Cardano roadmap (2024)

FAQs

Will Cardano reach $100? ›

Will Cardano reach $100 dollars? For Cardano to reach $100, its market capitalization would need to be around $3.5 trillion (which is $100 multiplied by its circulating supply of 35,045,020,830 ADA). For context, the total market capitalization of all cryptocurrencies combined was $2.5 trillion as of March 21, 2024.

Multiple analysts have forecasted that ADA could surge to $27 in the current market cycle. Notably, some entities expect ADA to reach loftier targets several years from now. In particular, analysts at crypto trading platform Changelly predict that the price of ADA could hit $500 by April 2050, 26 years from now.

Price Range for 2025: $1.81–$2.42 (as for May 22, 2024). Coinpedia analysts predict a significant increase in the ADA price. In 2025, Cardano will trade between a low of $1.81 and a high of $2.42 with an average price of $2.115.

Will Cardano reach $20? For Cardano's ADA to reach $US20, its market capitalisation would have to be around $US700 billion (which is $US20 multiplied by its circulating supply of 35,045,020,830 ADA).

In conclusion, ADA has the potential to reach a new all-time high, but the $10 target is arbitrary and unsubstantiated.

ADA price forecasts for 2040

However, they recognise that price cycles may peak at more moderate levels, ranging between $3.18 and $19.36. WeStarter predicts a high of $6.15 and a low of $3.25 in 2040.

Cardano Predictions For 2050

A potential minimum price for ADA in 2050 could be around $60, while it may reach a significant high of around $100 or even higher.

Alongside Bitcoin, four altcoins - Pepe Unchained, Crypto All-Stars, Base Dawgz, and Solana - are showing potential for significant growth in 2024, driven by their unique features and strong communities. After a trying journey, Bitcoin is preparing for another surge.

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.

Why is ADA pumping? ›

ADA's crypto market dominance improves

ADA's gains today are largely attributed to a shift in capital from Bitcoin, which holds over 50% of the crypto market's valuation, to Cardano. On May 6, the closely monitored ADA/BTC pair rose by 1.54% to 729 satoshis. Simultaneously, the Cardano Dominance Index (ADA.

According to our Cardano price prediction, ADA price is expected to have a -1.74% decrease and drop as low as by September 10, 2024. Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 64%, with a Fear & Greed Index score of 29 (Fear).

Changelly Bearish Long-Term Price Prediction for Cardano

Through a combination of technical and fundamental analysis, Changelly estimates ADA could trade at a maximum of $0.6538 in 2025, a 88% gain from current levels. In 2030, Changelly posits that ADA could trade at best around $0.9728, a 180% growth.

On The Flip Side: While Fiery Trading's forecast sets an enthusiastic tone within the Cardano community, the expected rise to $35 is not anticipated to occur until around 2025, during what is projected to be the next bull market peak for ADA.

Cardano (CRYPTO: ADA) minted some millionaires after its market debut. The cryptocurrency started trading at $0.025 in 2017 and surged to a record high of $3.09 in 2021. That rally would have turned a $10,000 investment into $1.24 million.

The Road to $15

Changelly's analysts believe ADA can reach $15 by March 2032, where they set a maximum target of $15.13. Telegaon sets an average price target of $15.86 and a maximum of $16.24 for 2035, suggesting that 2035 is the year ADA reaches the $15 mark.