Cardano price prediction 2022, 2023, 2024, 2025, 2030

Cardano is one of the largest and most popular cryptocurrencies. This page looks at the best Cardano price predictions to see what the coin might be worth in the years ahead.
By: James Knight
James Knight
James is the lead content editor for Invezz, covering the stock market, cryptocurrency, and macroeconomic markets. Outside of work,… read more.
Updated: Apr 19, 2022

Cardano price predictions

Most ADA forecasts are bullish about the future of the coin. They expect Cardano to increase in value over the next few years and attract new users as blockchain technology becomes more popular. You can see a summary of expert predictions in the table below.

YearAverage price prediction
2022$3
2023$4
2024$4
2025$10
2030$15
Expert price predictions for Cardano, updated April 7 2022

Where can I trade Cardano now?

Use one of the brokers below to trade Cardano. Sign up using the links in the table and you can set up an account in a few minutes, then use the information on this page to help you time your first purchase.

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Cardano price prediction 2022

What will Cardano be worth in 2022? Between $2 and $3, according to expert analysis. The growth forecasts are based on the release of new Cardano ETFs and platforms like Coinbase adding the option to stake ADA in 2022.

Cardano price prediction 2023

What will Cardano be worth in 2023? Most experts think the price will be between $2.50 and $4.50. The Cardano blockchain should have improved its smart contract technology and completed three hard forks by then. If these upgrades are successful then the price should continue to increase.

Cardano price prediction 2024

What will Cardano be worth in 2024? Most predictions expect a price of $4 to $5 by 2024. The continued growth relies on Cardano establishing itself as a genuine rival to Ethereum and attracting more projects to the platform.

Cardano price prediction 2025

What will Cardano be worth in 2025? The average price target is $10, while some analysts are willing to go as high as $15. The Cardano roadmap calls for 50 banks to be using its technology by 2026; the high prices reflect a belief it can meet those targets.

Cardano price prediction 2030

What will Cardano be worth in 2030? The most optimistic forecast has ADA at $50 by 2030. This high estimate is based on Cardano completing all five stages of its development journey so that it offers a fully decentralised network, owned and run by its users.

What affects the price of Cardano?

The state of the cryptocurrency market as a whole is one of the most important factors. Cardano often does well when the market is trending up and poorly when confidence falls. Along with that, there are some specific factors that affect the coin and there’s more detail on those below.

The fundamentals

Long term investors should think about how Cardano plans to add value over time. This list looks at how it can do that, how it plans to add new users, and what else you should consider.

  • New software updates. Upgrading the Cardano blockchain to offer new features is an important part of increasing appeal. For instance, when the network increased its capacity (and potential to scale up) in March 2022, the price jumped almost instantly.
  • Competitor performance. Cardano is one of many cryptocurrencies that have been dubbed the ‘Ethereum Killer’. Upgrades or issues with Ethereum, as well as other coins like Solana, Avalanche, and Polkadot, can affect the ADA price. In particular you should look out for the Ethereum merge in June 2022 that is likely to shake up the entire market.
  • New users and institutions. The ultimate goal for any blockchain is attracting more people to use the platform. Cardano wants to eventually attract a billion users, but more important for its price might be another goal to on board 50 banks by 2026. Institutional approval for any cryptocurrency can improve its long term prospects.

The technicals

Short term traders should base their buy and sell decisions on technical analysis. This is the art of studying price charts to find trends or indicators and using that information to predict how its value will move in the future.

  • Support and resistance levels. These are prices where there is likely to be a lot of traders ready to buy or sell the coin. They often exist at round numbers or psychologically significant ones, such as $1 or $1.50.
  • Channels. A channel is when the price fluctuates in between two parallel lines. The direction of the channel, ascending, descending, or parallel, can give you an insight into how positive or negative the market is about a coin. Breaking out of a channel, in either direction, can often lead to rapid price moves.
  • Trading volume. Volume is a good leading indicator of price changes. When there are a lot of people trading a coin, it often suggests that there is some underlying reason for the sudden interest or that a price move is imminent.

Cardano price history

Most of Cardano’s growth has come since 2021. Its value increased more than 500% in the crypto bull run between December 2020 and March 2021, and saw an even bigger spike in July 2021. The chart below shows how the price has changed over time.

ADA has been around longer than many crypto projects and so there is more price history to base trading decisions on. The chart shows how its price stayed around $0.20 for a long time, and then how the price jumped above $1 when Cardano started to upgrade the network and the crypto market hit the mainstream in 2021.

Key levels to watch

Three of the most significant levels to watch are $1, $1.50, and $2. These are prices where the price has rebounded before and where there is likely to be a high number of buy or sell orders. Longer term, $3 is also likely to offer significant resistance.

Is ADA a good long-term investment?

If it can attract new users ahead of competitors like Ethereum and Solana. The ultimate goal is to be the blockchain that can scale up and cope with a huge number of users at the same time, which would open up any number of possible uses for the technology.

ADA has a lot of things in its favour, like a well-known founder and the fact it’s already well established in the crypto space.

Key takeaways

Most forecasts expect the coin to increase in value and remain a major cryptocurrency in the years ahead. It could more grow to $3 or $4 in the next couple of years. To hit the most optimistic targets of $10 and beyond, Cardano needs to add more users and attract well-known companies to the network.

What is Cardano worth in 2022?
Will Cardano reach $10 this year?
Can Cardano reach $25?
Can ADA reach $100?
What will Cardano be worth in 2025?
What price will Cardano be in 2030?

Recent Cardano news

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Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

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James Knight
Lead content editor
James is the lead content editor for Invezz, covering the stock market, cryptocurrency, and macroeconomic markets. Outside of work, James is an avid trader and golfer… read more.