Analysts are saying that ADA could hit a high of $10.32 by the year 2030. Feeling bullish about Cardano already? You can buy ADA on Coinbase, eToro and Kraken.
ada
Cardano$0.358591*
*prices delayed up to 10 minutesDisclosure: eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.
With the recent Bitcoin halving event capturing the attention of the cryptocurrency community, many investors are now turning their focus to altcoins like Cardano. Cardano (ADA) is the 11th largest cryptocurrency by market capitalization, boasting high scalability, security and sustainability. Its on-chain data shows a growing number of transactions but still lags behind Ethereum (ETH) in daily activity. Despite this, the number of developers working on Cardano has been increasing, leading to a surge in smart contract deployments.
Let's take a closer look at the future value of ADA with these Cardano price prediction analyses from various experts. Stay ahead of the game to make informed decision on your investments.
Cardano (ADA) Price Prediction Table
Here is a table of price predictions for Cardano (ADA).
| Year | Average Price* | Percent Increase |
|---|---|---|
| 2024 | $0.351 | -% |
| 2025 | $0.534 | 52.14% |
| 2026 | $0.736 | 37.83% |
| 2027 | $0.978 | 32.88% |
| 2028 | $1.39 | 42.13% |
| 2029 | $2.04 | 46.76% |
| 2030 | $3.02 | 48.04% |
| 2031 | $4.41 | 46.03% |
| 2032 | $6.60 | 49.66% |
| 2033 | $9.82 | 48.79% |
| 2040 | $109.64 | 1016.50% |
| 2050 | $252.41 | 130.22% |
What Is Cardano (ADA)?
The Cardano network, founded in 2017, is a decentralized proof-of-stake (PoS) network similar to Ethereum. It seeks to sustainably enhance the security and scalability of the blockchain networks without compromising the environment. Energy-intensive networks like Bitcoin rely on a proof-of-work (PoW) consensus mechanism to maintain network functionality. However, PoW is energy-demanding, raising concerns at scale. Cardano’s PoS consensus, Ouroboros, has emerged as a leading alternative to PoW.
Touted as the first blockchain built on peer-reviewed research, Cardano seeks to be a decentralized app (dApp) homeland built to scale. ADA is the native token used in the Cardano ecosystem. ADA can be used as a store of value or investment and a peer-to-peer exchange, offering transaction fee payment and staking on the network by validators.
Will Cardano Go Past All-Time Highs?
Cardano is trading at around $0.3455 at the time of writing. To surpass the all-time high (ATH) of $3.10 set on Sept. 2, 2021, Cardano would need to grow over 797% from current levels. Such growth is plausible; however, it is hard to make accurate claims with volatile assets like cryptocurrencies. Its last ATH was set at the peak of the previous crypto bull run. Many speculate a bull market with the recent Bitcoin halving on Apr. 19, 2024. In a bull case, altcoins like ADA have seen massive gains in the past.
Cardano Price History and Market Position
Cardano, the 11th largest cryptocurrency by market capitalization, has increased over 18% since last year. Many altcoins like XRP, LINK and AVAX have seen similar corrections. Over the past seven days, ADA has decreased by around 6%. As a leading application protocol among developers, Cardano is a strong adversary of Ethereum. As Cardano continues to refine and iterate its network, it could become increasingly valuable to developers, users and investors. In a bull case, many speculate that ADA can make a strong run; however, it is hard to know for sure.
Coin Edition’s Bullish Long-Term Price Prediction for Cardano
Coin Edition is a popular outlet among Web3 enthusiasts. Using a combination of technical indicators like relative strength index (RSI), Bollinger Bands and Volume Accumulation Percentage Indicator (VAPI), Coin Edition predicts ADA could hit $1.40 in 2025 and $2.28 in 2026. This represents around 305% and 559% increases from current levels. Coin Edition indicates that the recent BTC halving could incite a bull market where ADA and other altcoins can grow. However, it is essential to note that price predictions should not be taken as financial advice.
Changelly Bearish Long-Term Price Prediction for Cardano
Changelly has a more moderate view of ADA. Through a combination of technical and fundamental analysis, Changelly estimates ADA could trade at a maximum of $0.759 in 2025, a 119% gain from current levels. In 2030, Changelly posits that ADA could trade at best around $4.15, a 1,101% growth. This is a relatively bearish estimation compared to the average increase from other experts. It is essential to recognize that predicting any asset won’t be accurate and should not be considered investment advice.
2024 Cardano (ADA) Price Prediction
Both CoinCodex and CoinPedia see a positive outlook for ADA in 2024. According to CoinCodex, ADA could hit $0.874714 this year, while CoinPedia has a slightly more bullish prediction, seeing the token to trade at between $0.27 and $1.00. Changelly and Coin Edition, on the other hand, have a more conservative Cardano price prediction, with the average trading price expected at around $0.356 and $0.44, respectively.
