The founder and CEO of Cardano (ADA), Charles Hoskinson, believes that his cryptocurrency will surpass Bitcoin(BTC) and Ethereum (ETH) in just one year. Mr. Hoskinson provided feedback immediately after ADA achieved the seventh position by market capitalization within the cryptocurrencies market.
While almost all the crypto coins are trading green, as we speak, the tumultuous period recorded in January-February has not been fully reversed, to date. Thus, the dissipated gains have not been recouped, just yet.
The Cardano (ADA) devs have mainly concentrated on upgrading the crypto’s technology. Ethereum (ETH) and Bitcoin (BTC) are in the lead thanks to their huge market caps but ADA is going to come from behind and overcome these two cryptocurrencies, according to Charles Hoskinson.
Bitcoin is advertised as a payment system and a means of exchange, and so everyone who has tried to use it for that has been a miserable failure. They usually stop taking it, or find ways to take cash, and through a creative structure like the one Bitpay has made. Ethereum claims to be a global computer, but then CryptoKitties breaks it down.
Charles Hoskinson, Cardano (ADA) CEO
Cardano (ADA) will be observed as the only scalable and secure cryptocurrency, hopes Hoskinson
ADA’s CEO is pretty sure that the capabilities of Cardano (ADA) to reach from a milestone to the next one on its roadmap is one of the advantages of the network and will be noticed as an important feature by the crypto enthusiasts.
When it comes to security, Charles Hoskinson also said that investors would feel safer to invest in a cryptocurrency which possesses best and well-established protocols in the market, such as ADA has.
We don’t know if Cardano (ADA) will indeed surpass Bitcoin (BTC) and Ethereum (ETH) in just one year but, in the meantime, we know that, at the moment of this article, ADA is trading at $0.25, recording a 4.08% increase in the last 24 hours.