the blockchain Cardano Will Cardano (ADA) overtake market leader Bitcoin? That’s the vision for the future that Cardano (ADA) creator Charles Hoskinson has expressed in a recent statement. The ADA founder has once again reaffirmed his vision for the continued growth of blockchain in the coming years.
In a recent statement, Charles Hoskinson highlighted his belief that in a few decades, the Cardano blockchain could surpass Bitcoin. The terms mentioned for ADA’s rise were popularity and importance of the network.
For Hoskinson, many governments around the world may even use the Cardano blockchain technology in running their respective systems. If governments start using Cardano, it could boost greater confidence in digital currencies.
It is worth remembering that, in August, Hoskinson had already outlined his future vision that the cryptocurrency Cardano (ADA) should surpass Bitcoin (BTC) in the future and become the largest cryptocurrency on the market.
Hoskinson’s vision was highlighted in a recent interview with Altcoin Daily. In the interview, the ADA creator highlighted his bold views on the future of the Cardano cryptocurrency in relation to Bitcoin.
For Hoskinson, Cardano will not only compete with Bitcoin but will eventually surpass the asset as the largest cryptocurrency on the market.
Cardano currently ranks 11th in the overall cryptocurrency rankings, registering a market capitalization of $12.725.190.016. In contrast, the market leader, Bitcoin has a market value of $1.334.359.013.712.
At press time, Cardano’s price is trading at $0,3565, up 0.3% over the past 24 hours. Cardano (ADA) trading volume is $362.322.153 over the past 24 hours, representing a 59,40% increase from a day ago and signaling a recent surge in market activity.
The highest price paid for Cardano (ADA) was $3,09, recorded on September 2, 2021 (approximately 3 years ago). Comparatively, the current price is 88,45% lower than the cryptocurrency’s all-time high.