The crypto markets have been in a downtrend over the last year with the Ukraine-Russia crisis, news of Biden signing an executive order on crypto regulation, recession fears, and being correlated to a correction in the S&P 500.

There’s new bullish news for Cardano investors though – its developers announced three major upgrades will be rolled out, one implemented so far – we’ll list those in this guide and our ADA price predictions.

Cardano Price Prediction – Overview

  • End of 2023: If all ADA upgrades are successfully implemented, it might reclaim and flip the $1 resistance level to support by the end of 2023, printing macro higher lows – confirming a new bullish market structure.
  • End of 2024: The upgrades could help ADA attract more users and investors in the coming year as ADA eyed to touch the $2.5 level after a few likely pullbacks.
  • End of 2025: If the crypto markets rally in the run-up to the 2024 Bitcoin halving, the most bullish ADA crypto price prediction would see it making a new ATH in 2024, going into price discovery until reaching the $4 level.
  • End of 2030: Increased crypto adoption would induce the use of smart contracts platforms like Cardano in the coming years. As a result, ADA could continue gaining momentum and potentially reach the $10 mark.

Cardano – Latest News

  • Cardano’s team is set to release a software toolkit in the near future that will permit developers to create custom-made sidechains on the Cardano platform to enhance the ecosystem’s growth prospects.
  • The launch of Djed (DJED), a fresh algorithmic stablecoin on the Cardano mainnet, has been a talking point recently. This new token is pegged to the US dollar and sustained by Cardano’s native cryptocurrency, with the Shen (SHEN) token acting as its reserve currency.
  • In the past 14 days, Cardano has corrected by 15.7%.


⊛ Coin Name Cardano
💲 Price $0.3630084
🔆 Coin Symbol ADA
⏳ Price Change 1h0.3%
🌕 Price Change 24h 2.3%
💵 Market Cap$12,604,239,983
🥇 Rank7
🌐 24h Volume$372,121,692
🔄 Circulating Supply34,721,623,418
💰 Total Supply35,608,886,724

Cardano Price History

The Cardano price began trading at just under $0.02 when it became available to the public in Oct 2017, on Bittrex exchange and later Cryptopia which was hacked and liquidated, now defunct – underscoring the importance of choosing well regulated crypto exchanges if you invest in Cardano or any crypto asset.

Realising the 40x return on investment (4000% ROI) made since then as an early investor wouldn’t have been possible if your ADA had been held a scam site or low security platform.

Cardano price chart

During the 2017 crypto bull run that saw retail investor FOMO (fear of missing out) push the Bitcoin price to $20k, ADA spiked to over $1 within three months of launch. During the 2018 bear market it then fully retraced the whole move, back to $0.02.

One of the ‘OG’ altcoins, that bull run and reversal encapsulates the volatility of cryptocurrency and shows it is ‘time in the market, not timing the market‘ that makes the difference for an investing strategy, alongside dollar cost averaging (DCA) to get a better average entry – don’t go ‘all in’ at one price point.

Cardano ATH – $3.10, September 2021

The ADA coin price went on to make new all-time highs in 2021 but many Cardano investors would have capitulated and sold their ‘bags’ during the multi-year bear market between those two bull cycles. Some new additions to the Cardano community will have bought the top at $3 and now be wondering if Cardano will go up or if they should sell now.

In the past 12 months, the Cardano price is down by nearly 64%, but from its peak has corrected by over 87%.

If it does retrace to the $0.3 support level – where it opened for trading on Binance when it was first listed there – it will have repeated past price history and fully retraced a bull cycle. Currently, ADA is trading at $0.375 with a market cap of nearly $13 billion.

Cardano Live Price

After reaching an ATH, ADA plunged to the $0.24 level by the end of 2022. However, this cryptocurrency surged from the $0.24 mark to a current price of $0.33, a 37% price increase. Despite the current price jump, the token has proven to be volatile in the past few months.

Cardano is down by 16.9% in the past 30 days.

Nasdaq Business Analyst Cardano Prediction

Josh Enomoto, a former senior business analyst for Sony Electronics who has worked with Fortune 500 companies, wrote in that it’s not ‘out of reach‘ for Cardano to break the ‘double-digit threshold‘.

