Cardano (ADA) Founder Charles Hoskinson Predicts the Network Will Surpass Bitcoin (BTC) and Ethereum (ETH) in 10 Years

Cardano founder Charles Hoskinson is quite confident of what the Layer-1 blockchain network can achieve in a few years.

Cardano (ADA) founder Charles Hoskinson has expressed optimism about the Layer-1 blockchain network's future achievements. Speaking at the fourth annual Cardano Summit 2024 community event in Buenos Aires, Argentina, Hoskinson highlighted the network's growth over the past seven years. He stated that Cardano will reach the milestones achieved by Bitcoin (BTC) and Ethereum (ETH) within the next 10 years.

Cardano's Strategic Future VisionHoskinson acknowledged the network's scaling to an 11-figure network, gathering millions of users, and becoming the largest research group in the world. He noted that these achievements will be further amplified by major governments running on the Cardano network infrastructure, increasing the network's trust and use cases.

This strategic vision marks a significant move for the Cardano ecosystem and the broader crypto community. As both Bitcoin and Ethereum have played pivotal roles in shaping the crypto landscape, Cardano's aspiration to attain their level of success will be closely watched by many.

ADA Price Enters Bull SentimentThis projection comes shortly after a discussion on crypto X regarding the flexibility of Cardano smart contracts compared to Ethereum's. While the Cardano protocol has been known for its rigidity in processing user instructions, Hoskinson highlighted an upcoming upgrade that will enhance the network's composability, among other features.

Meanwhile, the ADA price is showing signs of positive sentiment. The coin has seen a price increase of over 2% in the past 24 hours, currently trading at $0.355. This puts the altcoin at an earlier predicted resistance level, with a possible push toward $0.4.

Should the bull momentum continue, ADA may experience a surge to its 52-week high amid the Uptober rally sentiment.

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