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Cardano Price Prediction: 2024, 2025, 2026
Story Highlights
- The current price of Cardano token is $ 0.00144368.
- The price of ADA coin could reach a potential high of $2.02 by the end of 2024.
- With a potential increase, Cardano price could reach up to $10.32 by the end of 2030.
With the increasing bearish sentiment in the cryptocurrency market, the price of Bitcoin continues to hover near its $57,000 mark. Moreover, with the growing uncertainty in the cryptocurrency space, blue-chip coins like Cardano have faced enormous price volatility in their portfolios in recent days.
Are you thinking of accumulating Cardano this month? Our price prediction for 2024-2030 will help you find the best opportunity to buy Cardano.
And for burning questions like “Is Cardano a good investment?” or “Will Cardano hit $100?”, CoinPedia’s detailed Cardano (ADA) price predictions for 2024-2030 have all your FOMO and FUD covered.
Overview
Cryptocurrency | Ada |
Token | ADA |
Price | $ 0.00144368 | 2.61%
Market capitalization | 0.0000 $ |
Trading volume | $104,488.2450 |
Circulating supply | 0,0000 |
All-time high | $3.10 September 2, 2021 |
All-time low | $0.01735 October 2, 2017 |
24 High | $0.4688 |
24 Low | $0.4469 |
ADA Coin Price Prediction July 2024
With a 1.26% jump in the last 24 hours and a 15.47% jump in the last week, Cardano price has successfully retested its crucial support trend line and has shown a clear uptrend. Furthermore, the altcoin is on the verge of breaking out of its resistance trend line, the outcome of which is unpredictable.
TradingView: ADA/USDT
The SMA and RSI technical indicators have shown a strong bullish trend in prices, highlighting an increase in buying-selling pressure in the cryptocurrency market.
If the ADA coin price regains momentum, the bulls will prepare to test its upper resistance level of $0.4275. Holding the price at this level will set the stage for Cardano cryptocurrency to attempt to head towards its upper high of $0.5175.
Conversely, a drop below $0.35 could send the altcoin price plummeting to $0.3325 in the coming weeks.
Cardano Price Prediction | Low Potential ($) | Average price ($) | High Potential ($) |
July 2024 | $0.3325 | $0.4250 | $0.5175 |
Cardano Price Prediction 2024
The overall market is experiencing a rapid slowdown in optimism around the Cardano price trend. This shows a critical blow to the bullish reversal signals.
With continued support from whales, the growing number of large transactions and the overall growth of the DeFi sector are helping to fuel Cardano’s recovery. Considering the upcoming bullish events in 2024, the Cardano coin price can sustain this momentum and reach higher levels in 2024. The recovery rally will prove to be crucial, with the recent breakout rally and trend reversal as key entry levels.
Currently trading at $0.657, Cardano coin price is offering a buying opportunity as it may soon surpass $1 and reach the $1.5 mark. Therefore, with a bull run in 2024, Cardano prices are expected to create a new swing high of $2.02. With an average of $1.695, ADA prices may settle at $1.37 by the end of 2024 due to exhaustion.
Cardano Price Prediction | Low Potential ($) | Average price ($) | High Potential ($) |
2024 | 1.37 | 1.695 | 2.02 |
Factors Influencing Cardano Price Movements
Many external influences affect the price of Cardano every day. Understanding these factors can help when setting the rates for your services. Several elements are essential to keep an eye on:
- Market sentiment: Whether the cryptocurrency market is bullish or bearish, it will impact the value of Cardano. Monitoring the overall market movements is crucial.
- Network usage and transactions: More and more people are using the Cardano blockchain for applications and transactions, which increases demand. Growth in these areas often pushes the price up.
- Burning or minting of coins: Events where large amounts of ADA are removed or re-entered into circulation change the dynamics of supply and demand. This movement has an impact on the price.
- Partnership and adoption: Announcements of new partnerships or companies/projects based on Cardano give investors optimism. Such news often triggers price increases.
- Regulations: Any comments from governments or regulators about tightening or loosening controls on cryptocurrency trading can cause prices to move dramatically. Developments in this area should be monitored closely.
ADA Price Prediction 2025
The year 2025 could mark a growth for ADA, with prices potentially ranging from a low of $1.81 to a high of $2.42. The average price during this period could settle at $2,115.