He made that case back in May 2021, and potentially $100 by the end of 2027. Altcoins do trend very strongly in both directions, up or down. We’ll analyze that Cardano forecast below and make our own Cardano price predictions.

You can also get Cardano price predictions today at eToro, an FCA regulated crypto platform and social trading network where professional traders share their insights and investors have the option to copytrade them or their portfolio allocation.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Cardano Price Prediction

For the Nasdaq analyst’s Cardano forecast of $10 to play out at this point, it would likely require the current red monthly candle on the Cardano price chart to close green, leaving only a wick and short deviation below support – a ‘fake out’ to the downside before reclaiming $1.

The Cardano upgrades could increase investor confidence in ADA enough for it to decouple from Bitcoin and move up on its own. However it happens, ADA would need to get back above $1 as soon as possible and rally to test the $1.50 – $2 level – that’s possible based on the chart even as part of a short squeeze and putting in a lower high before further downside – shorts rarely get a free ride all the way down.

Next Cardano Bull Run?

Then Cardano would need to go on a 5 – 6x bull run the remainder of the year sparked by news of all its upgrades being successfully implemented and the optimizations being noticeable. That kind of price expansion has happened before in Cardano’s price history.

Cardano Price Prediction 2023

Historically Cardano has been slow to implement fundamental updates on its roadmap, or see the benefits of them.

The Cardano community has also been the target of FUD (fear, uncertainty and doubt) on social media. Founder Charles Hoskinson once commented: ‘You don’t see this in other industries. You don’t see in physics or biology, or cellphone manufacturing, or whatever, pick an industry, the amount of tribalism, hate, and vitriol that our industry has for each other.’

Cardano founder

Charles Hoskinson featured on the eToro blog

Investor Place has warned in a market insight a recession may also be coming, which would not bode well for the financial markets especially more ‘risk on’ assets like altcoins. In bear markets coin prices still don’t move up in response to positive news updates.


In the most bearish case, Cardano could enter another long-term bear market in a sideways trading range under $0.5 if it needs more time to accumulate before the next cycle. The advantage of that is that the longer the accumulation, the more explosive the upward move.

Closing a monthly candle above $0.7 would be strong signal of bullish continuation. We’d favour bulls over the bears for a retest of the ATH by the end of 2023 if it manages to break $1 in 2023. All in all, Cardano could test the $0.7-$1 resistance range by the end of 2023.

Cardano Price Prediction 2024

Despite the majority of forecasts being optimistic, there are certain factors that make us question the outcome. The highly anticipated blockchain update is expected to drive prices up, but what if it doesn’t live up to expectations and falls short?

Cryptocurrency prices often respond positively to upgrades, as demonstrated by Ethereum’s EIP-1559, which sent its value soaring above $3,000. However, Cardano’s value plummeted by almost 50% after the launch of Alonzo. Despite this setback, Cardano remains dedicated to improving its products, even in a bear market. This makes it a solid investment choice as its utility expands, setting it apart from its competitors.

This trend supports a positive outlook for Cardano, leading many experts to believe that ADA will hold its value over time. Investing in Cardano’s utility token may pay off as the cryptocurrency market picks up again, potentially sending ADA’s price soaring past its previous ATH.

Consequently, Cardano could continue its rise as it strives to enter the $2.5 zone in the coming months.

Cardano Price Prediction 2025

The next Bitcoin halving is projected to take place in March 2024, and the 2021 crypto bull run took place shortly after the 2020 Bitcoin halving. That saw Bitcoin move past its previous top of $20k to $69k, and the total crypto market cap go from $1 trillion to $3 trillion.

Assuming Cardano holds its relative value vs. Bitcoin on the ADA / BTC pair – now 0.000016 – then if the Bitcoin price one day hits $500,000k as some investors predict, that would put the ADA coin price at $4.

That’s based on Cardano not underperforming or outperforming Bitcoin from this point in time onwards, only holding stable in relation to it – 0.000015 ADA / BTC is an important historical confluence level, being support in 2018, resistance in 2019 and 2020, then support again in 2021.

Cardano Price Prediction 2030

Despite a drop in 2022, ADA is expected to provide value and good returns in the future. However, cryptocurrency markets are highly volatile, so it’s crucial only to invest what you can afford to lose.

