Cardano Price Prediction: What Price Will the Peer-Reviewed Crypto Reach?

August 1, 2022
Reading Time: 8 min
Cardano Price Prediction: What Price Will the Peer-Reviewed Crypto Reach? - cardano2

Cardano was late to the crypto market compared to many others, but the altcoin crypto asset is brimming with innovation, giving it incredible projected growth which fueled early hype and price growth. Cardano potential is still extremely high, if not higher than before.

This guide aims to provide a variety of ADA price predictions from top crypto market experts and more, and to answer the most important burning questions related to Cardano projected growth, such as “should I invest in Cardano,” “is Cardano a good investment,” or “how high will Cardano go?”

Cardano Current price and Overview 

Cardano ADA price for today is 0.508 US Dollars. It has market capitalization of 17,331,729,643 and a trading volume of 34,716 over the last 24h. Current circulating supply of 33,752,565,071 Million coins (of 45,000,000,000 Million).

Discover Live streaming Cardano ADA price in US Dollars  More ADA/USD data

Expert’s Take On ADA Price Predictions for July 2022

Using these realistic Cardano price predictions from experts below, we can attempt to determine an estimated growth rate for each ADA coin in August.

MonthAverage
Longforecast2022 Aug$0.47
Changelly2022 Aug$0.54
Walletinvestor2022 Aug$0.57

Cardano (ADA) Price Prediction in 2022

After a bullish phase has ended, a bear market could begin again according to how markets cycle. Cyclical behavior also means that prices will eventually recover, but not before Cardano falls back below its 2017 peak to cause investors to capitulate.

MonthLowAverageHighMo,%
2022
Aug0,610,630,681,67
Sep0,620,640,713,28
Oct0,630,660,753,17
Nov0,650,680,771,54
Dec0,670,690,80

Cardano Price Prediction for 2022 from Crypto Experts

The forecasted Cardano price at the end of 2022 is $0.80 – and the year to year change -40%. The rise from today to year-end: +56%. In the first half of 2023, the Cardano price will climb to $0.88; in the second half, the price would add $0.05 and close the year at $0.93, which is +81% to the current price.

coinpriceforecast.com

 

With continuous improvements in the Cardano ecosystem, we can say that 2022 is a good year for ADA. For this reason, the bullish price prediction of Cardano in 2022 is $4.49. On the other hand, the bearish ADA price prediction for 2022 is $1.26.

cardanofeed.com

ADA Price – Social Sentiment

How social media affects cryptocurrency`s value? Studies have established social media comments can also impact price movements immensely. Analysts and researchers have proven increasingly positive social media commentary can significantly drive prices upwards. Is Cardano a good investment? How high can Cardano go?  What does social media like Twitter and Reddit tell us about this:

Read more Tweets

Cardano Price Prediction for 2023

MonthLowAverageHighMo,%
2023
Jan0,660,740,762,86
Feb0,720,760,794,17
Mar0,750,790,821,33
Apr0,770,800,863,95
May0,800,830,903,80
Jun0,830,860,951,22
Jul0,850,870,984,82
Aug0,870,911,023,45
Sep0,910,951,063,33
Oct0,930,981,102,15
Nov0,981,001,164,21
Dec1,011,041,19

Expert’s Opinion on future price of Cardano in 2023

 

After the analysis of the prices of Cardano in previous years, it is assumed that in 2023, the minimum price of Cardano will be around $0.85. The maximum expected ADA price may be around $1.01. On average, the trading price might be $0.87 in 2023.

changelly.com

 

According to our forecasts, the Cardano price is going to increase. Now the Cardano price is $0.4428070, but by the end of 2023, the average Cardano price is expected to be $0.6142372.

tradingbeasts.com

Cardano Price Prediction for 2024

MonthLowAverageHighMo,%
2024
Jan0,991,091,123,85
Feb1,091,131,173,70
Mar1,131,181,223,57
Apr1,171,221,273,45
May1,221,261,333,33
Jun1,251,301,404,03
Jul1,311,351,454,65
Aug1,371,421,522,96
Sep1,421,461,581,44
Oct1,431,481,653,55
Nov1,491,531,712,05
Dec1,521,561,79

Expert’s Opinion on ADA price forecast in 2024

According to the Cardano forecast price and technical analysis, in 2024 the ADA price is expected to cross an average price level of $1.29, the expected minimum price value of Cardano by the end of the current year should be $1.25. Moreover ADA can reach a maximum price level of $1.46.

priceprediction.net

 

If the pattern continues, the price of ADA might reach the resistance level of $1.25 & $3.16. If the trend reverses, then the price of ADA may fall to $0.4040.

