Cardano (ADA) is currently undergoing some changes that could have a positive impact on its future and market position. As the platform recently entered the Voltaire era (the final phase of its roadmap), Cardano founder Charles Hoskinson and analysts shared some predictions for the future of the blockchain. Here are three bold predictions about Cardano that investors and the blockchain community should not miss.

1. Cardano’s governance model will attract institutional investors
The Voltaire era has given the Cardano community a key role in determining the future direction of the platform. Through CIP-1694, ADA holders now have the power to vote on decision proposals that determine how funds are allocated and the project develops. This move aims to replace centralized decision-making with a community-driven, transparent, democratic process.

In addition, Cardano's treasury system ensures the sustainability of development by pooling transaction fees. The treasury currently holds $1.52 billion worth of ADA, which will be used to support approved projects. This governance model aims to reduce reliance on venture capital and ensure that the platform is aligned with the interests of the community.

2. Cardano could surpass Bitcoin and Ethereum by 2044
Charles Hoskinson believes that Cardano has the potential to surpass the market capitalization of Bitcoin and Ethereum in the next two decades. He attributes this potential to Cardano's governance model, which gives the community the power to guide development, which is not possible with centralized blockchains. Bitcoin and Ethereum face challenges such as scalability, high fees, and centralized funding models. In contrast, Cardano's approach focuses on long-term sustainability through decentralized control.

Hoskinson also envisions Cardano playing a role in national infrastructure, suggesting that the platform could support government-level applications by 2030. This ambition shows Cardano’s potential to serve large-scale societal needs, making it a blockchain with real-world utility beyond financial transactions.

3. ADA could reach $1 by the end of 2024
Additionally, some analysts are optimistic about ADA’s price trend, predicting that it could reach $1 by the end of 2024. This outlook is driven by recent upgrades, such as the Ouroboros Leios protocol, which improves network scalability and transaction speeds. In addition, technical indicators, including the MACD crossover, show that ADA has bullish momentum in the short term.

Additionally, the introduction of the privacy-focused cooperative chain Midnight aims to attract more developers and investors by providing secure and private smart contracts.

If Bitcoin’s value rises and sparks a broader bull run, ADA could benefit from improved market sentiment, making the $1 target by the end of 2024 a realistic target.