Cardano Price Prediction 2023 – 2040

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Cryptoassets are a highly volatile unregulated investment product.

Last Updated March 11th 2023
16 Min Read

As one of the first ‘third-generation’ cryptocurrencies, Cardano (ADA) builds on much of Ethereum’s achievements and aims to take them one step further. But what is Cardano worth in the coming years? When will Cardano explode?

This guide will discuss our Cardano price prediction for both the short and long term, touching on the popular coin’s utility, its future potential, and where you can buy ADA today – with low trading fees.

Cardano Price Prediction - Summary

At the time of writing, the Cardano price today is below $0.34 due to a dramatic crash in the crypto market recent months. To help provide an overview of ADA’s long-term outlook, presented below is our Cardano price forecast for the years ahead:

  • End of 2023 Once the Cardano stock price begins a bull run, it can sustain itself for months. Hydra is expected by 2023 and this massive update will take Cardano price prediction for 2023 to $0.51.
  • End of 2024 As the leading coin starts to gain momentum and the project continues to expand, ADA could continue growing in 2024. The increasing mass adoption could help the Cardano price forecasts reaching $0.75 by the end of 2024.
  • End of 2025   Cardano cryptocurrency asset should retain its ranking in the next few years due to its name status. Entering the Voltaire era in 2025 will see Cardano shoot to an impressive high of $1.50. Due to this, our Cardano forecast estimates the coin could reach above $1 level by the end of 2025.
  • End of 2030 At the end of the decade, Cardano is predicted to hit an all-time high of $3.45 as its tech becomes ingrained into our society. With the rate of crypto adoption showing no signs of slowing, there’s scope for ADA to become more widely accepted by many companies. Should this occur, there’s undoubtedly scope that Cardano could reach $5 by 2030. 
  • End of 2040 Depending on Cardano’s ability to reshape the traditional technology and blockchain system, more and more investors will be attracted to the coin. As a result, Cardano could reach as high as $10 by the end of 2040.


Cryptoassets are a highly volatile unregulated investment product.

ADA Overview

Cryptocurrency Cardano
Ticker Symbol ADA
Rank 7
Price $0.33854504504607136
Price Change 24h -3.39%
Price Change 7d -2.23%
Market cap $11,752,826,534.72
Circulating Supply 34,715,695,021.091
Trading Volume $328,294,080.29

Cardano Price History 

To calculate Cardano’s future prospects, we need to start with technical analysis which always leverages historical data. This will help us figure out how much Cardano could be worth.

Cardano’s price history clearly shows that it follows the general crypto market trend. Launching in late 2017 was perfect timing for Cardano. Entering the market at only a few cents per ADA, by the 2017/8 bull run it had spiked to over $1 per coin.

Just like the rest of the market, Cardano crashed shortly after that peak and entered a long ranging period. Though prices were higher during this time that Cardano’s launch, some spectators were beginning to doubt we would see much more from the asset and the crypto market in general.

But that concern was obliterated in the 2021 bull run which saw ADA beat its previous record early on in the year and effectively triple it by September (in anticipation of its release of smart contracts).

Cardano then entered a bearish period from November 2021, but it refused to return to its pre-2021 prices.

If you’re going to invest in any cryptocurrency, no matter how hyped it may be, you must always devote some of your research time to analysing its past performance. Let’s take a look at some of Cardano’s key historical price movements.

Cardano price chart

What was Cardano’s starting price?: 1 ADA = $0.0024 in December 2016 during its ICO. CoinMarketCap first started tracking the price of Cardano on the 10th of February 2017 trading at $0.026.

What is Cardano’s highest price?: Cardano’s all-time high is $3.10, which it reached on the 2nd of September 2021.

What is Cardano’s lowest price?: Cardano’s all-time low is $0.01735, which it hit on the 1st of October 2017.

In 2022, Cardano began the year at $1.37 and ended the year at $0.25. ADA has a 52-week low of $0.24.

Cardano Price Prediction 2023

Looking further ahead, how could the Cardano price prediction perform in 2023? As mentioned earlier, numerous altcoins have launched over the past few years that look to capitalize on Cardano s success. Many of these altcoins have been competing with ADA regarding scalability and speed.

Cardano price prediction technical

On top of having a fluid understanding of ADA’s historical price, we also need to have a good grasp of what factors may influence its price in the future. Armed with this knowledge, you can calculate your own Cardano ADA price predictions and answer for yourself — ‘should I invest in Cardano?’ 

Two of the biggest factors to consider for Cardano price prediction are supply and demand and the Bitcoin price. As demand grows for ADA, its limited supply will lead to an increase in Cardano’s value. This will be further compounded by increased interest in Bitcoin over the coming years. Meanwhile, the growth of the Cardano platform, its user base and increased partnerships will likely increase demand for ADA.

