50 fintech executives predict Cardano trading above $ 0.60 by the end of 2022

There has been much speculation about the price of the Cardano (ADA) and what it will be traded for by the end of 2022, especially in light of the promising upcoming Vasil hard fork.

In particular, the consensus of 53 cryptocurrency and Web3 fintech experts predicts that the price of Cardano will trade at $ 0.63 by the end of 2022, downgraded from $ 2.79 in their previous January forecast. Looking further down the road, the panel believes that the ADA will close 2025 to $ 2.93 and 2030 to $ 6.54, according to the results of a Finds poll shared with Finbold July 15th.

Before the market crash in January, the expert group predicted that the ADA would close in 2022 at $ 2.79, which is now closer to their forecast for the coin’s estimated value in 2025.

In addition, they expect a significant drop in value over the next decade. The current forecast for 2030, which is $ 6.54, is far more cautious than the January 2022 forecast, which was $ 58.04 for that year.

Expert opinion

Paul Levy, a senior professor at the University of Brighton, predicts that the value of the ADA will be worth $ 0.5 by the end of the year and $ 5 by the end of 2025.

“As a natural sign of a proof-of-stake blockchain with some solid inventor foundations, there is still a lot of potential in Cardano to challenge and even take over Ethereum. Proof of effort is probably the future of most, if not all, crypto Cardano, despite current volatility, is well positioned, he said.

Meanwhile, 26% of the panel believe that the time has come to sell ADA, while another 26%, including the creator of PLAYN, believe that the time has come to buy ADA. The “strong adoption, expanding features and a careful management team that takes quality first” are the reasons why he thinks it will reach $ 1.50 in December.

According to 51% of the panel, Cardano’s utility value will increase due to the Vasil hard fork upgrade. While 37% of the panel expect that this will result in an increase in the price of ADA.

However, one in five (20%) of the panelists believe that this will lead to a price increase in the long term, while only 17% believe that this will only be an increase in the short term.

Fintech specialists split over Cardano

Dr. Dimitrios Salampsis, director of Swinburne University of Technology, believes that Vasil Hard Fork will provide efficiency and optimization as a result of the increased amount of data that will fit into every smart contract transaction.

“This is expected to improve the speed of transactions and settlement and reduce transaction fees (compared to high gas fees in Ethereum). In addition, I believe that Vasil Hard Fork will increase utility and increase more innovative projects by using smart contracts.”

However, Kevin He, Chief Operating Officer of Cloudtech Group, believes that the Vasil hard fork will result in an immediate price drop based on observations of the price of other tokens after a fork.

In addition, he is a member of the minority of 17% of those who believe that Cardano’s competitive advantage gained by Vasil Hard Fork would be useless if Ethereum’s cut takes place.

“Cardano’s advantage of fast transactions will no longer exist after the launch of ETH 2.0. And due to the efficiency problem of the development team that makes Cardano lag far behind other competitors in terms of smart contracts and dapp compatibility, combined with the bear market, we are not optimistic about the value of Cardano in the future.

More than a third of the panelists, or 37%, disagree with He’s assessment, and the remaining panelists are unsure whether Cardano will retain its competitive advantage in the future (46%).

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