Amy Arnott, a portfolio strategist at Morningstar that focuses on cryptocurrencies, has revealed she believes Cardano (ADA) could become one of the largest three cryptocurrencies by market capitalization and go mainstream, along with Bitcoin and Ethereum.
Speaking to Business Insider, Arnott backed the cryptocurrency created by Ethereum co-founder Charles Hoskinson, saying it is a promising altcoin that along with BTC and ETH could form a “big three” of mainstream cryptocurrencies.
She added:
Cardano is similar to ethereum, in that it’s a protocol that has a lot of potential technical applications. There’s a lot of enthusiasm about Cardano, and also various stablecoins.
