Cardano is making headlines with two major developments: the launch of a new zkEVM protocol and projections for a price surge to $10.
Starstream and EVM Potential for Cardano
Since its emergence, Cardano has been known for its research-driven approach and focus on scalability of digital assets. One of its biggest challenges is compatibility with Ethereum-based applications. To address this, Paima Studios founder Sebastien Guillemot announced the introduction of the Starstream zkEVM solution. Starstream is designed to enhance Cardano’s power, simplicity, and compatibility with ZK cryptography.
Powered by Paima Studios, this new protocol promises to make Cardano’s blockchain more developer-friendly, addressing concerns about complexity, cost, and security expressed by platform users. One of Starstream’s unique advantages is its use of coroutines, a programming concept enabling simple and flexible smart contract execution, making decentralized applications (dApps) faster and more scalable while lowering costs.
$10 Price Projection for Cardano
While technical developments like Starstream bolster Cardano’s long-term potential, the community is focused on whether ADA’s price can reach $10. Analyst Ali Martinez noted that a breakout is imminent provided Cardano maintains support above $0.80. At the time of writing, the coin traded at $0.7799, down 4.08% in 24 hours. To confirm the breakout, it may also need to clear the $1.20 resistance. If this occurs, a move toward $10 could become inevitable. Historically, Cardano has seen strong price rallies during past bull runs, but significant factors must align for it to reach double digits.
Cardano's Role in the Crypto Ecosystem
Despite increasing competition from Ethereum, Solana, and other smart contract platforms, hopes for Cardano's price rally remain high. Based on news reports, it remains one of the most actively developed blockchains in the industry. Focus on security, sustainability, and peer-reviewed research has earned Cardano a loyal community in Web3.
With growing interest in new protocols like Starstream and price projections, Cardano continues to solidify its market position. Its focus on research-driven development makes it a significant competitor in the crypto world.
