Cardano (ADA) Price Prediction 2023, 2025, 2030 – Is Cardano a Good Investment?
Cardano Price Prediction – Overview
– End of 2023: According to our Cardano price prediction 2023, Cardano (ADA) is expected to reach $0.45, at minimum, and the maximum price could be $0.72 in 2023.
– End of 2025: Our ADA Cardano price prediction 2025 forecasts that the ADA coin price is expected to range between $0.86 and $1.13 by 2025.
– End of 2030: Cardano is well-positioned to reach its full potential in the future. ADA coin may hit a fresh high of $3.96 by 2030, as per our Cardano price prediction 2030.
Cardano (ADA) is one of the most technologically advanced blockchains on the market thanks to its long-term, scientifically directed development.
At the same time, however, the value of the native token ADA remained heavily drained, with a staggering drop of about 88% from its all-time-high of $3.10. So will ADA price rebound in the coming year? Is Cardano a good investment for long term?
In this article, we’ll quickly review the current activity of the cryptocurrency with a focus on its projected growth from fundamental analysis to price history. In conclusion, predictions from the most well-known analysts and platforms will be summarized together.
Before we start with a detailed Cardano ADA price prediction that was being made as of 29 March 2023, let’s dive into the coin’s overview.
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Cardano Overview
| Cryptocurrency | Cardano |
| Ticker Symbol | ADA |
| Rank | 7 |
| Price | $0.377352 |
| Price Change 24H | +8.05% |
| Market Cap | $13,106,230,360 |
| Circulating Supply | 34,732,133,623 ADA |
| Trading Volume | $372,301,631 |
| All Time High | $3.10 |
| All Time Low | $0.017 |
What is Cardano (ADA)?
Cardano network is a decentralized proof of stake (PoS) blockchain designed to be a more efficient alternative to proof of work (PoW) networks like Bitcoin. It has higher interoperability and scalability potential and is also faster, cheaper, and more sustainable than PoW blockchains. Cardano Foundation states that its ultimate goal is to be a decentralized application (DApp) development platform with an interoperable and scalable multi-asset ledger and verifiable smart contracts.
Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson. The Cardano ecosystem runs on Ouroboros, the first PoS consensus protocol that is incredibly secure and, above all, is supported by academic research. Each change to the Cardano roadmap is peer-reviewed and anchored by a research-based framework.
Cardano considers itself an updated version of Ethereum and has anointed itself a “third-generation” platform, compared with Ethereum’s “second-generation” credentials. The blockchain platform also has a goal of providing banking services to the world’s unbanked.
One of Cardano’s significant improvements is the Vasil mainnet upgrade released on 22 September, 2022, which promised to raise the network’s capacity and enhance the scalability of the blockchain. Additionally, the Plutus V2 cost model was enabled by the Cardano blockchain, resulting in lower transaction costs for smart contracts.
Even in a down market in 2022, Cardano strives to consistently advance its products. Investors should feel confident as a result because the project’s utility keeps growing. This distinguishes Cardano from several other “meme currencies.”
Despite a lot of competition, Cardano (ADA) is still one of the most popular cryptos. At the time of writing, its market capitalization is about $13 billion, making ADA one of the top 10 cryptocurrencies in the world.
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Cardano Fundamental Analysis
Cardano’s technical foundation and the ambitions of its team have made ADA one of the top cryptocurrencies in the world. There is a community survey that which crypto, outside of ETH, investors would prefer to see dominate transactions in 2035. ADA received 42% of the more than 600,000 votes, while Bitcoin received 38.4%.
Over the past year, Cardano has established itself as one of the most active crypto assets. Though the price of Cardano is currently 88% lower than its ATH, traders may be more upbeat in the long run if they consider how the network is developing. Cardano is betting on increased network development to overtake entities such as Ethereum. Fundamental analysis, such as a growth in network addresses and TVL, which indicate the growing mainstream adoption of a crypto project, should be of greater concern to long-term investors.