Across the board, experts mention the relevance of the recent BTC halving for altcoins like ADA. Historically, a bull market ensues after halving events. If this is the case, coins like ADA with strong fundamentals and good market positioning have plenty of room to grow. These predictions are merely opinions and should not be expected to be accurate. Do your own due diligence before making any financial decisions.
2025 Cardano (ADA) Price Prediction
In 2025, CoinCodex and CoinPedia believe that ADA could reach $1.778506 and $2.42, respectively, while Changelly predicts that ADA could trade at a maximum price of $0.759. Previous bull runs have lasted from one to two years. If crypto is entering a bull market, it is expected to last well into 2025. Experts believe that this will lead to accelerated growth among altcoins like ADA. Cryptocurrencies are volatile assets that are especially vulnerable to high variance. While these forecasts state attractive returns, taking each with a grain of salt is crucial.
2030 Cardano (ADA) Price Prediction
In 2030, experts have varying price predictions for Cardano. According to Changelly, ADA could trade at an average price of $3.54. CoinPedia sees a more bullish scenario, predicting ADA to trade between $9.12 and $10.32. CoinCodex and Coin Edition predict ADA to trade at a potential high of $1.302699 and $6.75, respectively.
Investors should know that these outlets rely heavily on technical indicators to make predictions. The further into the future an estimate is made, the less accurate it tends to be. While three-digit returns are impressive, they should be taken with caution. Investors should do their research before making any final decisions.
Where to Buy Cardano (ADA)
As the 11th largest cryptocurrency by market capitalization, ADA is a highly accessible coin across many platforms. If you are looking to invest, you can buy ADA on centralized and decentralized exchanges. Recommended platforms for purchasing ADA include Coinbase, eToro and Kraken.
How Long Will It Take for Cardano to Reach ATHs?
To preface, it is difficult to know when an asset will reach a specific price. According to most expert predictions, ADA is expected to surpass ATHs in 2030. The recent Bitcoin halving and increasing adoption of cryptocurrency is bringing more capital and interest into the asset class. As blue-chip coins like BTC and ETH grow, altcoins like ADA are expected to follow. Regulatory developments and market sentiment could play a big role in cryptocurrencies in the future, affecting prices. However, these estimations are merely predictions and should not be considered investment advice.
Where to Store Cardano (ADA) Safely
Crypto wallets are the best way to store cryptocurrency securely. There are two types, each with its benefits and drawbacks. Hardware wallets are the most secure option, with assets being stored offline. Investors tend to use these for long-term storage. In contrast, software wallets are easier to transact and provide additional online security, making them better choices for higher-frequency transactions.
- Best hardware wallet: Ledger offers excellent hardware wallets that keep crypto safe and secure offline. This wallet also provides a simple and smooth user experience for all levels of investors.
- Best software wallet: ZenGo allows you to bulletproof the security of your crypto without needing to take it offline. With an unparalleled user experience and secure recovery features, ZenGo is one of the best mobile wallets in the market right now.
Current Crypto Prices
The current crypto market capitalization sits around $2.4 trillion, up by 4.51% in the last 24 hours. BTC is up 1% the day after the Bitcoin halving, and ETH is up 2%. The overall crypto market has seen corrections, with altcoins taking some hits. With the Bitcoin halving now completed, many believe it is only a matter of time before the market heats up again. As the markets are red, many feel it is an excellent time to size into high-conviction positions. However, cryptocurrency is a volatile asset class, and investors should do their research before investing in any coin.
Is Cardano a Good Investment?
Cardano has emerged as a leader for dApp developers and users. ADA is at the heart of the Cardano ecosystem, providing key functionalities like staking on peer-to-peer exchanges and paying transaction fees. As Cardano continues to scale, ADA could potentially become more valuable. Cardano has positioned itself at the top with networks like Ethereum, leading many to believe in its long-term potential. Whether ADA is a good investment depends on each individual's goals and needs.
Frequently Asked Questions
What will Cardano be worth in 2025?
According to Changelly, the average price of ADA in 2025 could be $0.552.
How much is Cardano worth in 2030?
Some experts estimate ADA could trade as high as $10.32 in 2030.
How high can Cardano go in 2024?
While it is hard to know for sure, according to CoinCodex, ADA could reach $0.777351 by December 2024.
How much will Cardano be in 5 years?
In 2029, ADA is expected to be worth $2.41 on average, according to Changelly.
What will the ADA price be in 2050?
Based on Changelly’s Cardano price prediction, ADA could trade between $286.16 and $330.08, with an estimated average trading price of $302.95.
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About Gianluca Miller
Gianluca Miller’s crypto journey started in 2019 when he sought alternative assets to diversify his investment portfolio. With a keen interest in innovative technologies, he became increasingly involved in Web3 through trading crypto and participating in DeFi protocols. Over the last few years, he has become a blockchain evangelist, fascinated with the tech’s utility and impactability. Gianluca contributes to Benzinga, is working on a Defi research project through Blockchain UCSB, and continues to expand his Web3 acumen daily. He loves learning, analyzing new projects and market conditions, and building relationships with industry leaders.