Cardano (ADA) Price Prediction 2024, 2025–2030

Overview of Cardano (ADA) Price

Cardano is a blockchain network designed to develop large-scale decentralized applications. It is an open-source platform with multi-asset ledgers and verifiable smart contracts. Cardano Foundation is a Swizz-based non-profit organization that oversees the development of Cardano. They are legal custodians of the Cardano brand and work to achieve a secure, transparent, and accountable solution that creates positive global change. Cardano Foundation is the backbone of the ecosystem.

Here are some key highlights from our latest analysis on Cardano’s price movement and future projections.

• The live price of Cardano is $0.395633 (ADA/USD).
• Price has increased by 35.0358% in the last 1 year
• Our recent ADA price forecast indicates that its value will increase by 8.0042% and reach $ 0.418175 by July 10, 2024.
• Our technical analysis indicators signal Bearish market sentiment on Cardano.
• Cardano has had 13/30 (43%) green days and 7.09% (High) price volatility.

Let’s dive into the detailed yearly Cardano price predictions for 2024-2050 based on historical price movements, technical analysis, and ADA halving cycles.

Cardano Price Predictions 2024-2030

Let us look at Cardano (ADA) price prediction for the upcoming years, based on the historical price movements, technical analysis and ADA halving cycles.

Cardano Price Predictions 2024

Based on the technical analysis of Cardano prices for 2024, the minimum cost of Cardano is projected to be $0.345293. The ADA price could reach a maximum of $1.378360, with the average trading price expected to be around $0.861827.

Cardano Price Predictions 2025

After analyzing Cardano’s prices from previous years, it is estimated that in 2025, the minimum price of Cardano will be approximately $0.368258. The ADA price could reach a maximum of around $2.010101, with an average trading price of about $1.18918.

Cardano Price Predictions 2026

According to the technical analysis by cryptocurrency experts, Cardano prices in 2026 are expected to have a minimum of approximately $0.458912 and a maximum of $1.331214. The average trading price is anticipated to be around $0.895063.

Cardano Price Predictions 2027

Cryptocurrency experts have reviewed the historical prices and fluctuations of Cardano over previous years. It is projected that in 2027, the minimum ADA price could decrease to $0.349073, with a potential maximum of $0.473972. On average, the trading cost is expected to be approximately $0.411523.

Cardano Price Predictions 2028

According to crypto experts’ analysis of Cardano’s costs, the anticipated ADA prices for 2028 are expected to range between $0.349124 (minimum) and $0.664454 (maximum). The average trading price is projected to be around $0.506789.

Cardano Price Predictions 2029

Crypto experts continually analyze Cardano’s fluctuations. According to their predictions, the average estimated ADA price is around $2.156689. It could potentially drop to a minimum of $0.373276 but may also reach as high as $3.940101 throughout 2029.

Cardano Price Predictions 2030

Annually, cryptocurrency experts forecast Cardano’s price trends. In 2030, ADA is projected to fluctuate between $0.569687 and $2.360101, with an anticipated average cost of approximately $1.464894 throughout the year.

Cardano Price Predictions 2040

Based on the technical analysis of Cardano prices projected for 2040, the minimum cost of Cardano is expected to be $0.603702. The ADA price could reach a maximum of $3.699756, with the average trading price anticipated to be around $2.151729.

Cardano Price Predictions 2050

Based on the analysis of Cardano’s historical prices, it is estimated that in 2050, the minimum price of Cardano will be approximately $0.715348. The ADA price could potentially reach a maximum of $10.265586, with an average trading price around $5.490467.

Cardano Price Forecast Based on Technical Analysis

At the time of writing, ADA is trading at $0.395633, with a market cap of $16,598,273,686.65 and a circulating supply of 35,652,366,787 ADA. Currently, short-term and medium-term moving averages indicate a bearish market sentiment, while long-term moving averages suggest a bullish outlook.

Cardano Price History

According to the latest data, Cardano is currently priced at $0.389236 and is ranked No. 10 in the entire crypto ecosystem. The circulating supply of Cardano is 35,652,366,787 ADA, with a market cap of $13,598,273,686.65 ADA.

Cardano is founded on peer-reviewed research and evolving through evidence-based methods. The founder, Charles Hoskinson, started his journey along with IOHK and Cardano Foundation in 2015. The Cardano Mainnet launched in September 2017. From the beginning, they have taken a scientific-driven approach to development. The team has worked with eminent scientists and academic professors worldwide to extract the latest and best ideas that can improve the functionality and scalability of the platform.

On top of that, IOHK has a funding contract with EMURGO for the developments. Cardano is still evolving, and the roadmap is planned in five stages. Among the five, three steps have been completed.

Following its initial circulation post-ICO, Cardano quickly established itself as a leading blockchain project. The early success of the ADA token can be largely attributed to the ICO craze of late 2017 and early 2018, during which many tokens achieved multi-billion dollar valuations.

During the ICO phase, approximately 25.9 billion ADA tokens were made available to investors using Bitcoin at an initial price of $0.0024 per ADA. The Cardano team successfully reached its fundraising goal of $62,240,000. Shortly after trading began, Cardano’s price surged to $0.03 and later to $1.20, valuing the project at nearly $32,000,000,000. Since then, Cardano has maintained a high ranking among the largest digital currencies by market cap.