Cardano’s total value locked (TVL) has increased to $134 million, from $49 million at the beginning of 2023 and $100 million at the beginning of February. This demonstrates how swiftly Cardano’s ecosystem of applications is expanding since the platform currently counts over 1,200 projects building on its network in addition to over 110 projects that have already been launched. Cardano blockchain transactions have crossed the 61.4 million milestone.
In addition, the number of Cardano wallets has been growing significantly, with more than 22,000 new staking addresses added to Cardano on average monthly for 13 months. According to AdaStar, 121 new wallets have been created on average every hour since ADA’s record-breaking price run – A 98% hike.
Other significant network operations include the continued expansion of the smart contracts’ capability, with the number of Plutus scripts approaching the 6,000 mark. MuesliSwap, the first Cardano-based decentralized exchange, announced the successful integration of Plutus V2, making it more effective and less expensive to operate.
Lastly, Whale transactions on Cardano (ADA) dramatically rose in February 2023. This is in stark contrast to the 300 daily transactions recorded in January 2023, with an average of 1,700 transactions per day valued at $100,000 or more. This increase in whale activity is good news for the cryptocurrency asset.
Latest Cardano News
Amid the widespread financial crisis caused by large banks collapsing, the crypto market has shown exceptional resilience, and the Cardano team has just launched another critical network update on March 17, sending ADA price soaring. The update delivers dynamic P2P functionality to the Cardano Node, which supports bidirectional usage of block-producing nodes and relay nodes to offer more resilience to the network, and may protect against errors or malicious behavior.
Cardano’s Layer 2 scalability solution, Hydra, is getting closer to its mainnet beta release, according to IOG’s weekly report. Cardano’s Hydra aims to provide low latency, high throughput, and minimal transaction costs to boost transaction speed.
With the introduction of its first stablecoin – Djed, the Cardano network just accomplished a new feat. On the Cardano network, new stablecoins are being developed. The commercial division of Cardano, EMURGO, revealed earlier March that its new USD-backed stablecoin USDA would be “the first completely fiat-backed, regulatory compliant stablecoin in the Cardano ecosystem.”
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Cardano Price History
Like many other cryptocurrencies, ADA has gone through a long period of stagnation in 2019-2020. Later on, it reached the peak at $3.10 in September 2021, mainly as a result of the bull market and the creation of smart contracts on the Cardano blockchain. And the price was then forced to take losses once more, especially when the significant bear market began.
Long favoured by long-term investors, ADA crashed along with the rest of the crypto market in 2022 and ended the year at two-year lows of $0.24, down nearly 90% from the year’s beginning when it traded at $2.28. That’s why we always saw question like “is Cardano dead?”.
Despite all these, due to the fact that Cardano has all the hallmarks of a successful crypto project: a great team, a supportive and powerful community, and a strong technical foundation, most Cardano price predictions are still bullish on this coin.
There are also some investors who became disappointed in this coin as they think it was unable to deliver on its promises. However, they seem to be a minority, and most holders believe that the future price of ADA will overtake its previous ATH.
Cardano Price Analysis
So far, this year has looked a bit better for both Cardano and the wider crypto market. Now that the market appears to be recovering steadily, the growth of Cardano could really accelerate over the course of 2023.
The fact that ADA is greatly undervalued makes this more likely, and recent spike was probably sparked by larger investors purchasing the alternative coin at a loss in order to resell it later. Due to Cardano, which is itself continuing to see more popularity and usage as a layer-one smart contract platform, ADA is anticipated to continue its steady ascent.
At the time of writing, ADA is trading at $0.377352 with a market capitalization of $13,106,230,360, making it the 7th largest crypto by that metric as of 29 March 2023. Cardano has gained significant upward momentum over the past 24 hours, soaring 8.05% with a trading volume of $372,301,631.
With Cardano’s TVL constantly rising and rising demand for the Djed stablecoin, it seems probable that ADA will continue to grow steadily in the months to come.
Djed is an algorithmic stablecoin of Cardano launched early this year, which is overcollateralized and pegged to the US Dollar. Additionally, it employs a rigorous verification procedure, making it one of the first stablecoins in the market. This indicates that it can be verified quantitatively and does not cause a bank’s audit of its collateral reserves.
