The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.
Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?
Let's watch what will happen from now to next three years so we can see for ourselves. For me it will be hard for the market cap of ADA to reach that of Ethereum because Ethereum had really gotten the adoption and more people are yet to accumulate more of Ethereum making the market more larger while Cardano will need more time to reach the level of current Ethereum market cap.