< Back

Cardano Price Prediction

An up-to-date Cardano price prediction for 2021, 2023, 2025. Wondering what is the future of ADA price? Find out Cardano price forecast with historical, fundamental and technical analysis.
Swap Tracker

Cardano Fundamental Analysis

Project name
Cardano
Stock Symbol
ADA
Curr. Price
1.305
Curr. Supply/Total Supply
32249607978.958843
ROI Since Launch
No Data
Launch Date
No Data

Ada is a native token of the Cardano network – one of the oldest projects in the space, founded in 2015 and aiming to overcome the issues plaguing other Level 1 blockchain networks, such as scalability and interoperability while keeping the network just as secure. Its creator is Charles Hoskinson, a co-founder of Ethereum, who had a vision of commercializing blockchain tech, as opposed to keeping it non-profit, which resulted in him leaving Ethereum.

Cardano’s stated purpose is to provide the platform for dApp development. While it may not be a unique use case, what sets Cardano apart from similar projects is its technology. Cardano employs a team of highly qualified scientists and boasts peer-reviewed research as a base for all the technological developments in the ecosystem. Cardano is managed by three entities: IOHK, which oversees the technological side, Cardano Foundation, responsible for the platform expansion, and Emurgo, working with entrepreneurs and dApp developers to commercialize the platform. 

The network is secured using the Proof-of-Stake consensus protocol first developed by academic researchers, called Ouroboros. It allows users to stake their ADA tokens in a mining pool or delegate them to the pools to earn rewards. It’s one of the first PoS solutions, more energy-effective and environmentally friendly than Proof-of-Work. ADA is also used as a currency, enabling transactions within the network.

Cardano Live Price Chart

Cardano began 2021 on a strong note, surging above $1.3 in February on the wave of public enthusiasm for crypto. Ada’s price continued to rally in the spring, experiencing an all-time high of $2.46 in May. After the general trend on the crypto market reversed and prices started to fall, Cardano followed suit, and Ada’s price gradually declined. However, by July it still didn’t go below $1, besides, Cardano’s price graph has been following a wide wedge since its latest peak, which is very promising for Ada’s future.

Cardano Technical Analysis

Despite the fact that 100% accurate technical analysis for Cardano cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated ADA buy-and-sell rating for selected timeframe. The summary for ADA/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Cardano Price Prediction

Below we have collected the most reliable price projections for Cardano (ADA) from popular forecast platforms.

#1. WalletInvestor ADA Price Prediction for 2021, 2023, 2025

According to WalletInvestor, Cardano price will grow from $1.305 to $3.013 in one year. That makes ADA an awesome investment. The long-term earning potential is 130.88%. Predicted price for the end of 2026 is $9.710.

#2. TradingBeasts ADA Price Prediction for 2022

Answering the question about if Cardano is a good investment, TradingBeasts say a resounding no. In the 2021 perspective, this coin price is predicted to reach $1.27290 with a growth to $1.50579 by the end of 2022.

#3. DigitalCoin ADA Price Forecast for 2021, 2022, 2023, 2025

In DigitalCoin analysis, the price of Cardano cryptocurrency will rise in the next 5 years starting from $1.30253 as of today’s price to $5.0987276. It will go up to $2.1646238 by 2022 and continue its growth in 2023-2024. Based on this forecast, Cardano is a profitable long-term investment.

#4. LongForecast ADA Price prediction for 2021-2022

In 2021, the average Cardano price will go up to $1.3083333. In 2022, Cardano’s price will rise significantly to an average of $2.0729167.

Summary

As it can be clear from the analysis cited above, Cardano (ADA) projections are rather contradictory. There is no universal consensus either about positive or negative future ADA price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Cardano projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

About SwapSpace

SwapSpace is a cryptocurrency exchange aggregator that allows to swap over 450 cryptos with both fixed and floating rates. We gather the rates of major crypto exchanges on the market onscreen and let our users compare and choose whatever option they like the most. We don’t add any fees over the partners’ rates, which makes the exchanges via SwapSpace profitable. The exchange time is no longer than at any of our integrated services starting from 10 minutes. SwapSpace support works 24/7.

Exchange Cardano

This pair is not available for exchange

More About Cardano