Here are some key milestones in Cardano’s price history:

$0.0024: Initial investors could obtain ADA with BTC during the ICO at a price of $0.0024.
$0.0250: The ADA price surpassed $0.0250 on the first trading day in early October 2017.
$0.1000: In November 2017, ADA’s price exceeded $0.1000, showing more than 40x returns from its ICO price.
$0.5000: By December 2017, two months after trading began, ADA reached the $0.5000 mark.
$1: ADA first reached $1 in January 2018.
$2: After a prolonged bear market from 2018 to 2020, ADA’s price surpassed $2 in May 2021.
$3: ADA hit the $3 milestone in September 2021.

Cardano Price Prediction By Experts & Analysts

Crypto experts globally are bullish on the long-term forecast of Cardano price. Various experts have weighed in on Cardano’s (ADA) future price, offering a range of perspectives:

Trading Beasts

Trading Beasts presents 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 the 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 maintains a traditionally bullish outlook 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.

Wallet Investor

In contrast, Wallet Investor 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.

From experts’ point of view, Cardano will be a profitable investment option as it can give a good return in the future. Some experts are moderately bullish on the coin, and some are highly bullish. But no one is expecting a crash in the future price of Cardano. So it is worth adding Cardano to the portfolio.

FAQs

What is Cardano (ADA)?

ADA is the native cryptocurrency of Cardano, named after English mathematician Ada Lovelace. It is one of the top 10 fastest-growing cryptocurrencies globally. ICO of Cardano was started in October 2015 and completed in 2017 by raising $62.2 million. ADA’s primary use cases are payment of network fees, staking in the network, trading, and investment. In the future, ADA will act as a governance token for voting in the network. Smart contracts on the Cardano platform also work only with ADA.

How Does Cardano Work?

Cardano is a third-generation blockchain designed to address scalability issues seen in Bitcoin and Ethereum. It uses a decentralized, low-fee, high-TPS Proof of Stake (PoS) network with the Ouroboros protocol for energy efficiency and security. Cardano’s Hydra layer 2 solution enables infinite scalability, while its Hard Fork Combinator allows seamless updates.

What will Cardano be worth in 2025?

Market analysts have differing opinions, but there is a general consensus that ADA could reach a value of around $2.010101 by 2025.

Is Cardano dead?

No, Cardano is not dead. It remains an active and evolving blockchain project with a strong community and ongoing development. Its focus on scalability, sustainability, and interoperability continues to attract interest and investment in the cryptocurrency space.

Can ADA reach $100?

Reaching $100 for Cardano would be highly challenging. While ADA may rise +437% to around $3.77 in the next year, achieving +14,145% to hit $100 per coin seems improbable given its current supply and market dynamics. Comparing it to Ethereum, at $100 per ADA, Cardano’s market cap would need to surpass $3.38 trillion, nearly 7 times Ethereum’s peak market cap.

How is Cardano used?

Cardano was designed to support decentralized applications (DApps) with a focus on openness and transparency. Developers aim for it to be the top choice for critical DApps shaping the future economy. Currently, Cardano is exploring use cases across education, agriculture, healthcare, and other industries, with plans for expansion. It features a robust academic review system supported by engineers and experts in blockchain and cryptography.

Why are ADA coins valuable?

ADA’s value is driven by basic market principles of supply and demand, similar to other cryptocurrencies. What sets ADA apart is its staking capability, offering holders passive income. Cardano’s robust development and widespread interest contribute to ADA’s high ranking in the cryptocurrency market by market capitalization.

What is ADA staking?

ADA staking involves holders of Cardano’s native cryptocurrency, ADA, participating in the network’s proof-of-stake (PoS) consensus mechanism. By staking ADA, holders contribute to the security and operation of the Cardano blockchain. In return, stakers earn rewards in ADA for their participation. Staking allows ADA holders to actively support the network while potentially earning passive income through regular rewards.

How do I get Cardano (ADA)?

You can get Cardano (ADA) through cryptocurrency exchanges like Binance or Coinbase, peer-to-peer transactions, or ADA staking for rewards.

Is Cardano a good investment?

Cardano’s investment potential hinges on factors like individual risk tolerance, investment goals, and market conditions. Many experts see it as an undervalued asset with significant growth potential due to its diverse applications. The project’s innovative approach, strong community backing, and future expansion prospects have attracted attention. However, thorough research, market trend analysis, and an understanding of the inherent risks are crucial. Given the high volatility and market fluctuations, investing in Cardano involves both risks and rewards, and it’s important to be prepared for potential losses.

Is it a good time to buy Cardano (ADA)?

Deciding to buy Cardano (ADA) depends on market conditions, your investment goals, and risk tolerance. Analyze trends, assess your risk capacity, and stay informed about Cardano’s developments before investing.

Where can I buy Cardano?

Cardano is trading on major exchanges such as Binance, Coinbase, OKEx, Crypto.com, Upbit, KUCOIN, DIGIFINEX, and many more.