Cardano: Finder.com’s Panel of FinTeh Experts Expects $ADA Price To Hit $58 by 2030

Comparison website Finder.com‘s latest Cardano ($ADA) price prediction report contains forecasts for the end of 2022, 2025, and 2030, which are based on forecasts provided by 17 members of a 33-member panel of FinTech specialists surveyed from 6 to 17 January 2022.

Finder.com’s “Cardano price prediction 2022” report, which was (at the time of writing) last updated on February 17, offered the following $ADA price predictions for the end of 2022, 2025, and 2030.

These were the members of their panel of FinTech experts:

Vanessa Harris, Chief Product Officer at Permission, who expects $ADA to reach nearly $3 by the end of this year, had this to say about Cardano:

“It is one of the few smart contract platforms that have placed security, correctness [and] decentralization at their core, backed by formal methods and peer-reviewed research. While this means Cardano moves more deliberately in the short term, long term this resilience should support adoption by nation-states and non-governmental organizations. We are already seeing this adoption happen in Ethiopia and Tanzania.“

Bilal Hammoud, President & CEO at National Digital Asset Exchange (NDAX), stated:

“ADA is one of the most underrated assets – as the smart contract and DeFi stabilise, we should see many projects migrate to it.“

When asked what had caused $ADA’s price drop since Cardano’s Alonzo upgrade, here were the responses provided by 24 members of the panel:

Earlier this month, Kraken released a 42-page highly impressive research report, which is titled “Cardano: A new generation in smart contract platform design”, was released a couple of days ago. After the introduction, the report examines Technology, Web3 Ecosystem, and Network Growth & Adoption.

Here are some key highlights from Kraken’s report:

  • “Importantly, Cardano is very much a value-driven project, emphasizing community governance, academic peer-review, and the importance of high assurance programming.“
  • “Cardano’s values have noticeably directed the project’s developments and design decisions, and as a result, the blockchain looks like it has been designed with the purpose and standards of providing decentralized, global, financial infrastructure rather than only focusing on providing a Web experience.“
  • “With ambitious goals, Cardano recognizes the necessity for their infrastructure to run correctly the first time it runs. This is in contrast to a ‘launch now, fix as we go’ philosophy employed by many Silicon Valley development teams.“
  • ““ronically, despite the ‘Ethereum Killer’ label, Cardano is actually far more reminiscent of Bitcoin, particularly with respect to its tokenomics, consensus protocol, and accounting style.“
  • “Cardano’s design is fundamentally unique among most of its peers particularly as its design closely reflects a PoS-based, smart contract-enabled version of Bitcoin, due to the design of its base protocol and accounting model, rather than an iteration on Ethereum.“
  • “… Cardano adopted Haskell in an effort to build a product with unmatched advantages in reliability and security and to position itself as a viable solution for institutional-grade, global financial infrastructure.“
  • “Cardano saw a massive uptick in adoption starting late 2020 and throughout the course of 2021… Cardano underwent exponential growth in nearly every adoption metric listed, both on-chain and off-chain. There are now nearly 3 million wallets (1348% annual growth) on the network and over I million delegated wallets (870% annual growth).“

Disclaimer

The views and opinions expressed by the author, or any people mentioned in this article, are for informational purposes only, and they do not constitute financial, investment, or other advice. Investing in or trading cryptoassets comes with a risk of financial loss.

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