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Price Prediction

Cardano Crown from Ethereum is called in Core Development

The cause of confidence

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Cardano Ethereum has exceeded the central developer activity, a dramatic turn that opposes its long position as a “ghost chain”. The development has indicated new optimism among investors Cardano price You may soon encounter great increases.

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The numbers of developers reflect the shocking face

According to the data Cryptometheus platform, Cardano is now ranked first in Blockchain development with 21439 GitHub committed over the past 12 months. These obligations extend 550 main warehouses, putting Cardano advanced on Ethereum’s 20,962 in the same period.

Data indicates activity in 12 basic projects Cardano, where the broader ecosystem shows 36 projects. This wave of developments has pushed an activity in 4,276 warehouses of Gitap, providing concrete guide to countering accusations that Cardano is not used in the real world.

source: Cryptometheus

Ethereum faces increasing competition

Ethereum ranking in second place is what some refer to as a “overwhelming year” of the network. The backward network comes in terms of developers numbers at a time when you expect the founder of Cardano Charles Hoskinson that Ethereum will collapse by 2040.

Hoskinson cited several reasons for his prediction: old technology, layer 2 solutions, and a decrease in developer sharing. This criticism comes in a sensitive moment since then ethereum It is also struggling with the Internet computer, which is currently ranked third in the developer’s activity.

ETAREUM has set a new vision to expand its 1 -layer capacity, which can reflect the direction of disengagement of developers.

source: Cryptometheus

Price predictions follow the success of development

Cardano Cryptocurrency, ADA, is traded at $ 0.69 and appears to maintain decisive support levels. This stability, in addition to the rise in the activity of the developer, prompted analysts to expect a significant increase in prices.

Talken Talk analyst suggests that ADA may notice a 100 % jump to $ 1.20 -1.30 dollars in the current market cycle. Looking further, the analyst estimates a potential value of $ 10 by 2029.

Technical indicators also support short -term optimism. Golden Cross Pattern has traders looking for a single dollar level, with about $ 20 million from ADA has recently transferred the stock exchanges – it is widely considered a bullish mark.

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Ada Market Cap is currently at $ 24 billion. table: Tradingvief.com

Strategic partnerships growth of the ecosystem for fuel

Cardano is making efforts to expand its ecological system through strategic alliances, such as the next integration with XRP for lace wallet. As I mentioned, the coalition aims to define mutual gains for both Blockchain networks.

The coalition will look forward to improving prices for both symbols in addition to increasing the realistic uses of both ecosystems. This step is compatible with the comprehensive Cardano voltage to increase adoption and use on its platform.

For Cardano lovers, the convergence of the best scales of developers, strategic cooperation, and rising price indicators, conveying that the project may finally raise the stigma of “ghost chain”.

Distinctive image from Techbuild Affrica, tradingView graph

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