Cardano’s recent introduction of its first stablecoin is a major accomplishment, and more stablecoins are being developed on its network. EMURGO’s new USD-backed stablecoin, USDA, will be the first fully regulated stablecoin in the Cardano ecosystem.

As the cryptocurrency market grows, Cardano is poised to benefit in the long run as the world shifts towards a decentralized future. If markets attempt to push prices up, a break above $9 is expected as they attempt to shake off bearish sentiments and regain positive momentum. Some analysts believe ADA could peak as high as $10 by 2030.

Cardano vs Bitcoin

Our thesis is that Bitcoin is Gold 2.0, that it will disrupt Gold as a store of value. If it does that, it has to have a market cap of $9 trillion, so we think it could price one day at $500,000 per Bitcoin.” – the Winklevoss twins, speaking to Business Insider in 2020.

Tyler and Cameron Winkelvoss, founders of Gemini exchange, became billionaires through investing in Bitcoin after – allegedly – Mark Zuckerberg stole the idea for Facebook from them at Harvard. The social media giant has since rebranded to Meta, and metaverse crypto projects have entered the markets.

Alternatively, ADA / BTC could retest its previous ATH of just under $0.0009 while Bitcoin was at just over $100k – that would also place the ADA coin price at $10. Therefore in the long term, $10 does seems achievable for Cardano.

Many decentralized finance projects continue to be built on the Cardano blockchain, and Layer-2 (L2) DeFi coins run those Cardano DeFi projects. More than 20 million tokens have been produced on Cardano, many of which are NFTs (non-fungible tokens).

Cardano has lower gas fees than Ethereum so is a growing part of the NFT market. It has at points been hailed as an ‘Ethereum killer’ that could flip ETH in marketcap one day – it would do that at a price of $10, assuming the Ethereum price remained stable.

Cardano announced a partnership with esports and gaming platform Rival to develop NFT marketplaces and platforms, giving a boost to the NFT space.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Potential Highs & Lows of Cardano

The most optimistic bullish Cardano price prediction would have it flipping ETH as some predict, and then flipping BTC if Bitcoin dominance and market share drops as DeFi, NFTs and the Metaverse take over the crypto space. Here are potential highs lows for the coin:

Year Potential High Potential Low
2023 $1 $0.2
2024 $2.5 $0.9
2025 $4 $2 
2030 $10 $5.5

Can Cardano be the next Ethereum?

In the most bearish case, developments to ETH 2.0 could improve gas fees and transaction speeds of Ethereum, removing some of the use case of Cardano. Other altcoins and Layer-1 (L1) crypto projects can also compete with ADA to be an ‘Ethereum killer’, for example Solana.

Cardano vs Ethereum

Cardano vs Ethereum – a Cardano price prediction may depend on ETH’s upgrades

Also all altcoin projects can potentially be abandoned by developers. Unlike Bitcoin, whose creator Satoshi Nakamoto is a mystery, altcoins have routinely died and never recovered, when their developers moved onto other projects – e.g. Litecoin has been in a bear market versus BTC for four years since founder Charlie Lee left and famously sold his coins at around the $400 level.

Cardano is still 4000% higher than its initial trading price – some altcoins have dropped 90% and then another 90% on top of that, it’s not unheard of in crypto. That kind of price crash would put Cardano back at $0.02, although it is unlikely to happen given the range of crypto projects running on Cardano.

It would need a black swan event affecting the entire crypto markets, and even those can be temporary – after the March 2020 ‘Covid crash’ where BTC dumped to $4000, crypto rallied to new highs within months.

One point of view is that the lower a crypto asset goes, the higher it can then go – as longs are liquidated and more of the asset can be held by ‘diamond hands’ holders that buy the dip to low prices and will never sell. The pandemic crypto crash may have been the catalyst allowing it to reach new highs.

We put together a list of the best Youtube crypto channels, many of which make price predictions for altcoins, including Cardano.

What is Cardano Used For?

Founded in 2014 by Charles Hoskinson and Jeremy Wood, Cardano is an open source, decentralized, third-generation proof-of-stake blockchain project intended to be more efficient, scalable and environmentally-friendly than proof-of-work (PoW) networks like Ethereum.

