When investing in crypto, it’s vital to diversity your portfolio and not put all of your eggs in one basket so to speak. If you’re investing in Bitcoin, it’s a good idea to invest in others too. The second most powerful cryptocurrency of Ethereum could be a good choice. But what about an up-and-coming digital asset of Cardano that has been nicknamed “Ethereum-killer.”

Cardano is currently priced around $1.55, but what will the price be like a few weeks or years down the line? Questions surrounding the Cardano price prediction are asked by cryptocurrency investors around the world whether they’re beginners or veteran traders. Whilst accurately predicting the crypto forecast is nigh on impossible, there are several factors we can look at to get a fairly accurate insight into what’s in store.

The following price prediction aims to show you how the Cardano price could potentially develop in the future. From new investors and the latest legislation to prediction strategies and expert analysis, our forecast utilizes a wide range of critical factors to bring you the most accurate price prediction possible.

What is Cardano?

Cardano price prediction

After two years in development, Cardano was launched in 2017 by one of the co-founders of Ethereum, Charles Hoskinson. Put simply, Cardana is a decentralized third-generation proof-of-stake blockchain platform.

The selling point is as an updated version and alternative to Ethereum. At a base level, Cardana and Ethereum have largely the same purposes. Both can be used for smart contracts, and have goals of building a connected and decentralized system to provide banking services to the people around the world who are unbanked.

However, where Cardano differs from Ethereum is traceability and identity management. The traceability function of Cardano can be used to track and audit a product’s manufacturing processes from provenance to finished goods and it has the potential ability to eliminate the market for counterfeit goods. Identity management function can be used to streamline and simplify processes that require the collection of data from multiple sources.

“Blockchain is moving beyond cryptocurrency, and it’s worth paying attention – especially since successful prototypes show that blockchain, also known as distributed ledger technology, will be transformative.”

– Julie Sweet

The massive potential of Cardano means there is a significant potential for it to see major growth and an increase in value. Experts and analysts across the crypto sphere have predicted that this innovative digital asset might reach anywhere between $10 to $50 per coin soon.

But when will Cardano see such gains? Our Cardano price prediction will assist potential investors in finding answers to the question of how high the price of ADA can go and when.

Frequently Asked Questions About Cardano

Before we get into the price prediction, next we’ll cover some frequently asked questions about Cardano to give you a better understanding of this digital asset and its price potential. 

Is Cardano a wise investment?

Based on recent price analysis and previous gains returned to early investors, Cardano has the potential to be a good investment for those who invest in it wisely. However, this is not something we can guarantee. 

Why is the price of ADA rising?

After Ethereum, Cardano is being marketed as the next big cryptocurrency. Reasons behind the price rise can range from Defi advantage to sufficient supply. In the future, network updates and an increased number of use cases have the potential to raise the price of Cardano even further. But how high can it go?

Can Cardano hit $10 per coin?

If Cardano was to hit $10 per coin, those who invested early enough could see incredible returns on their initial investment. Analyzing recent price changes of ADA shows us that this digital asset is potentially able to hit $10 per coin. However, this would take place over a long period of time.

What level of privacy does ADA ensure?

Cardano ensures a high level of privacy. As a third-generation cryptocurrency, Cardano follows the same standard as digital assets like Bitcoin and Ethereum by maintaining transparency and traceability over the block records. However, Cardano is a pseudo-anonymous blockchain. This means that only the amount of the transaction, the date, time, and public key are visible, but not the identity of the sender and receiver of the transaction. 

Where to buy Cardano?

Various trading platforms allow you to buy ADA, but the most trustworthy, regulated, and well-established is eToro. This social trading platform provides traders with an array of tools, analysis, and trading robots that will assist you with trading safely and potentially maximizing your profits.

Cardano Price History

AAVE Price Prediction Forecast 2021-2025

Since its foundation in 2015, the first few years of Cardano were pretty uneventful. It was only towards the end of 2017 and the beginning of 2018 that the first price action of this digital asset was recorded. Early investors into Cardano saw major gains as the cryptocurrency skyrockets from  $0.02 in October 2017 to $1.33 on January 4, 2018.

But with the highs came the inevitable lows. The rest of 2018 and 2019 were fairly stagnant years for ADA. In 2019, the currency saw a high of just $0.10. It was a good gain for those who got in early enough, but a major drop from its 2018 high.

In March 2020, Cardano was not immune from the crypto crash nicknamed ‘’Black Thursday’’ and the price subsequently plummeted to as low as $0.025. But this was corrected in 2021 when the entire crypto industry saw major gains. ADA saw a new all-time high of $2.30 per coin and proudly took its place in the top ten cryptocurrencies by market cap.

Overall, the price history of Cardano has demonstrated this altcoin is still a relative newcomer to the crypto industry. Many would argue that it’s still within price discovery mode, meaning the next wave of early investors could be rewarded with similar gains as those who initially invested in ADA. 

But what do the experts say?

