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Here’s What Cardano Price Could Be If Hydra Scaling Unlocks 1M TPS

thecryptobasic.com

2 hour ago

Here’s What Cardano Price Could Be If Hydra Scaling Unlocks 1M TPS

Following the release of the latest version of Cardano Hydra scaling solution, several entities believe the upgrade could positively influence ADA price over the long term. Cardano (ADA) is still attempting to recover from the massive bloodbath that rocked the broader crypto market on October 10. The sharp downturn came after President Donald Trump announced plans to impose an additional 100% tariff on goods imported from China. This sparked fears of a renewed trade war and fueled a widespread sell-off across global markets, including cryptocurrencies. Amid the panic, Cardano, which had reached a 24-hour high of $0.8227 on October 10, plunged to a low of $0.3330, marking a staggering 59% decline in a single day. This milestone has sparked renewed optimism within the Cardano community, with many believing that achieving similar performance on the mainnet could significantly enhance scalability and drive wider adoption of decentralized applications (dApps). Potential Price of Cardano if Hydra Unlocks 1M TPS and Real dApp Adoption Building on this enthusiasm, we consulted two different AI models, ChatGPT and Gemini, to explore potential scenarios for ADA price if Hydra successfully delivers 1 million transactions per second (TPS) on the Cardano mainnet and accelerates the growth of decentralized applications. ChatGPT Analysis Leading chatbot ChatGPT issued its prediction under three different scenarios: base, optimistic, and highly optimistic cases. The base case considers a scenario where Hydra under-delivers and does not drive the adoption of dApps. If this happens, ChatGPT emphasized that ADA would follow its usual growth trend and only spike to the range of $1.20 – $1.80, representing growth of 85-177% from the current price of $0.6485. In the optimistic scenario, ChatGPT estimated that Cardano price could spike to around $2 – $3 if the Cardano scaling solution unlocks 1 million TPS and moderate dApp adoption. From its current price of $0.6485, ADA would need to rally 208% to reach $2 and 362% to reach the $3 target. In the highly optimistic scenario, ChatGPT pegs the estimated price range at $3 – $5. Reaching the $5 target demands a rally of 671% from the current level. The assumption fueling the prediction is that Hydra, along with other upgrades, would help Cardano become one of the most dominant smart contract platforms, potentially attracting significant external capital and user growth to fuel the rally. ChatGPT ADA Prediction Gemini Forecast However, Google’s AI model Gemini issued a more bullish forecast. According to Gemini, the price of Cardamo could spike to between $5 and $10 if Hydra scaling achieves 1 million transactions per second, alongside strong dApp adoption. Notably, it suggested that the price of ADA could surpass $10 under a sustained bull market cycle. To reach the peak price, ADA would need to rise 1,442% from its current level. Gemini ADA prediction

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