Djed’s project’s creators disclosed that traders and investors will get extra benefits when they stake ADA to get Djed. This might drive up demand for ADA, which has led to advances over the previous several weeks.
There are also increasing positive headlines/developments relating to the health and growth of the Cardano ecosystem itself this year. With the increasing usage of Cardano, there’s every chance ADA could return to $1 by the middle of the year. And from there, who knows, with some experts setting a long-term target of around $5.30 for the token.
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ADA Price Prediction 2023, 2025, 2030
We’ve covered most of the important things you need to know about Cardano (ADA) before considering its price prediction. If you are really interested in investing in the coin, this is the time to be more attentive.
To help you decide whether ADA is a good crypto to buy today, here are some key targets it may reach before the end of 2030:
| YEAR | MINIMUM PRICE | MAXIMUM PRICE |
| 2023 | $0.45 | $0.72 |
| 2025 | $0.86 | $1.13 |
| 2030 | $2.59 | $3.96 |
ADA Cardano Price Prediction 2023
As per our Cardano price prediction 2023, ADA coin is expected to reach a possible high of $0.72 by the end of 2023. We forecast a minimum price of $0.45 and an average price of $0.53 for the year.
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Cardano Price Prediction 2025
Cardano looks well-positioned to reach its full potential in the coming years. If Cardano successfully boosts market sentiment among crypto enthusiasts, ADA crypto price could continue to rise for the next five years.
Based on the technical analysis by crypto experts, Cardano ADA should be worth at least $0.86 in 2025, and the maximum price could be $1.13. Our Cardano price prediction 2025 estimates that the coin may have an average price of $0.91 for the year.
Cardano Price Prediction 2030
The Cardano ecosystem is actively growing with new users and partnerships and will remain viable in the long term. Our ADA Cardano price prediction 2030 forecasts that at the very highest, Cardano price may go up to $3.96 by 2030. The minimum price could be $2.59, averaging out at $3.21.
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Cardano Crypto Price Prediction | Experts Say
Cardano (ADA) suffered a blow during the crypto crash in May 2022. The currency is reportedly dead, according to many crypto specialists. A few people still believe it will rise again, though. So can Cardano ADA regain the momentum to move back above $1.0? Let’s look at some expert opinions to weigh in on this:
CaptainAltCoin
CaptainAltCoin had an ADA price prediction that suggested Cardano could drop to $0.260 in May 2023 before potentially recovering to $0.497 in March next year. According to its Cardano price prediction for 2025 and 2030, ADA could reach $0.8376 by 2025 and $2.09 by 2030. It even made a Cardano price prediction for 2040 of a potential $4.19.
Changelly
The website made a Cardano coin price prediction which was more bullish for the latter half of the decade. Its ADA price prediction for 2030 estimating that the coin could average $6.52, up from $0.98 in 2025 and $0.46 in 2023, based on its deep AI-assisted technical analysis.
Digital Coin Price
The ADA crypto price prediction suggests that ADA could reach a maximum price of $0.82 in 2023,$1.34 in 2025 and $3.91 in 2030.
GOV Capital
According to its ADA coin price prediction based on custom algorithm, ADA is predicted to trade at $1.53 after a year.
Wallet Investor
The site was rather more downbeat in terms of its Cardano crypto price prediction, suggesting that ADA could drop substantially from current levels to trade at $0.0234 by March next year.
Finally, do note, however, that analysts’ predictions are not a substitute for your own research and due diligence.
Cardano ADA Price Prediction: Can Cardano Reach $100 Dollars?
Since Cardano is a platform for smart contracts, it’s probably best to compare it to Ethereum, the current leader in this sector. At its very peak, the market capitalization of ETH was roughly $550 billion.
At the time of writing, the circulating supply of Cardano’s native token ADA is about 34 billion coins. If ADA reached $100, the Cardano market capitalization would be $3.4 trillion, about 6 times larger than Ethereum’s all-time high market cap.
| ADA price | Implied market cap |
| $5 | $170 billion |
| $10 | $340 billion |
| $20 | $680 billion |
| $50 | $1.7 trillion |
| $100 | $3.4 trillion |
The market cap calculations assume a supply of 34 billion ADA.