That’s a mouthful, but its basic aim and mission statement is to provide financial services – including peer-to-peer (P2P) payments using its native cryptocurrency ADA, smart contracts and Dapps – to an unbanked population of the globe, which it has termed ‘RealFi’.

Smart contracts give anyone access to banking using a public, decentralized ledger, removing middlemen, bankers and brokers like Western Union or Paypal – Paypal stocks crashed 25% in their worst-ever trading day in February last year, losing $50 billion in valuation.

So Cardano is a central part of decentralized finance, gaining ground on traditional financial institutions and within DeFi itself. Ethereum at one point had an almost 100% dominance and market share within DeFi, which has since lowered to 70% due to Cardano, Solana and Polkadot picking up momentum.

Real-World Cardano Business Applications

In an IOHK blog Cardano announced their partnership with the Ethiopian Ministry for Education to ‘create a national attainment recording system to verify grades, monitor school performance and boost nationwide education‘.

Cardano Partners

They are also now collaborating with World Mobile in Tanzania to ‘connect the unconnected‘ and enable access to essential online services through blockchain.’

Cardano is also associated with the World Economic Forum (WEF) and involved in creating a digital ID system. That has met with some controversy – reported on Cardano’s blockchain-based digital identity pilot involving five million Ethiopian students.

The non-profit Cardano Foundation has also announced strategic partnerships with global land restoration and tree planting verification companies (e.g.Veritree), using blockchain tech to provide immutable, transparent reports of reforestation efforts – with a lower carbon footprint than other blockchains.

Alongside climate change and sustainable development concerns, ADALend is Cardano’s decentralized lending protocol governed by DAO (decentralized autonomous organizations), another important business application of DeFi.


With decentralized crypto loans, loan approval is instant without credit checks, not over-collateralized, and the whole process is automatic and streamlined with trustless custody and lower interest rates.

What Drives the Price of Cardano?

In the short-term crypto prices can fluctuate between support and resistance levels regardless of what’s happening behind the scenes. Swing traders simply look at price action (PA), apply technical analysis (TA) and ‘trade the chart’.

Whales can also manipulate token prices to find liquidity – areas where other traders are stopped out, compelled to panic sell, or liquidated – a liquidation cascade of long positions allows them to fill large orders, then price moves up again once selling pressure is absorbed.

Long-term investors should be more concerned with fundamental analysis (FA) such as an increase in addresses on the network and total value locked (TVL) signalling greater mass adoption of a crypto project.

Finance Partnerships

CEO of the Cardano Foundation Frederik Gregaard stated in mid 2021 that the Cardano blockchain project aims to onboard as many as 50 banks and 10 Fortune 500 companies over the next years up to 2026.

Gregaard made a formal presentation uploaded on public Cardano social media channels including this Youtube video, discussing how he wanted to enable banking institutions to use its utility token.

Cardano Video Analysis

Where to Buy Cardano

FCA, ASIC and CySEC regulated crypto platform eToro makes it possible to buy, sell and trade Cardano, and has educational material for beginners learning to trade and invest.

As a social trading platform all users have a Facebook style wall and news feed they can post their thoughts on the market too, so you can bounce Cardano price predictions off other users on the platform.

Professional investors and traders can join the popular investor program and receive payment for allowing others to copytrade them. If you’re just getting started with crypto investing you can copy the buys and sells of these pro traders – the top 50 copied traders had an annual ROI of 30.4% in 2021.

Where to invest in Cardano

‘What is Cardano’ guide on eToro

You can also diversify your portfolio by investing in Bitcoin or using a Smart Portfolio of altcoins, part of which could be Cardano alongside other L1 protocols like ETH, SOL, or DOT.

eToro also supports Cardano staking (alongside ETH and TRX) – holders of ADA on the platform receive automatic staking rewards based on a daily snapshot of the holdings in their balance. So when you buy Cardano and secure it in their free wallet you generate a crypto passive income.

Read more on our crypto staking platform comparison page and our how to buy Cardano guide. eToro also support stocks trading so while there are no ‘Cardano stocks’ or ‘Cardano stock price’ per se you can invest in crypto related stocks like Coinbase stocks ($COIN) – Coinbase exchange had an IPO in 2021 and became a publicly traded company.


