Cardano’s ADA token has seen a sharp rise over the past few weeks, recovering somewhat after heavy losses in 2022. The price rose from $0.25 to $0.40. But the all-time high was already 3 dollars in September 2021. Can Cardano reach 10$ in 2025? What are the odds of this happening?
How has the Cardano price moved in the last few weeks?
The price of Cardano’s ADA token has just had a very weak year 2022. The price fell below $0.30 towards the end of the year. That was a loss of more than 90% from the all-time high in September 2021. This drop was stopped at the turn of the year.
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In the new year, the Cardano price rose from 0.25 to 0.40 US dollars. This made Cardano one of the most successful cryptocurrencies in recent weeks. The price has risen by more than 50% in the past few weeks.
When will Cardano Price increase?
An increase of over 50% sounds very high. But we have to keep in mind that the Cardano price was already 3 dollars in the last bull market. There still seems to be a long way to go before this value is reached. The next important mark for Cardano would be a price of $10 for an ADA token.
This Cardano price at $10 could come in the next bull market. The next bull market should start in 2024 after the upcoming Bitcoin Halving. The peak of the bull market would therefore very likely be in 2025. In this year, a Cardano price of 10 dollars should also be possible.
Will Cardano reach $10 in 2025?
At the moment, the road to this brand still seems to be very long. Because even in the last bullish phase, the price could only rise to $0.40. So we need almost a factor of 30 increase to reach the $10 value for the ADA token.
Nevertheless, we see it as very likely that the Cardano price can reach $10 in 2025. Because the next bull market should bring another price explosion at Cardano. In the last bull market, the price could rise to 3 dollars. The factor of increasing the all-time high would therefore not be that high at all.
Therefore, we see an 80% probability that the Cardano price can reach $10 in 2025. However, this is not intended as an investment recommendation. Cryptocurrencies like Cardano are still very speculative investments. But Cardano definitely can reach Bitcoin’s market cap of today within 2 years.
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Source: https://cryptoticker.io/en/cardano-price-at-10-in-2025/