Cardano is definitely one of those projects that have incredible potential outside of being an asset that gets traded for profit. Built on peer-reviewed academic research, Cardano has brought together a strong community over the years.
Its technical foundation and the ambitions of its team have made ADA one of the top cryptocurrencies in the world. Let’s take a closer look at what the Cardano cryptocurrency and project are all about and examine our ADA price forecast for the coming years.
Please keep in mind that, as with any other cryptocurrency, it is nearly impossible to make a 100% accurate Cardano price forecast. We mention what minimum price and maximum price ADA can potentially have in one year or the next five years, but those are just our estimations. This article does not constitute investment advice.
Cardano ADA Overview
Our real-time ADA to USD price update shows the current Cardano price as $0.376358 USD.
According to our Cardano price prediction, ADA price is expected to have a -2.82%Â decrease and drop as low as by June 26, 2024.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 83%, with a Fear & Greed Index score of 51 (Neutral).
Over the last 30 days, Cardano has had 13/30 (43%) green days and 6.67% price volatility.
Cardano (ADA) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
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Cardano (ADA) Price Prediction For Today, Tomorrow and Next 30 Days
Cardano Prediction Table
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Cardano Historical
According to the latest data gathered, the current price of Cardano is $$0.49, and ADA is presently ranked No. 10 in the entire crypto ecosystem. The circulation supply of Cardano is $17,443,552,114.75, with a market cap of 35,680,908,838 ADA.
In the past 24 hours, the crypto has increased by $0.01 in its current value.
For the last 7 days, ADA has been in a good upward trend, thus increasing by 14.22%. Cardano has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of ADA has increased by 4.59%, adding a colossal average amount of $0.02 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Cardano Price Prediction 2024
According to the technical analysis of Cardano prices expected in 2024, the minimum cost of Cardano will be $0.345. The maximum level that the ADA price can reach is $0.445. The average trading price is expected around $0.545.
ADA Price Forecast for June 2024
Based on the price fluctuations of Cardano at the beginning of 2024, crypto experts expect the average ADA rate of $0.359 in June 2024. Its minimum and maximum prices can be expected at $0.345 and at $0.373, respectively.
July 2024: Cardano Price Forecast
Cryptocurrency experts are ready to announce their forecast for the ADA price in July 2024. The minimum trading cost might be $0.355, while the maximum might reach $0.420 during this month. On average, it is expected that the value of Cardano might be around $0.387.
ADA Price Forecast for August 2024
Crypto analysts have checked the price fluctuations of Cardano in 2024 and in previous years, so the average ADA rate they predict might be around $0.440 in August 2024. It can drop to $0.417 as a minimum. The maximum value might be $0.462.
September 2024: Cardano Price Forecast
In the middle of the year 2023, the ADA price will be traded at $0.453 on average. September 2024 might also witness an increase in the Cardano value to $0.465. It is assumed that the price will not drop lower than $0.440 in September 2024.
ADA Price Forecast for October 2024
Crypto experts have analyzed Cardano prices in 2024, so they are ready to provide their estimated trading average for October 2024 — $0.448. The lowest and peak ADA rates might be $0.398 and $0.497.
November 2024: Cardano Price Forecast
Crypto analysts expect that at the end of summer 2024, the ADA price will be around $0.437. In November 2024, the Cardano cost may drop to a minimum of $0.402. The expected peak value might be $0.472 in November 2024.
ADA Price Forecast for December 2024
Having analyzed Cardano prices, cryptocurrency experts expect that the ADA rate might reach a maximum of $0.545 in December 2024. It might, however, drop to $0.420. For December 2024, the forecasted average of Cardano is nearly $0.483.
January 2025: Cardano Price Forecast
In the middle of autumn 2024, the Cardano cost will be traded at the average level of $0.504. Crypto analysts expect that in January 2025, the ADA price might fluctuate between $0.454 and $0.553.
ADA Price Forecast for February 2025
Market experts expect that in February 2025, the Cardano value will not drop below a minimum of $0.544. The maximum peak expected this month is $0.652. The estimated average trading value will be at the level of $0.598.
Cardano Price Prediction 2025
After the analysis of the prices of Cardano in previous years, it is assumed that in 2025, the minimum price of Cardano will be around $0.8672. The maximum expected ADA price may be around $1.05. On average, the trading price might be $0.8978 in 2025.
Cardano Price Prediction 2026
Based on the technical analysis by cryptocurrency experts regarding the prices of Cardano, in 2026, ADA is expected to have the following minimum and maximum prices: about $1.29 and $1.50, respectively. The average expected trading cost is $1.33.
Cardano Price Prediction 2027
The experts in the field of cryptocurrency have analyzed the prices of Cardano and their fluctuations during the previous years. It is assumed that in 2027, the minimum ADA price might drop to $1.88, while its maximum can reach $2.22. On average, the trading cost will be around $1.93.
