Dan Gambardella once again supported the Cardano (ADA) project and said that he will hold it for the long run.
Dan Gambardella is the founder of Crypto Capital Venture and also he is the host of the popular YouTube channel “Crypto Capital Venture”.
On 2 Jan 2023, Gambardello tweeted that Cardano (ADA) will be a top crypto asset of the crypto sector in 2023 and people will not realise its potential until it will surge by 1,000%.
Earlier this, the Crypto Capital Venture founder said that he loves Cardano and this is a big reason why he covers it in his YouTube videos.
He also said that it is his favourite Crypto asset and suggested people not take these tweets from him as personal financial advice.
Cardano & Hydra protocol
As we know that Cardano is a popular Proof-of-stake (PoS) crypto network and the network or Cardano can be scaled easily, to make the transaction fees down.
Last year, Cardano Devs company IOHK introduced the concept of Hydra protocol and aimed to introduce high scalability in the Cardano network so that Cardano can process up to 1 million transactions per second.
In 2022, Charles Hoskinson, founder of Cardano & CEO of IOHK, claimed that Cardano will be able to process transactions near to the scalability of the Solana blockchain network but due to delay in the Cardano’ Vasil Hardfork, Hydra is still far from the practical level introduction.
At the time of writing this article, the price of ADA coin is $0.26 and this price is 40% down over the last 90 days’ trade price value.
Read also: Abra CEO prefers Litecoin over Bitcoin
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