What is Your Prediction for ADA (Cardano) Cryptocurrency for 2025?
Table of contents
What is Cardano (ADA)?
Launched by Charles Hoskinson, co-founder of Ethereum. Cardano (ADA) is one of the fifth largest cryptocurrencies in terms of market capitalization. With a market cap of $18.8 billion, it has grown by 1520% since its inception in September 2017. It works on the Cardano blockchain, which is a third-generation decentralized proof-of-stake platform. Which has been created through peer-reviewed research. Cardano is named after Gerolamo Cardano, a 16th-century Italian polymath. The third generation cryptocurrency, ADA is the native token of the Cardano blockchain. Which is named after the 19th-century mathematician Lovelace Ada. Who is considered the world's first computer programmer? Cardano has been developed with a focus on solving three problems facing previous generation cryptocurrency platforms:
Price Analysis of Cardano (ADA)
Since its inception, ADA started trading at $0.11 in December 2017. Within one month in January 2018, it touched the price of $1. However, by March 2018 it dived down to $0.015 and revolved below $1 until February 2021. It touched its all-time high price of 3.10 in September 2021, only to again drop down to a level of around $0.52, which is where it is still revolving around in August 2022. ADA has reportedly underperformed in 2022 against its competitors. As compared to Ethereum, ADA has registered an ROI of -60% in 2022, while it is -40% for Ethereum.
Cardano’s User Base
Although Cardano has a considerable number of users. It has not performed up to the mark in terms of its price. According to Messari on-chain, as of 2022, Cardano has a total of around 3.6 million users which is 5% less than Ethereum. While most of its users hold digital assets. It is reported that only 136,000 wallets are active.
Future Projects
Since its upgrade to Alonzo Hard fork in September 2021, there has been a sharp jump in the number of projects being built on the Cardano blockchain. Presently there are more than 517 projects being built on the platform.
However, the upgradation in the platform is seen as a positive sign for those who wish to pick ADA Cardano cryptocurrency for 2025, considering its rapid expansion in different areas including decentralized finance (DEFI), and non-fungible tokens (NFTs).
Cardano (ADA) Future Price Pridiction
Considering the above metrics based on price and user base, let us take a look at the future price forecast of Cardano (ADA) for the next few years:
Cardano (ADA) Price Prediction 2022
During the first quarter of 2022, the price range of ADA was between $0.79 and $1.59 from January 2022 to March 2022. Which remained between $0.47 and $1.21 in the second quarter for the period from April to June. In the third quarter, ADA is expected to touch the price of $1.80 before dropping to $1.20 in the fourth quarter.
Cardano (ADA) Price Prediction 2023
The price forecast for 2023 is slightly favorable compared to 2022. In the first quarter of 2023, the price range of ADA is expected to be between $1.55 and $2. Which may touch the level of $2.2 in the second quarter. The ADA price is also expected to see an upward trend in the last two quarters. This could increase to $3 and $3.5 in the third and fourth quarters, respectively.
Cardano (ADA) Price Prediction 2024
In 2024 ADA is expected to see a negative trend for the first quarter by dropping to $2.5 before closing at $4.5. The second quarter might end up with the highest price level of $4.9. The third and fourth quarters are projected to see a rise of $0.5 each as it might rise to $5 in the third quarter and $5.5 in the fourth quarter at the end of 2024.
Cardano (ADA) Price Prediction 2025
In the first quarter of 2025, the price range of ADA is likely to remain around $5 and $6.5. Which could reach $7 by the end of the second quarter. With one exception price of $7.5, ADA could increase to $9 when it reaches the last quarter of 2025.
Prediction of ADA Cardano Cryptocurrency for 2025
In December 2017, ADA began trading at $0.11. But could not rise above $3.10 in last 4 years. Which casts a shadow on its potential to grow till 2025. However, based on the above analysis of past price ranges, it is expected that the ADA price range may reach the level of $9 by the end of 2025. Although the reports suggest that its price might touch the level of $10 by the first quarter of 2026, seeing the current bearish trend in the crypto world, it still is too early to predict where it will head in the next 3-4 years. Therefore it is advisable to perform thorough research before starting investing in ADA Cardano cryptocurrency for 2025.
Conclusion
Based on detailed market analysis, media reports, and market sentiments, ADA is certainly expected to be bullish in the next 4-5 years. However, since the crypto market is considered highly volatile and unpredictable, it is yet to be seen how it unfolds in the near future.