coinjournal.net

Cardano Price Prediction for 2025

MonthLowAverageHighMo,%
2025
Jan1,481,641,683,21
Feb1,631,691,751,86
Mar1,661,721,821,83
Apr1,691,751,892,99
May1,731,811,974,07
Jun1,821,882,072,79
Jul1,861,932,142,17
Aug1,901,972,222,13
Sep1,932,022,324,17
Oct2,042,102,423,50
Nov2,122,172,523,38
Dec2,182,252,60

Cardano Price Forecast for 2025 from Experts

 

Future price of the asset is predicted at $4.75 for 2025 according to our prediction system.

gov.capital

 

In 2025, Cardano will trade at a minimum of $3.68 and a maximum of $4.38. The average price is estimated to be $3.81.

analyticsinsight.net

Long-Term Cardano Price Prediction 2026 – 2030

When the market does recover, Cardano could be on track to take out $10, and re-enter price discovery with no real resistance to speak of. How far each ADA climbs is anyone’s guess.

Cardano Price Prediction: What Price Will the Peer-Reviewed Crypto Reach? - Screen Shot 2021 09 21 at 9.40.58 AM 1024x467

About Cardano

Cardano is the world’s first ever academic, peer-reviewed decentralized blockchain solution and ADA is the native cryptocurrency that powers that protocol.

Cardano and ADA were created by ex-Ethereum co-founder Charles Hoskinson. Charles Hoskinson is yet another pioneer in the cryptocurrency space working to push overall adoption forward and has played an important role in the early phases of the industry.

Although he is heavily focused on Cardano, he is also the director of The Bitcoin Education project that supports the first ever cryptocurrency. Hoskinson studied math and cryptography at the University of Colorado and applied those learnings to the projects he has worked on. 

What is Cardano Coin (ADA)? A Third-Generation Blockchain

Cardano uses a powerful proof of stake consensus algorithm called Ouroboros to secure the blockchain. It is uniquely designed to head on address the scalability issues associated with Bitcoin, Ethereum, and other gen 1 and gen 2 blockchains.

Although it is vastly different, it more closely resembles Ethereum with its focus on smart contracts. However, it claims to offer many advanced features over other blockchains.

Cardano takes a scientific philosophy and research driven approach, and even had its product peer-reviewed by a number of universities before its release. The development team itself is packed with some of the most respected researchers, cryptographers, and engineers.

While ADA coin can be stored on a Ledger, Trezor, exchanges, or nearly any platform wallet, its native wallet is called Daedalus.

The project is supported by the Cardano Foundation, Input Output Hong Kong, Emurgo, and a wide variety of partners and universities.

Cardano focuses on functional programming, formal development methods, and prototyping to ensure the future of the project is sound. It is also one of the altcoins with the most clear and well-defined roadmap. The Cardano future is bright. Learn more here 

Cardano Price History And Long Term Price Potential

Cardano’s first price action was recorded in late 2017 and early 2018, so the relatively new altcoin is still well within price discovery mode and trying to find its fair market price and value. This was during the crypto hype bubble of late 2017, which caused the crypto industry to be put on the map and made into a household name.

Because the tech has such long term price potential and hype, the initial buzz, Cardano news, and speculation drove ADA prices from just $0.02 in October 2017, to as high as $1.33 at its now-former all-time high set on January 4, 2018. Investors were left in shock, wondering why Cardano is going up.

After that, ADA fell to as low as $0.025 just recently on Black Thursday in March 2020. The devastating crash rocked all of crypto and all other markets, so ADA wasn’t spared either.

Before that, however, Cardano set a temp low in 2018 at $0.03 and reached the same Cardano value again in 2019 at the deepest low. The high for 2019, was just $0.10 making it a stagnant year for Cardano. During the bear market, investors were asking why is Cardano going down and when will this downtrend finally come to an abrupt end?

In 2020, Cardano had another massive breakout with the rest of the cryptocurrency industry, and is now back in the top ten cryptocurrencies by market cap to start 2021. It also set a new all-time high at more than $3 per ADA coin. Since then, it has retraced back to around $2.17.

What highs are yet to come for ADA coin is anyone’s guess, but this guide will provide many ADA price predictions both from crypto industry experts and through detailed technical analysis that can help predict future price movements.

ADA Historical Price Changes

Cardano’s all-time high price was $3.10 in September 2021. Here’s a look at Cardano’s price history from 2020 until now.