Given that Cardano has much less adoption than Ethereum, it would be difficult for it just to match Ethereum’s market capitalization, let alone exceed it by a factor of 6. At the time of writing, the Cardano users are making about 62,000 transactions per day, while Ethereum users are making about 950,000 transactions per day (despite Ethereum’s much higher fees than Cardano).
At $100, ADA’s market cap would actually be larger than the all-time high total crypto market cap, which peaked at roughly $2.9 trillion in November 2021.
At $100, Cardano’s $3.4 trillion market capitalization would also be larger than any company in the world as of March 2023. At the time of writing, the three most valuable companies by market capitalization are Apple ($2.2 trillion), Saudi Aramco ($1.9 trillion) and Microsoft ($1.8 trillion).
From these comparisons alone, we can see that it would be extremely difficult for ADA to reach $100. ADA would need to increase in price by 270x from its current price to reach $100, an extremely difficult feat for an asset that already has a market cap of $12.1 billion.
The only way ADA could feasibly reach a price of $100 is if the supply of the coin was significantly reduced. However, there’s no ADA burning mechanism in place, so it’s not really reasonable to expect the ADA supply to decrease significantly in the future.
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ADA Cardano Price Prediction: Conclusion
Overall, Cardano is known for its ambitious roadmap and a methodical approach to development. The crypto market will probably expand as the world transitions to a decentralized future, which is good news for Cardano in the long run. As crypto markets flourish, Cardano will follow.
Experts’ Cardano price forecasts show solid growth potential for ADA price. Based on the bullish start in 2023 with various significant upgrades, it is predicted that ADA is definitely one to watch over the coming year, and could be one of 2023’s big winners.
In closing, please know the figures of our Cardano forecasts are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.
FAQs
Is Cardano dead?
Although ADA price has dropped 88% from its all-time-high of $3.10 over the past few years, it started quite positively in 2023, already gaining about 57% at the time of writing, mainly due to lots of positive Cardano news such as the launch of its stablecoin Djed (DJED).
It is believed that Cardano will see a much wider usage in the near future with continuous developmental upgrades, leading to a promising future for Cardano.
Is Cardano a good investment?
Yes. Based on its roadmap, strategic partnerships, global business applications and loyal online community, Cardano has shown itself to be a good investment in the long-term, being around in the crypto industry longer than most crypto projects and even many crypto exchanges. Now that the market appears to be recovering steadily, the growth of Cardano could really accelerate over the course of 2023.
Our ADA price prediction 2025 forecasts that Cardano could reach a maximum price of $1.13 by the end of 2025, and the estimated minimum price is $0.86.
What will Cardano be worth in 2030?
Based on our ADA price prediction 2030, Cardano is expected to trade between $2.59 and $3.96 by the end of 2030.
What will Cardano be worth in 5 years?
Many platforms and analysts think that the price of Cardano will continue to grow in the next 5 years, reaching $2.32 by the end of 2028.
How much will Cardano be worth in 10 years?
There is a considerably higher chance that the Cardano coin price will increase to $10.70 in 10 years. The value of 1 Cardano could range between $10.32 and $12.88 within next 8 to 10 years.
Where can I Buy Cardano (ADA)?
BTCC is one of the best exchanges as it witnesses a large trading volume of the ADA. Other exchanges for buying ADA include Binance and Coinbase.
Check the link below to buy ADA on BTCC with simple steps and new users can enjoy special deposit bonus.
What are BTCC’s specs?
Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. BTCC has over 1 million registered users, and it has a trade volume (24H) of $14.03 billion.
BTCC is one of the best known exchange with over 11 years of stable and secure operating history focused on the Bitcoin and Ethereum, offering trading service in US, Canada, and many other countries in Europe. BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures with USDT as the margin.
The process of trading crypto futures with BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10USDT, and complete the KYC verification process to access all BTCC’s features and BTCC discount. Once verified, you can start trading ADA now.
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