Does Cardano Still Have the Ability to Make Millionaires? Remittix Surpasses $7 Million as Investors Rush To Join the ICO

Cardano fans stand by the coin’s steady growth, but reaching a life-altering profit hinges on how many tokens you hold. If you own $50k Cardano (ADA), you’d need a 20x jump for that holding to hit a million dollars. For those with $200k Cardano, a 5x might suffice. But can ADA produce that kind of numbers? One of its major upgrades Alonzo in 2021 pumped Cardano by only 116%. That’s decent but not life-changing for smaller holders.

The next big update is the Plomin hard fork, which just got a green light from Input Output Global (IOG). As of Jan. 18, 2025, conditions for this mainnet activation are complete. People hope Cardano (ADA) will rally higher as the blockchain inches closer to fully decentralized governance. Still, if we go by Alonzo’s track record, a modest jump might be all we get. This suggests only those with hefty ADA stashes can realistically dream of becoming millionaires through Cardano alone.