As Cardano speeds up development in 2023, we may see the first examples of sidechains in the Basho phase. which is why our Cardano price prediction for 2023 estimates the ADA coin could be worth as much as $0.45 by this point.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Cardano Price Prediction 2024

Cardano is establishing trust. Cardano appears to be more focused on working with governments than business partnerships. This can also positively impact Cardano in terms of regulation in the future.

By 2024, we could reach the end of the Basho era and start the Voltaire era and Cardano will become more self-sustainable. In 2024, bulls will push ADA to a maximum of $0.70 while the bears will not be able to push any lower than $0.45.

If the crypto market does well, Cardano will have an average price of $0.575 at the end of next year. As such, our Cardano future price prediction for 2024 sees the coin valued at $0.65.

So, should I invest in Cardano? Well, our short-term ADA Cardano predictions suggest short-term investing could pay off handsomely. Between 2023 and 2024, ADA could be worth between a low of $0.24 and a high of $0.70. But could Cardano perform better in the long term? 

Cardano Price Forecast Long Term Outlook – 2025 Prediction

Looking ahead it’s important to remember how volatile the market can be; things change extremely quickly in the world of cryptocurrency so any Cardano price prediction are only ever going to be estimated - there are no guarantees. 

Any Cardano price prediction is subject to numerous factors - some of which we have touched upon above. Inevitably, given the volatility of the cryptocurrency market, any forecasting is little more than speculation and can only ever serve to give you an idea of what an ADA coin’s potential for growth might be.

Cardano Price Prediction 2025

By 2025, Cardano will release many Voltaire updates that will further democratise the platform and attract more investors. With that in mind, our Cardano price prediction 2025 estimates that ADA could reach a valuation of $1 by the end of that year.

The most reliable way of building a forecast for 2025 is to consolidate several Cardano price prediction from leading analysts and draw our conclusions based on averages. 

According to the most conservative Cardano price predictions, forecasting fairly linear growth for ADA over the coming few years. The Cardano forecast sees ADA ending 2025 at $4.55.

According to experts projection, Cardano (ADA) will hold its price for 2023, before trading above $2.6 for much of 2023 and 2024. By December 2025, Cardano reaching an average price of $7.94.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Cardano Price Prediction 2026

With Cardano demonstrating its ability to lead innovation in the crypto market, institutional investors could begin making whale size investments in ADA. In 2026, ADA/USD will trade at an average of $1.18. If Cardano does well in 2026, our ADA price prediction suggests a high of $1.36 and if the market struggles it can still reach a low of $1, as calculated by our Cardano price prediction. 

Cardano Price Prediction 2027

2027 will see Cardano buzz with services and new tokens as Cardano’s ecosystem continues to grow. Our Cardano price prediction expects a high of $1.73. For the rest of 2027, Cardano will build a strong level of support around a low of $1.20 and gradually increase to an average of $1.46 by the end of the year.

Cardano Price Prediction 2028

Cardano has likely forged many more partnerships with governments across the globe by 2028 and could be in use by some large government institutions, particularly in regards to identification and record-keeping. The 2028 predicted high is $2.13 and the low is $1.52, based on our ADA price prediction forecast. Expect an average price of $1.82 for 2028.

Cardano Price Prediction 2029

2029 could be the year Cardano topples Ethereum or becomes a serious competitor to its dominance in the crypto market. 2029 will see Cardano rally to a yearly high of $3.07, potentially hitting a low of $2.08 in between. Continuing its upwards trajectory, our 2029 Cardano price prediction places ADA/USD at an average of $2.57 by the end of December 2029.

Cardano Price Prediction 2030

The further ahead an Cardano price prediction looks, the more inaccurate it is likely to become. This is not a reflection of the analytical platform, it is simply that the speed of which the market changes is almost impossible to map out. This is easy enough to see for yourself - simply look at how much blockchain technology has progressed over the last ten years - and how many platforms and exchanges were able to accurately predict prices.

Cardano long term price prediction

Cardano’s approach of working with governments could be a winning strategy. Not only does it show governments that cryptocurrency is nothing to be afraid of, but it is also actively making a difference in some places which will earn it a loyal following. And this following could come in mighty handy if we see strong regulations imposed on crypto in the next few years.

Cardano stands the best chance of surpassing Ethereum out of the crypto market and all of its rivals. It has a great degree of trust in comparison to the Binance Smart Chain (which is mostly controlled by Binance) and has never had any downtime like Solana.

Now let’s analyze our Cardano price prediction over the long term. As highlighted earlier, Cardano retains enormous support from both retail and crypto investors on the markets.

