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ADA

Cardano (ADA) Price Index

$ 0.584541 Ƀ 0.00001139
  • MarketCap
    $ 20,550,425,989
  • Volume
    $ 345,694,085
  • Change
    -1.60%
cardanoCardano
$ 0.584541
$ 0.584541
1.6%
0,539416
ADA
Cardano (ADA)
$ 0.584541
ADA
Cardano (ADA)
author
author
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
By Marcel Deer
author
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
on January 02, 2023 | 2 min
Updated on Dec 11, 2023

Overview: What is Cardano?

Cardano (ADA) is an open-source blockchain that aims to bring next-generation technology to improve sustainability, smart contracts, and the development of decentralized games, finance apps, and new crypto tokens.

 

The platform also facilitates peer-to-peer transactions with its native coin ADA. By market cap, Cardano is one of the largest cryptocurrencies in the world, with a circulation supply of 45 billion.

What is the Cardano (ADA) Price Prediction for 2025?

This Cardano price prediction summary will briefly give an overview of important milestones regarding the value of Cardano and forecast its expected growth up until 2025.

In 2023, Cardano was declared a security by the SEC, and this caused the price to fall by almost 21 percent. Compared to its all-time high (ATH) of $3.10 in September 2022, ADA is also down by 91 percent. However, things are looking up.

By the end of 2023, the Cardano price in USD is expected to reach a maximum of $0.45. In the following year, my Cardano price prediction 2024 estimates that the price will reach an average of $0.95 while the maximum Cardano price 2024 is expected to settle at $1.55. In 2025, ADA’s lowest performance could hover around $2.10 while the maximum price could surpass its all-time high at $3.50.

How is the Cardano Price Determined?

The Cardano price chart is influenced by different factors. Here are some of the biggest drivers that determine the Cardano price chart every day:

 

  • Supply and demand on crypto exchanges.
  • Trends and sentiment in the broader markets.
  • Cardano’s fixed total supply: Existing ADA is not subject to debasement and inflation like fiat currencies while outstanding ADA earmarked as staking returns might encourage investors to remove their ADA from exchanges and place them in staking pools. So, restricting the ADA supply in the market, continuous demand can boost the token’s value.
  • The Cardano price ADA is also likely to grow as its adoption and use cases become more widespread. This will make the protocol more valuable, especially if more developers continue to build on it.

Where Can You Buy Cardano (ADA)?

Cardano is available at most large crypto exchanges. You can also opt to make use of a crypto broker who will approach exchanges and buy ADA on your behalf.

 

If you want to choose your own exchange, it is essential to do your research to ensure that you find a trustworthy setup. A good site offers benefits like a secure trading platform, customer support, and useful analytics such as Cardano price history and Cardano price analysis.

 

Once you’ve picked a platform, open an account, and register as a user. Registration often involves confirming your identity, and this process might take a few days. When your account is approved and activated, it’s time to fund your account. Depending on the exchange, you can add fiat money or other cryptocurrencies. You can also sometimes use a credit or debit card. After this, you’ll be able to start buying ADA.

 

FAQs

Can Cardano reach $100?

As an ADA investor, it’s normal to hope for a Cardano price all-time high (ATH). This cryptocurrency certainly has a lot going for it, but even so, it is unlikely that the value of ADA will ever reach $100 with its current circulating supply.

 

What will Cardano be in 2028?

My ADA Cardano price prediction estimates that ADA could surpass $0.45 in 2023. The cryptocurrency’s value is also expected to grow within the next five years and should push ADA Cardano price to exceed $1.99.

 

Should I hold or sell Cardano?

ADA does show promise as a long-term investment which can make it a “hold” for those looking to invest in one cryptocurrency for several years.

 

author
About Marcel Deer
With a background in journalism and digital marketing, Marcel is a keen crypto enthusiast and investor. A regular contributor to several crypto publications, he believes that META-based projects will soar in the coming years and is super-bullish on MeritCircle and the increase in P2E gaming platforms. Marcel is also excited about AVAX and FTM as ETH-chain alternatives, and any projects with strong utility, transparency, experience, and community marketing.
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