  • Widest range of deposit methods – Paypal, debit / credit cards, e-wallets accepted
  • Regulated internationally
  • Over 50 cryptos listed alongside Cardano
  • Educational courses – learn to trade
  • Staking rewards on ADA, ETH, TRX
  • Copytrade and copy portfolios


  • Spread fee on altcoins high if day trading
  • Some inactivity fees
  • $5 withdrawal fee
  • eToro keep 25% of staking rewards

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

Is Cardano the Best Crypto to Invest in?

While Cardano is a popular altcoin it could debatably have limited growth potential due to its already high market capitalization. Some investors might consider diversifying into a newer crypto project:

Fight Out ($FGHT)- Emerging Crypto Offering High M2E Rewards to Maintain a Healthy Life

Fight Out FightOut Logois a new-age fitness platform that gives Move-to-Earn rewards to users for doing their daily workouts and other in-app challenges.

The project has already reached a milestone by raising over 5.1 million USDT since the presale went live. Traders should buy $FGHT as the prices are expected to rise in the coming times. Currently, buyers can get the token at a discounted price of 0.02610 USDT per token. With the CEX listings planned from 5 April, the price is expected to rise to 0.033 USDT per token.

Fight Out has also created a metaverse in its efforts to gamify the fitness lifestyle. It allows users to create unique Soulbound NFT avatars. Moreover, these avatars will grow in direct proportion to the users’ real-life fitness performance. As a result, users can compete with other community members in the platform’s metaverse.

The project has also built an in-app currency called REPS to incentivize its users. These REPS can be used to buy products from the platform’s marketplace and get access to membership discounts, cosmetic NFTs, and similar products.

Buyers can go through Fight Out’s whitepaper to get a better understanding of the project’s numerous features.

$FGHT Tokenomics & Purchase Bonuses

$FGHT is a limited supply token built on top of Ethereum. Out of its total supply, nearly 900 million tokens can be bought via Fight Out’s presale stages.

Buyers participating in the presale stages would also get purchase bonuses starting from 10%. To be eligible for this, they simply need to start with an investment of $500 alongside 6 months of vesting. Also, investors will get membership rewards by staking more $FGHT or staking it for a longer time.

Investors can also receive up to 50% additional tokens as rewards for buying $FGHT tokens. To always stay updated, buyers can consider joining Fight Out’s Telegram channel.

Presale Started 14 December 2022
Purchase Methods ETH, USDT
Chain Ethereum
Min Investment None
Max Investment None

Fight Out - Next Big Train-to-Earn Crypto

Our Rating

Fightout token
  • Backed by LBank Labs, Transak
  • Earn Rewards for Working Out
  • Level Up and Compete in the Metaverse
  • Presale Live Now - $5M Raised
  • Real-World Community, Gym Chain
Fightout token

Cardano Price Predictions – Conclusion

Given its potential to democratize finance and realise a new world of decentralised applications, Cardano price predictions in the double and triple digits are not out of the question. Those high price targets may take time to play out however as Cardano is already a top 10 crypto by market cap.

An alternative altcoin that may see price discovery sooner given its low market cap is Fight Out ($FGHT) – aiming to redefine the web 3.0 gaming and move to earn space with its GameFi rewards token paid to users for working out with its mobile app.

Fight Out - Next Big Train-to-Earn Crypto

Our Rating

Fightout token
  • Backed by LBank Labs, Transak
  • Earn Rewards for Working Out
  • Level Up and Compete in the Metaverse
  • Presale Live Now - $5M Raised
  • Real-World Community, Gym Chain
Fightout token


What will Cardano be worth in 2025?

If the next crypto bull run does take place after the next Bitcoin halving and Bitcoin reaches valuations of e.g. $500k and the total crypto market cap around $10-11 trillion to match Gold, that would put the ADA coin price at $4. Alternatively ADA could reclaim the #3 spot on Coinmarketcap which it has held before.

What was Cardano’s highest marketcap?

What was the starting price of Cardano?

How high can ADA go?

How many ADA are left?

Is Cardano a good investment?