Bittime - Despite its advanced technology and high market capitalization, many crypto investors are still unfamiliar with the Cardano blockchain and ADA tokens. Currently, March 15, 2024, Cardano (ADA) is trading at $0.7014, down 12.69% in the last 24 hours.
This article discusses Cardano price predictions from 2024 to 2030, as well as factors influencing its price.
How is Cardano (ADA) Performing?
Cardano was launched in 2017 with an initial price of $0.02461. However, new smart contract capabilities were discovered in 2021, along with a record high price of $3.10 on September 2, amidst the overall crypto market rally.
ADA prices continued to fall over the next few years, with a support point at $0.25 in Q3 2023. Since then, ADA prices have risen alongside Bitcoin and Bitcoin ETFs, entering 2024 above $0.60. This price was reached again in February after dropping to $0.46.
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Reporting from Cryptonews.com , the price of Cardano will approach $5 in 2030, with a new record high price (ATH) reached 2 years earlier. Some factors influencing ADA prices include SEC and crypto exchange lawsuits, network scaling solutions, and the effectiveness of soon-to-be-implemented community governance.
| Year | Lowest Potential | Average price | Highest Potential |
| 2024 | $0.40 | $0.60 | $1.03 |
| 2025 | $0.80 | $1.20 | $2.42 |
| 2026 | $0.60 | $1.20 | $1.50 |
| 2027 | $1.20 | $1.80 | $2.80 |
| 2028 | $2.20 | $2.80 | $3.30 |
| 2029 | $3.00 | $3.80 | $4.98 |
| 2030 | $3.80 | $4.20 | $4.50 |
Cardano Price Prediction per Year (2024-2030)
Let's discuss the Cardano price predictions for each year up to 2030, along with the factors expected to influence the price.
Cardano Price Prediction for 2024
The start of 2024 is quite good for the crypto market. Bitcoin, buoyed by ETF approval, pulled the entire market back to a market cap above $2 trillion with its price topping $57,000.
The first half of 2024 is predicted to be even busier with the much-anticipated "Bitcoin Halving" event, expected to occur in mid-April.
Historically, the impact of this event is only felt 12-18 months later. However, the amount of attention Bitcoin has received this year may make its impact even quicker.
However, Cardano's status as a security will be decided by the courts. Coinbase, Binance, and Kraken appealed to their respective judges to dismiss the case, accusing the SEC of overreach. Until this decision is made, investors will remain wary of ADA and the 11 other tokens registered as securities by the SEC.
In short, our Cardano price prediction for 2024 is positive. We expect Cardano to hit a high of $1.03, a low of $0.40, and stay at an average price of $0.60.
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Cardano Price Prediction for 2025
Many analysts expect the impact of the “Bitcoin Halving” event to be felt in 2025, and predict new all-time highs for the leading cryptocurrency. If that happens, the entire crypto market will likely follow suit and rise on the price charts.
For Cardano, it is hoped that the lawsuit between the SEC and the crypto exchange will be resolved by this time. It's even possible that the US Congress will step in to stop the SEC's overreach.
Therefore, our Cardano price predictions for 2025 are a high of $2.42, a low of $0.80, and an average of $1.20.
Cardano Price Prediction for 2026
If 2025 was the year that the crypto market got a boost from the “Bitcoin Halving” event, then 2026 is the year they go back down. While the decline may not be as drastic as before, with the influx of institutional money and the regulatory framework in place, prices are expected to fall significantly.
Institutional adoption of decentralized blockchain technology will continue to increase, and protocols like Cardano will continue to grow to accommodate them. Specifically for Cardano, the Hydra protocol which is currently at version 0.15.0 is likely to reach stable version 1.0 in 2026 or sooner.
This will pave the way for Cardano to attract hundreds of thousands of new users. All of this helps mitigate the impact of price drops resulting from the 2024 "Halving" event.
Thus, our Cardano price predictions for 2026 are a high of $1.50, a low of $0.60, and an average of $1.20.
Cardano Price Prediction for 2027
In 2027, stricter regulations, along with greater knowledge of cryptocurrencies and blockchain technology, will help attract more companies into this space.
Cardano, with its preferred state-channel scaling solution over a rollup-based layer 2 ecosystem built on Ethereum, as well as previous successful partnerships – including with the Government of Ethiopia, Georgia's National Wine Agency, DISH, and Brazilian oil giant Petrobras – has Cardano in a strong position good for adoption by other companies.
Therefore, we expect 2027 to be one of Cardano's best years in recent times. The price prediction for this year is a high of $2.80, a low of $1.20, and an average of $1.80.
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Cardano Price Prediction for 2028
The further we go into the future, the greater the uncertainty we face. However, 2028 will be the year of the fifth “Bitcoin Halving” event.
Although the impact on prices is not expected to occur until the following year, it is likely that there will be a Bitcoin buying spree before that event due to its popularity and increasing scarcity - this is driving up the price of the entire crypto market due to Bitcoin's inevitable appeal.
Based on this, our Cardano price prediction suggests a new all-time high of $3.30, a low of $2.20, and an average of $2.40.
Cardano Price Prediction for 2029
Even though each layer 1 blockchain has its own ecosystem that continues to develop, all of them are still under the influence of Bitcoin's power, like the influence of the moon on the tides. In other words, the price of other cryptocurrencies will also rise when the price of Bitcoin rises.
For Cardano, and our price predictions, this means reaching a new ATH of $4.98, barely touching $5, with a low of $3 and an average price of $3.80 over the year.
Cardano Price Prediction for 2030
If Bitcoin pulls the coin price up in 2029, it will likely pull it down again in 2030. However, with many regions of the world already using blockchain technology, the impact of a fifth “Bitcoin Halving” event will likely be much smaller than before. In addition, the token value is expected to begin to stabilize.
This means our Cardano price predictions for 2030 are a high of $4.50, a low of $3.80, and an average of $4.20.
Conclusion
Our Cardano price predictions show significant growth potential over the next decade. However, it is important to note that these predictions are based on current market analysis and may change depending on various factors, such as government regulations, institutional adoption, and overall development of blockchain technology.
How to Buy Cardano (ADA) on Bittime
You can buy and sell Cardano (ADA) in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Cardano (ADA) is available on Bittime with the ADA/IDR market pair. To be able to buy ADA IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Cardano (ADA) on Bittime.
Monitor the price chart movements of Cardano (ADA), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
How to Stake Cardano (ADA): Easy, No Complications!
Guide to Creating NFTs on the Cardano Blockchain
Cardano (ADA): Comprehensive Analysis for Beginners
Cardano (ADA) Market Cap Hits $2 Billion in 24 Hours
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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