Cardano (ADA) is a relatively new player in the market and it’s already managed to make a name for itself. Launched in 2015, this coin has been on the rise from day one and has been able to hold its own against all other coins. Plus, with a market cap of $50 billion and going up, this is one of the coins you should definitely watch.
Cardano aims to tackle some of the most critical issues with Ethereum. The coin was founded by the co-founder of Ethereum, Charles Hoskinson, but with a different vision. Charles at one point was the CEO of Ethereum but was removed because his vision of Ethereum was to make a commercial product, rather than a non-profit.
Cardano tries to fix issues like scalability, fees and other problems that are plaguing Ethereum. By fixing the user experience that has caused Ethereum problems, Cardano wants to become the de facto smart contract enabled blockchain.
With all of these features, Cardano aims to offer a secure platform for smart contracts that people can use from different parts of the world. In this way, it aims to make smart contracts more mainstream.
With a promising team and a dedicated community of followers, Cardano is backed by a strong support system. The price of this coin is expected to shoot up in the coming months, so if you’re looking to invest in some coins, Cardano may be what you’ve been looking for.
