralized applications can be built). The internet was the first decentralized communications platform. On “top” of the internet infrastructure were built centralized applications (i.e. websites, etc.). Centralized applications (meaning controlled by a “trusted” party) are vulnerable and limit functionality. Cardano, like Ethereum, is a platform whereby the drawbacks of centralized applications can be mitigated, and an entirely new ecosystem developed with radically different and exciting functionality. The native crypto asset on the Cardano platform is ADA, which allows for the Cardano platform to function. ADA increases in value as on-platform activity increases.
Download the Cardano Price Prediction report to gain insights on whether a Cardano (ADA) investment is right for your portfolio. ADA price target included.