In a notable turnaround, popular crypto influencer and entrepreneur Alex Becker has declared Cardano’s network “fast as hell” while predicting ADA could surge to between $4 and $5 amid accelerating technological advancements and strengthening fundamentals. 

This represents a complete reversal for Becker, who previously dismissed Cardano as a “ghost chain” due to its relatively modest Total Value Locked (TVL) of approximately $301 million, a fraction of Ethereum and Solana’s multi-billion-dollar ecosystems.

“Cardano was one of my biggest buys on February 2nd and 3rd,” Becker revealed earlier this week, indicating his newfound confidence in the cryptocurrency. Notably, his current price prediction represents a potential increase of 550% to 700% from ADA’s price of around $0.62 at the time of writing.

Notably, Becker’s changed perspective coincides with significant technical advancements on the Cardano blockchain. The network has been making substantial progress with its Leos upgrade, which Charles Hoskinson, Cardano’s founder, claims “is going to make us one of the fastest” blockchains in the space.

The evolution of Cardano’s capabilities through its methodical development roadmap has transformed the project from what Becker previously labeled a “ghost chain” into what he now considers “the most decentralized reasonable chain next to Ethereum.”

A key development attracting renewed attention is Cardano’s UTXO-based architecture, which positions it uniquely for Bitcoin DeFi integration. 

“Bitcoin DeFi is going to open up a $2 trillion opportunity, and Cardano is going to be the crossroads for the UTXO DeFi ecosystem,” Hoskinson stated in a recent public appearance.

Notably, the Cardano ecosystem has been steadily expanding its technological infrastructure despite market downturns. The implementation of smart contracts through the Alonzo upgrade has enabled a growing DeFi ecosystem, while the Vasil hard fork has enhanced the network’s scalability and script performance. These improvements have addressed previous criticisms regarding transaction speed and developer experience.

Another significant development is Cardano’s progress on interoperability solutions. The blockchain’s work on sidechains and cross-chain communication protocols has strengthened its position as a potential hub for multi-chain applications, addressing one of the critical requirements for widespread blockchain adoption.

Becker’s bullish stance on ADA also mirrors growing institutional recognition, with Cardano recently named among the top five cryptocurrencies being considered for America’s crypto stockpile by the White House Crypto Working Group.

Elsewhere, analyst Dan Gambardello of Crypto Capital Venture supports this positive outlook, suggesting ADA could potentially reach $10 based on its technological superiority.

“Cardano is far superior technology ,and I think with all of these things coming together could very well hit $10 if not surpass $10,” he noted in a recent analysis.

ADA was trading at $0.6226 at press time, reflecting an 8.49% drop in the past 7 days.

In a notable turnaround, popular crypto influencer and entrepreneur Alex Becker has declared Cardano’s network “fast as hell” while predicting ADA could surge to between $4 and $5 amid accelerating technological advancements and strengthening fundamentals. 

This represents a complete reversal for Becker, who previously dismissed Cardano as a “ghost chain” due to its relatively modest Total Value Locked (TVL) of approximately $301 million, a fraction of Ethereum and Solana’s multi-billion-dollar ecosystems.

“Cardano was one of my biggest buys on February 2nd and 3rd,” Becker revealed earlier this week, indicating his newfound confidence in the cryptocurrency. Notably, his current price prediction represents a potential increase of 550% to 700% from ADA’s price of around $0.62 at the time of writing.

Notably, Becker’s changed perspective coincides with significant technical advancements on the Cardano blockchain. The network has been making substantial progress with its Leos upgrade, which Charles Hoskinson, Cardano’s founder, claims “is going to make us one of the fastest” blockchains in the space.

The evolution of Cardano’s capabilities through its methodical development roadmap has transformed the project from what Becker previously labeled a “ghost chain” into what he now considers “the most decentralized reasonable chain next to Ethereum.”

A key development attracting renewed attention is Cardano’s UTXO-based architecture, which positions it uniquely for Bitcoin DeFi integration. 

“Bitcoin DeFi is going to open up a $2 trillion opportunity, and Cardano is going to be the crossroads for the UTXO DeFi ecosystem,” Hoskinson stated in a recent public appearance.

Notably, the Cardano ecosystem has been steadily expanding its technological infrastructure despite market downturns. The implementation of smart contracts through the Alonzo upgrade has enabled a growing DeFi ecosystem, while the Vasil hard fork has enhanced the network’s scalability and script performance. These improvements have addressed previous criticisms regarding transaction speed and developer experience.

Another significant development is Cardano’s progress on interoperability solutions. The blockchain’s work on sidechains and cross-chain communication protocols has strengthened its position as a potential hub for multi-chain applications, addressing one of the critical requirements for widespread blockchain adoption.

Becker’s bullish stance on ADA also mirrors growing institutional recognition, with Cardano recently named among the top five cryptocurrencies being considered for America’s crypto stockpile by the White House Crypto Working Group.

Elsewhere, analyst Dan Gambardello of Crypto Capital Venture supports this positive outlook, suggesting ADA could potentially reach $10 based on its technological superiority.

“Cardano is far superior technology ,and I think with all of these things coming together could very well hit $10 if not surpass $10,” he noted in a recent analysis.

ADA was trading at $0.6226 at press time, reflecting an 8.49% drop in the past 7 days.