Expert Analysis of the Cardano Price Potential

One of the best tools we can use to try and determine the potential future price of ADA is to analyze the opinions of various crypto experts. Let’s delve into five estimated growth outlooks for various industry experts and analysts.


Coinpedia gave a five-year prediction for ADA that claimed that if the asset implements its open voting system and improves its security and bug prevention systems, then it could see prices ranging between $7.96 and $9.53. However, obtaining lucrative projects and collaborations with businesses could see the price reach a high of  $12.27 sometime within five years.


TradingBeasts is more bearish on ADA than Coinpedia. They have predicted that Cardano could drop by almost 9% by the end of 2021 and end the year at $1.33. By the end of 2024, they expect Cardano to be priced at around $2.769.


In contrast to Trading Beasts, the author of Smartereum Adam Web is more bullish. Smartereum is a social platform for investors and analysts that enables readers to potentially predict the future price of the crypto market. Adam Web believes ADA has the potential to see a high of $10 per coin within five years and a high of $2.50 in the short term.


WalletInvestor uses an algorithm-based forecast in an attempt to predict the future price of cryptocurrencies. Regarding Cardano, WalletInvestor adjusted their price prediction from $2.175 to $3.319 in one year. Over the long term, they predict that the price of ADA could have an earning potential of +116.21%.

Coin switch

The Coin Switch has made a relatively conservative, albeit positive, price prediction of Cardano. They believe that ADA has the potential to reach $2 soon with the possibility of reaching $3 or more within five years. Not as bold as some other claims, but there is still a possibility of good gains even with such conservative estimates.

Overall, the expert opinion is positive on the price prediction of Cardano. Over the long term, this innovative cryptocurrency has the potential to be a very wise investment for smart investors. But what does technical analysis tell us about the Cardano price forecast?

Technical Analysis-Based Cardano Price Prediction

Now we move onto technical analysis to try and predict the future price of Cardano. This section will utilize powerful tools like the Japanese candlestick, chart patterns, and trading indicators. As well as giving traders the upper hand in day trading, they can enable us to discover a long-term Cardano price prediction based on pure technicals when we assess longer time frames.

Cardano Price Prediction 2021 – 2022

Since the beginning of 2021, the price of Cardano skyrocketed by 777% from $0.18 to $1.59. It’s predicted that, by the end of the year, the price will be $2.60.

Cardano Price Prediction 2022 – 2023

After starting the year at $2.60, it’s predicted that the ADA price will rise to $1.73 per coin In the first half of 2022, it’s then expected to close the year at $2.93, which is a +86% gain on the current price.

Cardano Price Prediction 2023 – 2024

After starting 2023 at $2.93, ADA is expected to rise to $3.11 halfway through the year before ending at $3.58 at an overall annual increase of 22%.

Cardano Price Prediction 2024 – 2025

After starting 2024 at $3.58, ADA is expected to rise to $4.06 halfway through the year. The second half of 2024 is expected to be slower and see the price of Cardano end the year at $4.06. That’s an overall annual increase of 13%.

The technical analysis of the Cardano price prediction forecast tells us that the price of Cardano has the potential to reach up to and possibly beyond 86%. This data was provided by technical analysis from the Coin Price Forecast.

Cardano Forecast Conclusion 

From new investors and the latest legislation to prediction strategies and expert analysis, we’ve drawn upon a wide range of critical factors to bring you the most accurate price prediction possible when it comes to Cardano. But is it worth investing in? 

After the highs and lows, the expert analysis and history of ADA have shown that this is a digital asset that is still in its early phases. However, it has demonstrated powerful capabilities and a lot of potentials. As a result, the price of this digital asset will likely rise again.

Unlike some other cryptocurrencies, Cardano still provides a chance for investors to get in early and use this to their advantage and potentially make some serious gains. Wondering how to invest in Cardano securely and safely, we know the ideal crypto trading platform.

Where to buy Cardano?

ADA is available to buy and trade on eToro alongside 18 other cryptocurrencies. This is a well-established, highly regulated, and secure platform that has the potential to revolutionize your crypto trading. 

What’s more, is that eToro allows you to access their incredible array of trading tools such as the Stop Loss, Take Profit, and built-in charting software that all let you maximize your potential profits whilst ensuring safe trading practices that protect your hard-earned funds. Also, eToro offers Leverage Trading on Cardano. This allows you to multiply small amounts to become large powerful positions that drive massive profits.

“Every smart person that I admire in the world, and those I semi-fear, is focused on this concept of crypto for a reason. They understand that this is the driving force of the fourth industrial revolution: steam engine, electricity, then the microchip – blockchain and crypto is the fourth.”

– Brock Pierce

Overall, the financial situation, risk tolerance, and investment strategy of each person vary. Cardano is smaller and younger than many other of the top cryptocurrencies, this brings advantages as it does risks. Both of which are important to understand and weigh against your own investment goals and needs. Only invest money you can afford to lose and balance out the risky nature of crypto investment by building a diversified portfolio.

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Disclaimer – This content is for informational purposes only and is not investment advice. The trading of Cardano and other alternative cryptocurrencies has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice.


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