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Home Ethereum

How Cardano may be staging the most surprising Layer-1 takeover of the decade

April 30, 2025
in Ethereum
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How Cardano may be staging the most surprising Layer-1 takeover of the decade
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  • Cardano surpasses Ethereum in developer activity, with over 21,000 GitHub commits in 12 months.
  • Hoskinson doubts Ethereum’s longevity, predicting migration to Bitcoin DeFi and other networks.

While debates often center around the Solana [SOL] vs. Ethereum [ETH] rivalry, Cardano [ADA] has quietly made a powerful statement of its own.

Recently, it surpassed Ethereum in core developer activity — an unexpected shift that’s reigniting investor interest in a project once dismissed as a “ghost chain.”

Long seen as underwhelming compared to its high-profile peers, Cardano’s newfound momentum is challenging old narratives and signaling that a major price rally could be in the making.

Data that shows Cardano outshining Ethereum

New data from Cryptometheus has flipped the narrative around Cardano’s developer engagement, placing it ahead of Ethereum in a surprising turn.

Over the past 12 months, Cardano recorded 21,439 GitHub commits across 550 core repositories — outpacing Ethereum, which trailed slightly behind with 20,962 commits.

Interestingly, the activity isn’t limited to a few isolated updates.

Cryptometheus reports that Cardano’s ecosystem is thriving, with 12 core projects and an additional 36 ecosystem projects contributing to over 4,200 GitHub repositories.

This surge in development not only counters long-standing criticisms of Cardano being a “ghost chain” but also positions it as a vibrant and utility-driven network gaining renewed investor confidence.

What about the price action?

Meanwhile, on the price front, ADA was trading at $0.6971 (down 2.42%) and ETH stood at $1,806.86 (down 0.76%), yet market sentiment remains cautiously optimistic for Cardano.

Both altcoins show RSI levels below the neutral threshold, indicating bearish momentum in the short term. However, longer-term projections paint a more bullish picture for ADA.

ADA vs ETH

Source: Santiment

Remarking on the same, Token Talk said that Cardano could be gearing up for a significant rally, with price forecasts suggesting a potential 100% surge during the current market cycle.

See also  NFT Volume Rankings See Surprising Climbers

Analysts further predicted that ADA could climb to a remarkable $10 valuation by 2029, underscoring renewed investor confidence in Cardano’s long-term growth trajectory.

Token Talk

Source: Token Talk/X

Hoskinson slams Ethereum

Meanwhile, in a bold critique of Ethereum’s future, Cardano founder Charles Hoskinson also expressed skepticism over ETH’s long-term viability, suggesting it might not survive the next decade.

In an interview on X, the Cardano founder put it best when he said, 

“I don’t think Ethereum will survive for more than 10-15 years. The L2s will continue to suckle out all the alpha, users will gradually migrate to other places, and they’re going to be eclipsed by Bitcoin DeFi.” 

Next: Uniswap gets Coinbase boost, but UNI investors are running for the hills – Why?

READ ALSO

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  • Cardano surpasses Ethereum in developer activity, with over 21,000 GitHub commits in 12 months.
  • Hoskinson doubts Ethereum’s longevity, predicting migration to Bitcoin DeFi and other networks.

While debates often center around the Solana [SOL] vs. Ethereum [ETH] rivalry, Cardano [ADA] has quietly made a powerful statement of its own.

Recently, it surpassed Ethereum in core developer activity — an unexpected shift that’s reigniting investor interest in a project once dismissed as a “ghost chain.”

Long seen as underwhelming compared to its high-profile peers, Cardano’s newfound momentum is challenging old narratives and signaling that a major price rally could be in the making.

Data that shows Cardano outshining Ethereum

New data from Cryptometheus has flipped the narrative around Cardano’s developer engagement, placing it ahead of Ethereum in a surprising turn.

See also  Ethereum’s True Value? Lower Than You Think

Over the past 12 months, Cardano recorded 21,439 GitHub commits across 550 core repositories — outpacing Ethereum, which trailed slightly behind with 20,962 commits.

Interestingly, the activity isn’t limited to a few isolated updates.

Cryptometheus reports that Cardano’s ecosystem is thriving, with 12 core projects and an additional 36 ecosystem projects contributing to over 4,200 GitHub repositories.

This surge in development not only counters long-standing criticisms of Cardano being a “ghost chain” but also positions it as a vibrant and utility-driven network gaining renewed investor confidence.

What about the price action?

Meanwhile, on the price front, ADA was trading at $0.6971 (down 2.42%) and ETH stood at $1,806.86 (down 0.76%), yet market sentiment remains cautiously optimistic for Cardano.

Both altcoins show RSI levels below the neutral threshold, indicating bearish momentum in the short term. However, longer-term projections paint a more bullish picture for ADA.

ADA vs ETH

Source: Santiment

Remarking on the same, Token Talk said that Cardano could be gearing up for a significant rally, with price forecasts suggesting a potential 100% surge during the current market cycle.

Analysts further predicted that ADA could climb to a remarkable $10 valuation by 2029, underscoring renewed investor confidence in Cardano’s long-term growth trajectory.

Token Talk

Source: Token Talk/X

Hoskinson slams Ethereum

Meanwhile, in a bold critique of Ethereum’s future, Cardano founder Charles Hoskinson also expressed skepticism over ETH’s long-term viability, suggesting it might not survive the next decade.

In an interview on X, the Cardano founder put it best when he said, 

“I don’t think Ethereum will survive for more than 10-15 years. The L2s will continue to suckle out all the alpha, users will gradually migrate to other places, and they’re going to be eclipsed by Bitcoin DeFi.” 

Next: Uniswap gets Coinbase boost, but UNI investors are running for the hills – Why?
Tags: CardanoDecadeLayer1stagingsurprisingtakeover

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