Analyst Explains Why Holding Cardano (ADA) Could Become More Profitable Than Ethereum (ETH)

Crypto Crow shares his insights on why he believes Cardano (ADA) is a more promising investment than Ethereum (ETH).

A popular crypto YouTuber has shared his thoughts on why he believes Cardano (ADA) is a more promising investment than Ethereum (ETH). Crypto Crow shared his views on another YouTuber’s analysis, which he largely agreed with. The analyst began by stating that he does not own any Ethereum and has no plans to, describing the platform as “archaic” and “out of date.” He compares ETH to Blockbuster and ADA to Netflix, suggesting that Cardano represents a more modern and innovative approach to blockchain technology.

Cardano vs. Ethereum Market Potential

Crypto Crow went on to argue that Cardano has significant growth potential compared to ETH. He noted that if Cardano were to reach a price of $10, its market cap would be around $360 billion, which is still lower than Ethereum's all-time high of approximately $560 billion. He suggested that a 27x increase for Cardano is possible, while a similar increase for ETH would result in an implausible market cap of $7.7 trillion, which would surpass the combined market caps of Apple and Tesla and exceed the GDP of the United Kingdom in 2022.

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Scalability and TechnologyThe analyst also critiqued Ethereum’s scalability and high gas fees, positioning Cardano as the more technologically advanced option. He emphasized that Cardano is designed to be more scalable and future-proof, while Ethereum continues to struggle with its existing issues. To illustrate this point, he compared ETH to a Nokia phone and Cardano to an iPhone, suggesting that Cardano offers a more advanced user experience.

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Development Differences: Charles Hoskinson’s Departure from EthereumCrow also highlighted the departure of Charles Hoskinson, a co-founder of Ethereum, who went on to establish Cardano. He suggested that Hoskinson’s exit was due to fundamental disagreements with Vitalik Buterin regarding Ethereum’s direction, with Hoskinson advocating for a more commercially oriented approach. The speaker seemed to interpret Hoskinson’s decision as an indication that Cardano might have greater long-term potential.

Criticism of Ethereum’s EcosystemAlthough Ethereum is supported by a large ecosystem, Crypto Crow dismissed its relevance at this point in time. He criticized Ethereum’s high gas fees, which he believes make it impractical for developers, especially in emerging areas like Artificial Intelligence (AI). According to him, Cardano is a more logical choice for developers in these fields due to its lower fees and superior scalability.

Cardano’s Strengths: Decentralization and Future PotentialStrengths of Cardano were also highlighted, including its decentralization, especially following the Cheng hard fork, which, according to the speaker, has made Cardano the most decentralized blockchain. They also emphasized Cardano’s commitment to scalability, interoperability, and security, viewing it as a blockchain that is being built for the future with all critical elements being addressed.

Ethereum is still seen as important and not “dying,” but Cardano is described as a “monster” that will eventually outshine Ethereum in many ways.

Comparisons to Other BlockchainsThe speaker also briefly touched on how Ethereum and Cardano compare to other blockchains like Solana, highlighting Cardano’s decentralization versus Solana's more commercial approach. They suggested that Ethereum has too much focus on the past and is not addressing its inherent flaws effectively, such as high gas fees and ongoing scalability issues.

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