Cardano could be running whole countries and the lifeblood of many multinational corporations by 2030. Beating its current all-time high, Due to the high demand, our Cardano price prediction 2030 forecasts that the coin could reach the $5 level by this point.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Cardano Price Prediction 2040

According to Cardano price prediction 2040 and long-term technical analysis, the price of ADA will be worth as much as $10 per token by the very end of 2040. 

Coin Price Forecast believes that ADA will see exponential growth over the next 15 years.  It has Cardano trading well over $7.60 per token by 2032 and believes Cardano price will continue to grow until reaching the $10 mark in 2040.

Cardano Forecasts

Elsewhere, Libertex believes that by 2040 Cardano will more than likely dominate the dApps market but is considerably more subdued in its prediction than Coin Price Forecast, believing that ADA will see modest gains in the very long terms and perhaps exceed $10 per token by 2040. 

Similarly, Crypto-Rating’s algorithm has Cardano at around the $10 mark by 2040, however, this is in spite of what the platform believes is an inevitable market-wide bear market that will hit between 2032 and 2037 - which Cardano will weather admirably. 

Potential Highs And Lows Of Cardano

The sections above have represented a deep analysis into our Cardano price prediction for the years ahead. Presented below are some critical areas of note that ADA investors may wish to keep their eyes on going forward.

The below prediction figures outline the potential highs and lows of Cardano price prediction forecasts offered by technical analysts and industry experts.

Year High Low
2023 $0.51 $0.24
2024 $0.70 $0.45
2025 $1.05 $0.63
2028 $2.13 $1.52
2030 $3.45 $2.38


Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

The ADA Token: True Successor To ETH? 

Just as Ethereum is to Ether and the Ripple Network is to XRP, Cardano is to ADA. In short, this means that Cardano is the name of the platform on which the native cryptocurrency ADA runs.

Cardano Price Forecast

Cardano is named after Gerolamo Cardano, and ADA is named after Ada Lovelace. ADA has a max supply of 45,000,000,000 tokens, has six decimal places and is broken down into ‘lovelaces’.

Aside from Ethereum (ETH), Cardano’s biggest rivals include:

  • Solana (SOL)
  • Polkadot (DOT)
  • Binance Coin (BNB) — specifically the Binance Smart Chain.
  • Avalanche (AVAX)
  • TRON (TRX)

The ADA token can be used on the Cardano platform to stake and earn more tokens or take part in the project’s governance.

What’s The Point Of Cardano?

A potential ‘Ethereum killer’, Cardano was created to solve many of Ethereum’s problems, specifically network congestion and transaction fees.

Cardano takes a more academic approach to cryptocurrency. Before Cardano, Bitcoin (BTC) and Ethereum (and basically all other older cryptocurrencies) were not tried and tested, they were simply thrown out into the real world to see if they would work. This has left us with thousands of coins with difficult issues to fix that could prevent them from succeeding in the long run.

Cardano is the first peer-reviewed blockchain project. What that means is that proposals to improve or add features to Cardano are reviewed by experts who critique the potential impacts. This prevents flaws from being implemented to the Cardano protocol as proposals can be improved based on feedback or simply rejected.

Cardano forecasts

Aside from these technicalities, Cardano wants to create a blockchain network that can run entire countries. A great example of this is Cardano Africa which has been set up to empower people in Africa by giving them an ‘economic identity’ and giving them access to DeFi (decentralised finance) services.

In Ethiopia, Cardano has been highly successful in launching an identity and record-keeping system for school students. This will better help students keep track of their school performance and prove their grades. So far, record-keeping has become one of Cardano’s top applications.

Cardano also has a commercial arm called EMURGO which seeks to provide blockchain solutions to developers, companies, and governments.

Some of Cardano’s benefits include:

  • Tokenisation of assets (including NFTs).
  • Dual-layer architecture.
  • Processes 250 transactions per second — potential for one million per second in the future.
  • Written in the universally recognised Haskell programming language (which makes it easier for developers to learn to use).
  • Most developed cryptocurrency project — outranks all other cryptos in terms of GitHub commits.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Is Cardano A Better Version Of Ethereum?

Cardano was launched in 2017 by Charles Hoskinson, one of the co-founders of Ethereum. Cardano’s mission is to improve where older competitors have struggled and produce a stronger blockchain as a result.

Hoskinson’s blockchain company Input Output Hong Kong (IOHK), of which he serves as CEO, is primarily in charge of developing Cardano. Hoskinson and IOHK have also worked on developing Ethereum Classic (ETC) after the community split.

There are two phases left of Cardano’s roadmap.

Upcoming Cardano updates include:

  • Basho. This phase will focus on scaling Cardano and interoperability with other blockchains. It aims to improve the performance of Cardano to support growth and will introduce sidechains.
  • Voltaire. The last phase of Cardano’s development will focus on governance and turn Cardano into a self-sustaining system. It will introduce a voting and treasury system. It may be a few years before we get to this point.

