Will ADA Price Hit $2?

Story Highlights

  • The live price of the Cardano token is  $ 0.34124801.
  • ADA coin price could reach a potential high of $1 by the end of 2024.
  • Cardano price, with a potential surge, could go as high as $10.32 by the end of 2030.

With the BTC price back to $55,000, the altcoins market remains polarized. Amid such conditions, the Cardano network witnesses a massive surge in activity. With increased chances of a bullish recovery powered by a healthy network, Cardano prepares for a breakout rally. 

Are you considering buying Cardano this month before the bull run begins? Or, are you wondering, “Is Cardano a good investment?” or “Will Cardano reach $100?” Check out our detailed Cardano (ADA) price forecast for 2024 – 2030 for all your FOMOs and FUDs. 

Overview

CryptocurrencyCardano
TokenADA
Price $ 0.34124801 greengreen 0.78%
Market Cap $ 12,271,498,026.8257
Trading Volume $ 231,200,450.9138
Circulating Supply 35,960,643,044.1100
All-time High$3.10 Sep 02, 2021
All-time Low$0.01735 Oct 02, 2017
24 High $ 0.0000
24 Low $ 0.0000

ADA Coin Price Prediction September 2024

As the ADA price action teases a double-bottom reversal within a falling channel pattern, the growing RSI divergence supports the bullish side. Currently, the reversal rally from the $0.312 support accounts for a 3-day rise of 8.25% and challenges the 50-day EMA. 

Further, based on the recent Santiment data, Cardano witnessed a massive surge in the highest daily active addresses of 39,451.

As ADA price approaches the $0.35 resistance, the recovery rally teases a breakout rally ahead. A bullish cycle could challenge the 23.60% Fibonacci level at $0.421. Conversely, a downfall could cause Cardano to plunge to $0.312 in the upcoming weeks.

MonthPotential Low ($)Average price ($)Potential High ($)
September $0.312$0.365$0.421

Cardano Price Prediction 2024

The price of Cardano could rise as a result of recent network enhancements and rising activity. There are growing indications of a positive reversal. Strong support levels, an increase in significant transactions, and the expansion of its DeFi ecosystem could further spur additional recovery.

Trading at $0.341, ADA presents a buying opportunity with the potential to surpass $1 and reach $1.5 in 2024. A bull run could push it to $1, averaging $0.635 and possibly closing around $1.37 by year-end.

YearPotential Low ($)Average Price ($)Potential High ($)
20240.270.6351

ADA Price Prediction 2025

The year 2025 could signal growth for ADA, with prices potentially oscillating between a low of $1.81 and a high of $2.42. The average price during this period could stand at $2.115

YearPotential Low ($)Average Price ($)Potential High ($)
20251.812.1152.42

Cardano (ADA) Price Prediction 2026 – 2030

Price PredictionPotential Low ($)Average Price ($)Potential High ($)
20262.763.033.30
20274.564.795.03
20285.295.515.73
20296.687.2357.79
20309.129.7210.32

Also read: UniSwap Price Prediction 2023, 2024, 2025: Will UNI Coin Surge In 2023?

ADA Price Prediction 2026

Moving into 2026, ADA’s potential price is foreseen to elevate further, ranging between a low of $2.76 and a high of $3.30. The average price during this period could stand at $3.03.  

ADA Price Prediction 2027

The analysis suggests a further surge in Cardano’s value by 2027, with the price potentially hitting between $4.56 and $5.03. The average price during this period could stand at $4.79.  

ADA Price Prediction 2028

In 2028, ADA’s price could rise to fall between $5.29 and $5.73, with the average price standing at $5.51.  

ADA Price Prediction 2029

By 2029, Cardano’s price is projected to rise between $6.68 and $7.79, with the average price reaching $7.235.  

ADA Price Prediction 2030

Finally, by 2030, Cardano’s price is predicted to soar between $9.12 and $10.32, with the average price potentially standing at $9.72.  

Also, Check Out: March 2024 Crypto Adoption Report: Global Trends, Top Nations, and Regulatory Insights

Market Analysis

 20242025
Gov.Capital$2.12$3.09
DigitalCoinPrice$0.90$1.24

*The aforementioned targets are the average targets set by the respective firms.

CoinPedia’s Cardano (ADA) Price Prediction

Assuming that Cardano continues to focus on the upcoming updates of the network, we can expect a wider adoption rate of Cardano. Moreover, with the upcoming bull run propelled and fueled by Bitcoin halving in 2024, followed by a new altcoin season, Cardano is all set to create unprecedented new heights. 

We expect the ADA price to reach $1 by the end of 2024.

YearPotential Low ($)Average Price ($)Potential High ($)
20240.270.6351

Historical Price Sentiments

Source: TradingView

Also, Read: Coinpedia’s Price Analysis provides you with the latest content on the recent market trend that enables you to get closer to the price movements & actions of the various cryptocurrencies.

FAQ

How high will Cardano go by the end of 2024?

The price of ADA could surge to a maximum of $1 by the end of 2024.

How high can Cardano go by the end of 2025?

According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.42 by the end of 2025.  

If you had invested $100 in Cardano in 2020, what would it be worth now?

Assuming the best case is that you invested in Cardano in January 2020, your investment would have increased by 550%. In short, for every $100, you would have made an extra $550. 

What is the price of one ADA token?

At the time of writing, the price of 1 CardanoADA token was $0.341.

Is Cardano a good investment in 2024, amidst newer higher-performing entrants?

Cardano is an underrated investment and has a high chance of performing in the next couple of years, considering the plethora of applications.

Is it worth staking your Cardano?

If you are holding your ADA tokens for the long term, there is no downside to staking all of it.

Is Cardano dead?

Cardano is not dead, as it is witnessing major developmental upgrades, which could boost ADA’s price in the near future. 

Can Cardano overtake Ethereum?

Even the most bullish of Cardano supporters acknowledge that Cardano will only potentially surpass Ethereum within 8 to 10 years.

ADA
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Source: https://coinpedia.org/price-prediction/cardano-price-prediction/