DatePriceOpenHighLowVol.Change %
Jul 220.50180.45920.54810.40445.63B9.32%
Jun 220.45910.62550.66700.421010.86B-26.60%
May 220.62550.75650.90490.402910.46B-17.32%
Apr 220.75651.14151.24340.73724.93B-33.73%
Mar 221.14150.96301.24380.77826.68B18.45%
Feb 220.96371.05191.26130.74787.27B-8.39%
Jan 221.05191.30881.63490.92359.92B-19.64%
Dec 211.30901.55321.75651.18489.75B-15.73%
Nov 211.55331.96562.37461.42309.94B-20.95%
Oct 211.96492.11622.37121.81027.97B-7.16%
Sep 212.11642.76933.09891.913212.67B-23.58%
Aug 212.76931.31782.97011.262615.36B110.35%
Jul 211.31661.38381.49431.02118.17B-4.86%
Jun 211.38381.73991.73991.201015.53B-20.47%
May 211.74001.35212.46011.023134.90B28.69%
Apr 211.35211.19151.55660.943821.85B13.49%
Mar 211.19131.31181.47190.988125.87B-8.90%
Feb 211.30770.34511.48410.333442.51B279.01%
Jan 210.34500.18140.39710.168642.39B90.22%
Dec 200.18140.17210.19660.126425.97B5.41%
Nov 200.17210.16930.18260.120728.62B85.08%
Oct 200.09300.10130.11420.089516.12B-8.26%
Sep 200.10130.12250.12800.075619.28B-17.24%
Aug 200.12250.13880.15220.102217.06B-11.80%

Conclusion: Is Cardano a Good Investment Or Not?

All of the above long term price predictions aim to provide investors and traders with a look at Cardano growth and projected value. After years of going down, ADA is ready to increase in price once again and show the true Cardano potential we all know the powerful asset is capable of.

Cardano is also extremely new, which means investors and traders can get in very early still, and become among the few that experience the greatest financial upside.

To review the price predictions thus far, the below table offers a snapshot broken down by year.

Cardano is a cryptocurrency asset, much like Bitcoin, Ethereum, Litecoin, EOS, and Ripple – all assets offered on PrimeXBT. PrimeXBT is a Bitcoin-based award-winning margin trading platform offering exposure to forex, commodities, stock indices, and crypto assets like Cardano all under one roof.

The platform features extensive learning materials via an always on help center and provides 24/7 customer support via live chat.

Advanced trading tools such as long and short positions, stop loss orders, take profit orders, built-in charting software and more are available for professional traders who desire only the best.

Leverage is offered on all of the available assets, up to 50+ total. Leverage lets traders protect their capital by multiplying small amounts to become large powerful positions that drive massive profits. A small, 5% move can turn into 5,000% with up to 1000x leverage offered by the platform.

After the crypto bubble popped, ADA fell into a bear market, using the tools on PrimeXBT, a trader could short an asset in a downtrend, making money off when asset prices are falling. Once things turn around, a long position would take advantage of any bullish upside.

Registration takes less than 60 seconds and requires no KYC process or personal information. Once registered, users can try trading any of the assets offered on the platform or can opt to build a diverse portfolio of many lucrative assets.

FAQ: Frequently Asked Questions

Will Cardano hit $10?

Cardano could be on track to take out $10, and re-enter price discovery with no real resistance to speak of. How far each ADA climbs is anyone's guess.

Why is the ADA coin price going up?

The fundamental catalyst behind the surge in ADA price is the rise in the issuance of native assets on the Cardano network.

How high can Cardano go?

Most optimistic bullish long-term Cardano price forecast could be anywhere from $20 – $40

Risk Disclaimer
Investing in or trading gold or other metals can be risky and lead to a complete loss of capital. This guide should not be considered investment advice, and investing in gold CFDs is done at your own risk.
The information provided does not constitute, in any way, a solicitation or inducement to buy or sell cryptocurrencies, derivatives, foreign exchange products, CFDs, securities, and similar products. Comments and analysis reflect the views of different external and internal analysts at any given time and are subject to change at any time. Moreover, they can not constitute a commitment or guarantee on the part of PrimeXBT. The recipient acknowledges and agrees that by their very nature any investment in a financial instrument is of a random nature and therefore any such investment constitutes a risky investment for which the recipient is solely responsible. It is specified that the past performance of a financial product does not prejudge in any way their future performance. The foreign exchange market and derivatives such as CFDs (Contracts for Difference), Non-Deliverable Bitcoin Settled Products and Short-Term Bitcoin Settled Contracts involve a high degree of risk. They require a good level of financial knowledge and experience. PrimeXBT recommends the consultation of a financial professional who would have a perfect knowledge of the financial and patrimonial situation of the recipient of this message and would be able to verify that the financial products mentioned are adapted to the said situation and the financial objectives pursued.

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