US retail investors are now more optimistic about Project Cardano’s ADA digital currency than leading cryptocurrency Bitcoin, according to a recent survey and poll by crypto company Voyager Digital.

A new survey of cryptocurrency investors in the United States of America showed that 31.9% of the surveyed investors are more optimistic about ADA Cardano, while 22.2% chose Bitcoin over ADA.

The results come after Cardano reached an all-time high near $1.5 last month, briefly becoming the fourth largest cryptocurrency by total market capitalization.

Steve Ehrlich, CEO of Voyager Digital, said: to source By saying:

Of course, everyone is talking about bitcoin these days, but seeing that individual investors are more excited about ADA than bitcoin came as a big surprise to us.

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Besides BTC, investors were also more bullish on Ethereum at 12.2% and Polkadot at 6.3%.

For Erlich, these results demonstrate growth and diversification in the cryptocurrency ecosystem, as investors have more cryptocurrencies to choose from.

The survey included the opinions of 1,385 US investors, and found that the majority expected the bitcoin price to trade between $51,000 and $60,000 by the end of this month, and 80% of the survey respondents plan to buy more bitcoin during this month.

60 percent of respondents are confident that bitcoin and other cryptocurrencies represent the largest store of value, above gold which was 8%, stocks 6%, and government bonds at 1%.

The survey results for Cardano were somewhat predictable, as the cryptocurrency’s price hike of more than 500% this year has caught the attention of retail investors, as an investor who bet and invested $1,200 on ADA last year will now earn more than $40,000.

The price of the cryptocurrency Ada has risen from around $0.17 to $1.06 at the time of writing, after a correction from a new high near $1.5.

The rise in the price of ADA may also have helped the crypto-buying whales.

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Dubai-based crypto investment fund FD7 Ventures previously announced that it has sold $750 million worth of bitcoin to increase its positions in Cardano and Polkadot.

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