Cardano Price Prediction 2028
Based on the analysis of the costs of Cardano by crypto experts, the following maximum and minimum ADA prices are expected in 2028: $3.28 and $2.84. On average, it will be traded at $2.92.
Cardano Price Prediction 2029
Crypto experts are constantly analyzing the fluctuations of Cardano. Based on their predictions, the estimated average ADA price will be around $4.12. It might drop to a minimum of $4.00, but it still might reach $5.01 throughout 2029.
Cardano Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Cardano. It is estimated that ADA will be traded between $6.06 and $7.04 in 2030. Its average cost is expected at around $6.22 during the year.
Cardano Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Cardano’s price. The year 2031 will be determined by the maximum ADA price of $10.59. However, its rate might drop to around $9.00. So, the expected average trading price is $9.31.
Cardano Price Prediction 2032
After years of analysis of the Cardano price, crypto experts are ready to provide their ADA cost estimation for 2032. It will be traded for at least $13.42, with the possible maximum peaks at $16.05. Therefore, on average, you can expect the ADA price to be around $13.79 in 2032.
Cardano Price Prediction 2033
Cryptocurrency analysts are ready to announce their estimations of the Cardano’s price. The year 2033 will be determined by the maximum ADA price of $23.26. However, its rate might drop to around $19.54. So, the expected average trading price is $20.23.
Cardano Price Prediction 2040
According to the technical analysis of Cardano prices expected in 2040, the minimum cost of Cardano will be $389.23. The maximum level that the ADA price can reach is $467.11. The average trading price is expected around $411.08.
Cardano Price Prediction 2050
After the analysis of the prices of Cardano in previous years, it is assumed that in 2050, the minimum price of Cardano will be around $499.68. The maximum expected ADA price may be around $567.86. On average, the trading price might be $524.57 in 2050.
What Is Cardano (ADA)?
Cardano (ADA) is the native token of a proof-of-stake blockchain that goes by the same name. The Cardano network was founded in 2015 by Ethereum co-founder Charles Hoskinson.Â
Cardano Foundation states that its ultimate goal is to give innovators and visionaries a platform that will help them make the world a better place. To accomplish this, the Cardano team is building an interoperable and scalable multi-asset ledger with a platform for verifiable smart contracts.Â
The Cardano blockchain was designed to be a more efficient alternative to proof-of-work networks like Bitcoin. It has higher interoperability and scalability potential and is also faster, cheaper, and more sustainable than PoW blockchains.
The Cardano ecosystem runs on Ouroboros, the proof-of-stake (PoS) consensus protocol that is 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.
If you’d like to learn more about this innovative cryptocurrency and the way Cardano operates, read this article or head over to the official Cardano website.
What Is Cardano Used for?
Cardano was built to empower the development of various decentralized applications, DeFi tools, tokens, and more in a sustainable and scalable way.
Here are some of the things you can use Cardano for, in no particular order:
Create, send, and receive native tokens and NFTs (non-fungible tokens).
Add metadata to transactions to give them identity and background.
Use transaction metadata to validate and verify any data, digital files, or even physical objects.
Set up and manage your own staking pool on Cardano.
Integrate the Cardano technology into your existing platforms and websites.
Create your own smart contracts.
And here’s what you can do with your ADA tokens — besides trading them, of course:
Use your ADA to vote on governance proposals, particularly those that distribute treasury funds.
Stake ADA to earn rewards.
Smart Contracts
The Cardano (ADA) network experienced a major upgrade in September 2021 when it introduced smart contract functionality. This enhancement allowed the blockchain not only to scale more effectively but also to operate at a faster pace.
Smart contracts on Cardano are self-executing agreements with the terms directly written into code. Quite change-resistant, they streamline processes by automating contractual obligations and eliminating the need for intermediaries or third parties. This development has been crucial in boosting the efficiency and reliability of transactions on the Cardano network.
Despite a bearish phase in the crypto market in 2022, Cardano’s network showed resilience. The platform’s Plutus Scripts — used for Cardano-based smart contracts — saw significant growth, surpassing 4,000 smart contracts following the Vasil hard fork in September. Recent data from Cardano Blockchain Insights indicates a further increase in both V1 and V2 Plutus smart contracts, reaching a remarkable total of 24,050 by January 24. This represents a 67% increase from the beginning of the year — a substantial expansion.
This growth in smart contracts is indicative of Cardano’s continuous development and commitment to innovation throughout 2023. Nearly 10,000 contracts were added during last year, which reflects the platform’s dedication to evolving its capabilities.
