Renowned crypto analyst and founder of Crypto Capital Venture, Dan Gambardello, has recently released a video discussing the future outlook of Cardano (ADA) while addressing recent considerations regarding swap completion time on Cardano-based decentralized exchanges. Gambardello predicted that Cardano is on the cusp of a major move, which will likely manifest itself in significant growth for the digital asset.
In his video, Gambardello suggested that Cardano is likely nearing an inflection point, as the project continues to develop its staking, smart contract, and decentralized exchange capabilities. He pointed out that the project’s smart contract platform, called “Goguen”, is one of the most anticipated updates for Cardano in 2021. He believes that this will be an incredibly significant development that will have a profound impact on the price of the asset.
Gambardello also discussed the completion time of transactions on decentralized exchanges powered by Cardano. He noted that while exchanges built on Ethereum can experience long turn-around times for transactions, these will be largely mitigated by Cardano’s faster, more efficient protocol. Gambardello added that this delivery time reduction could be a huge boon for Cardano, as it will provide traders with a more seamless and secure experience that will make Cardano the blockchain of choice for decentralized exchanges.
Overall, Gambardello predicted that Cardano is on the cusp of a major move, which would likely manifest itself in significant growth for the digital asset. The Crypto Basic looks forward to seeing whether Gambardello’s predictions prove to be accurate.