Cardano Price Prediction | Low Potential ($) | Average price ($) | High Potential ($) |
2025 | 1.81 | 2.115 | 2.42 |
Cardano (ADA) Price Prediction 2026-2030
Cardano Price Prediction | Low Potential ($) | Average price ($) | High Potential ($) |
2026 | 2.76 | 3.03 | 3.30 |
2027 | 4.56 | 4.79 | 5.03 |
2028 | 5.29 | 5.51 | 5.73 |
2029 | 6.68 | 7.235 | 7.79 |
2030 | 9.12 | 9.72 | 10.32 |
Read also: UniSwap Price Prediction 2023, 2024, 2025: Will UNI Coin Rise in 2023?
ADA Price Prediction 2026
Moving into 2026, the potential price of ADA is expected to rise further, fluctuating between a low of $2.76 and a high of $3.30. The average price during this period could settle at $3.03.
ADA Price Prediction 2027
By 2027, the analysis suggests a further increase in the value of ADA, with the price possibly reaching between $4.56 and $5.03. The average price during this period could settle at $4.79.
ADA Price Prediction 2028
In 2028, the price of ADA could potentially rise and fall between $5.29 and $5.73. The average price during this period could settle at $5.51.
ADA Price Prediction 2029
By 2029, the price of ADA is expected to rise between $6.68 and $7.79. The average price during this period could be $7,235.
ADA Price Prediction 2030
Finally, by 2030, the price of ADA is expected to rise between $9.12 and $10.32. The average price during this period could settle at $9.72.
Also check out: Cryptocurrency Adoption Report March 2024: Global Trends, Top Nations, and Regulatory Insights
ADA Cardano Price Prediction 2024-2030
Market analysis
2024 | 2025 | |
Governor Capital | $2.12 | $3.09 |
DigitalCoinPrice | $0.90 | $1.24 |
*The above mentioned targets represent the average of the targets set by the respective companies.
Cardano (ADA) Price Prediction by CoinPedia
Assuming Cardano continues to focus on upcoming network upgrades, we can expect a broader adoption rate of Cardano. Furthermore, with the upcoming bull run driven and fueled by the Bitcoin halving in 2024, followed by a new altcoin season, Cardano is poised to create new unprecedented heights.
We expect the ADA price to reach $2.02 by the end of 2024.
Price forecast | Low Potential ($) | Average price ($) | High Potential ($) |
2024 | 1.37 | 1.695 | 2.02 |
Historical Price Sentiments 2017-2023
Source: TradingView
Pricing expectations have changed significantly in recent years. From 2017 to 2019, strong economic conditions allowed many consultants to steadily increase their fees with little resistance. Clients have also realized that costs are continually rising for competent service providers.
The pandemic has strangely interrupted this trend. In 2020, few asked for discounts despite financial pressures, as demand for help with remote work optimizations soared. By 2021, concerns about inflation emerged as supply chains tightened. Suppliers began to attach fuel/admin surcharges to invoices more often, with mixed reviews.
2022 brought the highest inflation in decades, challenging solopreneurs. Those flexible enough to adjust prices quarterly appear to be in the best long-term position to retain top talent and weather economic cycles. 2023 data could show another period of stabilization.
Read also: Coinpedia’s Price Analysis provides you with the latest content on recent market trends that allow you to get closer to the price movements and actions of various cryptocurrencies.
FAQ
Is Cardano a good investment in 2024, amidst other new entrants with higher performance?
Cardano is an undervalued investment and has a high chance of succeeding in the next couple of years, considering the plethora of applications.
How High Will Cardano Go by the End of 2024?
ADA price could rise to a high of $2.02 by the end of 2024.
Is Your Cardano Worth Investing In?
If you hold your ADA tokens long-term, there are no downsides to staking all of your tokens.
How High Can Cardano Go by the End of 2025?
According to our Cardano price prediction, the altcoin price could reach a high of $2.42 by the end of 2025.
Is Cardano dead?
Cardano is not dead, as it is undergoing major development updates, which could push up the price of ADA in the near future.
Can Cardano Overtake Ethereum?
Even the most optimistic Cardano supporters acknowledge that Cardano will potentially only surpass Ethereum within 8-10 years.
If you invested $100 in Cardano in 2020, how much would it be worth now?
Assuming the best case scenario is that you invested in Cardano in January 2020, your investment would have increased by 550%. In short, for every $100, you would have earned an additional $550.
What is the price of an ADA token?
At the time of writing, the price of 1 CardanoADA token was $0.4010.