Could a $10,000 Investment in Cardano Turn Into $1 Million by 2035?

A multitude of digital currencies exist today, surpassing expectations many had set. While the majority of these cryptocurrencies may not be suitable for investment due to lacking a distinct purpose, there is a collection that piques interest. This doesn’t guarantee their success, but they are certainly worth exploring further.

In this category, we find Cardano (ADA), a token that functions independently on its network, boasting numerous appealing features. Since its debut in 2017, Cardano has experienced an impressive growth of over 630% as of July 17. With such rapid progression, one might wonder if a $10,000 investment in the token could potentially surge to a value of $1 million by 2035.

A very strong technical network

Cryptocurrencies don’t always have their own individual networks. In fact, some are constructed on existing networks, and Ethereum is currently the most prominent among them. However, Cardano stands out as it operates its own cryptocurrency network, and it’s one of the rare ones that employs a proof-of-stake (PoS) consensus mechanism. This unique network has attracted a significant number of developers who are now busy building decentralized applications on it.

Multiple significant blockchain platforms, such as Ethereum, transitioned to Proof-of-Stake (PoS) after recognizing that the original proof-of-work consensus method employed by Bitcoin had grown extremely energy-consuming. In PoS systems, the network randomly chooses ADA token owners for validating and creating new blocks. Those who put more tokens at stake have a higher likelihood of being chosen.

Alongside its Point of Sale (PoS) functionality, Cardano stands out for its high transaction processing capacity, a trait that sets it apart from most blockchain networks. For example, Bitcoin manages around 7 to 10 transactions per second. To grow and function effectively as a major payments infrastructure, a network should ideally handle many transactions. Currently, Cardano is capable of processing approximately 250 transactions per second, as reported by several sources.

However, the network’s capabilities are vastly underutilized. A few years past, the innovators behind Cardano developed a Layer-2 solution known as Hydra. This innovation essentially enables transactions to be processed off-chain, or “Hydra Heads,” enhancing the network’s efficiency and scalability. Intriguingly, earlier this year, Cardano successfully handled one million transactions per second (TPS) during a gaming event, thanks to Hydra. This TPS achievement represents a substantial milestone within the cryptocurrency sector.

A potential drawback with Cardano is its substantial circulation supply, which isn’t necessarily beneficial compared to other cryptocurrencies. As per CoinMarketCap, there are currently 35.4 billion Cardano coins in circulation, and a maximum of 44.99 billion can ever be produced. The key issue lies in the time it may take to decrease the supply to a level that offers an appealing balance between supply and demand – a characteristic that many investors appreciate in Bitcoin due to its limited supply of only 21 million coins.

Can Cardano grow 10-fold during the next decade?

In simpler terms, when asked the value of cryptocurrencies in a manner similar to a question with 10 parts, I can’t provide a definitive answer because their value isn’t established like traditional companies due to lack of cash flow or earnings. Additionally, there are few reliable methods to determine their worth.

Long-term price predictions can be a risky venture, I’d advise crypto investors to focus instead on coins with robust technical infrastructure or practical applications. Cardano is an example of such a coin, boasting a solid network structure with its Proof of Stake model and high transactions per second processing capacity.

Considering the presence of numerous robust blockchain networks and limited effective methods for evaluating a token’s total market capitalization, it would be prudent for investors to exercise caution. Much like many cryptocurrencies, Cardano has shown volatility, making a more modest, speculative investment advisable at this time.

2025-07-22 13:26

A very strong technical network

Can Cardano grow 10-fold during the next decade?

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