Dan Gambardello, founder of Crypto Capital Venture, has commented on the significant improvements within the Cardano network since the last bull run. He specifically pointed to the enhanced smart contract functionality as a key area of development. These advancements, according to Gambardello, are one of the reasons he believes ADA has the potential to reach $11 in the next bull run.
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Cardano Supply
Cardano has a fixed monetary policy (fixed supply), which means that only 45 billion coins will ever be created. No more ADA will ever be produced after that number has been reached.
The coin’s initial offering saw the sale of 25,927,070,538 ADA, with the remaining around 19 billion ADA scheduled for release as a reward for mining blocks on the blockchain.
A deflationary approach alone will not ensure a profit. Always conduct your own research on the cryptocurrency and only invest if you believe that the project behind it has potential.
ADA (Cardano) Price History
Cardano remains an incredibly popular cryptocurrency despite having a lot of competition. At the time of writing, it is still one of the top 10 cryptocurrencies in the world by market cap.
Most Cardano price predictions are bullish on this coin. After all, it has all the hallmarks of a successful crypto project: a great team, a supportive community, and a solid technical foundation.Â
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 hodlers believe that the future price of ADA will overtake its previous ATH.
ADA Price Prediction by Experts
Various experts have weighed in with their predictions for Cardano’s (ADA) future price, offering a range of perspectives:
TradingBeasts
TradingBeasts displays a cautiously optimistic outlook for ADA. They predict a gradual increase in Cardano’s price, forecasting an average price of $0.6163693 by January 2025. The maximum price for 2025 is projected to be around $0.7704616, with a minimum of $0.5239139.
Digital Coin Price
Digital Coin Price shows a very bullish stance on ADA. Their analysis suggests that ADA’s average price might reach $1.02 in 2024, nearly doubling its current value. They also see a potential for ADA to surpass the $1.37 mark by the end of 2025. Looking further ahead, they anticipate a 210.89% increase in Cardano’s value, meaning it could reach $1.92 by the end of 2026.
Gov Capital
Gov Capital is traditionally bullish on ADA. For January 2025, they forecast an ADA price of $1.2254175424488. Extending their prediction to a 5-year horizon, they anticipate that ADA could climb to $5.592.
WalletInvestor
In contrast, WalletInvestor takes a bearish view on Cardano, predicting a downward trend for ADA’s future price. They suggest that ADA may not be a good investment for the next year, with a forecasted price of around $0.454.
The diverse range of expert predictions sheds light on the potential future price of ADA. Notably, none of these predictions suggest an immediate downturn for Cardano. However, the platform does face significant challenges, such as staying abreast of rapid advancements in blockchain technology and maintaining competitiveness against established giants like Ethereum. Ultimately, the trajectory of Cardano’s success hinges on its ability to continually innovate and carve out a substantial niche for itself in the increasingly competitive market. This necessity to adapt and evolve will be a critical factor in determining Cardano’s future position and value in the crypto space.
It’s important to conduct thorough research before investing in ADA (Cardano) or any other cryptocurrency. Always consider the latest news, market trends, technical and fundamental analyses, and professional advice. Remember, investing in cryptocurrencies involves a high level of risk and it is possible to lose your investment. Past performance is not indicative of future results.
How to Buy Cardano?
To exchange ADA crypto, you need 3 things: a trusted crypto exchange, a good Cardano wallet, and funds to purchase it with.
Buying Cardano is made easily by Changelly! Our platform offers a wide variety of perks, and those include: best rates, transparent low fees, instant transactions, a range of payment options, 24/7 customer support, and more. Give Changelly a chance – try it yourself now!
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Cardano Price Prediction: FAQ
When looking for an ADA coin price prediction, it’s critical to remember that the cryptocurrency market is incredibly volatile. Because of this, making an accurate long-term forecast for a coin is challenging. Even prognoses for the next few hours are no mean feat! As a result, forecasts made by analysts and algorithm-based forecasters are prone to error.
What could Cardano be worth in 5 years?
While it’s impossible to predict with certainty, combining neutral expert analyses and average predictions from forecasting platforms suggests that ADA’s price could reach around $4.07 by 2029.
What is ADA’s all-time high?
ADA reached its peak price of $3.10 in early September 2021, marking its highest value to date.
What will Cardano be worth in 2025?
Market analysts have varying opinions, but there is a consensus that ADA might achieve a value of approximately $0.9 by 2025.
What will ADA be worth in 2030?
Predicting the exact value of Cardano by 2030 is challenging. However, considering the increasing popularity of cryptocurrencies, ADA could continue its upward trajectory. It is assumed that ADA could reach a value of around $6 by 2030, although this is speculative.
Can ADA reach $100?
As of now, a price of $100 per ADA appears to be a distant prospect for Cardano.
Can ADA reach $10,000 dollars?
A value of $10,000 per ADA is highly unlikely in the foreseeable future.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.