Read Also: Ethereum vs Cardano

Battle of the Upgrades: Can Cardano Take on Ethereum 2.0?

Numerous cryptocurrencies have been touted as the next rival to Ethereum, including EOS, TRON, and Polkadot, but the reality is that the launch of Ethereum 2.0 has laid waste to several such claims. In fact, many altcoins have been tipped to potentially collaborate or even integrate with Ethereum once the upgrade is fully operational.

So what about Cardano? It appears that the competition between Ethereum and Cardano could boil down to a battle between upgrades. The latter is undergoing its Goguen ‘Mary’ update which will ultimately allow for the creation of on-chain tokens that are ‘native’ to the network, making Cardano a multi-asset blockchain and a much more credible rival for Ethereum. 

The next phase of the Cardano upgrade is expected to go live from next month and will give users the power to create their own tokens with similar functions to ERC-20 fungible and ERC-721 non-fungible tokens on Ethereum. However, despite these apparent similarities, there are a few key differences in the respective networks of Cardano and Ethereum. 

One significant advantage Cardano has over Ethereum will be the elimination of execution fees once the Mary update is complete. Ethereum users interacting with a token smart contract are charged have to pay gas fees, whereas Cardano wouldn’t charge its users. Cardano also has the advantage over Ethereum in that it already uses the proof of stake mechanism - something which Ethereum intends to implement in the future. 

Don't Miss: Could Cardano Be a Millionaire-Maker Coin?

Demand for Cardano is Increasing

One issue that has dogged Cardano to some degree is that a few major cryptocurrency exchanges are yet to support the token - most notably, Coinbase, which is one of the most popular platforms for retail investors. However, there have been rumblings that this is due to change in the near future.

In addition,  the largest exchange in South Korea, Korbit, began listing ADA in December 2020, opening up Cardano for millions of users and - crucially - allowing it to compete in one of Ethereum’s biggest trading grounds, with as much as 40% of global ETH trading believed to take place in South Korea.

Should you buy cardano

Ultimately, demand for Cardano will likely be dependent on the success of its upgrades, but it seems crypto investors are optimistic - there has been an increase in the number of Cardano wallets, according to AdaStar, with an average of 121 new wallets created every hour since ADA’s record-breaking price run - an increase of 98% on the 63 wallets created per hour as of January 1.

Any suggestion of increased demand is always a positive sign for Cardano price predictions and with more technical developments in the pipeline, it’s just possible that ADA could maintain its recent growth. 

What Is Cardano Coin Used For?

Cardano is an open-source proof-of-stake (PoS) blockchain platform. In a PoS system, users can add new transactions to the blockchain by ‘staking’ their cryptocurrency as collateral to validate transitions. This is much less energy-intensive than platforms that use proof-of-work algorithms. IOHK refers to Cardano’s proof-of-stake protocol as a ‘permissioned Ouroboros-BFT’ (Byzantine Fault Tolerant) consensus protocol.

Cardano has been built with two distinct layers. The first is called the Cardano Settlement Layer (CSL), sometimes simply known as the cryptocurrency layer, and this is where users can carry out crypto transactions. 

The second layer is the Cardano Computation Layer (CCL). This layer enables developers to run apps such as decentralised apps (dApps) and smart contracts. Smart contracts are automatic contracts that encode the specific terms of an agreement, such as the price you’re paying and the party to whom you’re paying the amount. Much like the process of Bitcoin mining, this makes the payment system incredibly transparent and also means that people don’t have to go through third parties such as banks.

Cardano’s unique architecture is one of the features that sets it apart from first and second-generation cryptocurrencies. At the time of Cardano’s launch, the idea of using multiple layers was ground-breaking. The two different layers make it much easier for potential hard forks to occur in the future and generally improve Cardano’s long-term scalability.

Should You Invest In Cardano?

Cardano is arguably the most promising cryptocurrency on the market. From the way it was designed to the numerous upgrades it has undergone since its launch.

Cardano is one of the few networks that can tick all the boxes and displays no apparent shortcomings when it comes to the future of blockchain - the same of which cannot be said for either Ethereum or Bitcoin. 

Most Cardano price predictions have the token continuing its growth throughout 2023, but there is some divergence over what happens further down the line.

Buy Cardano on eToro

Naturally, a good way to hedge your bets is to diversify. The current price of Cardano (ADA) per token is still relatively cheap, so it may well be worth buying a small amount in any case, especially if you are already invested in Ethereum - having both onboard could be a good way to hedge your bets. 

Ultimately, Cardano’s future depends on continued technological innovation. There will no doubt be other third-generation coins coming onto the market and ADAs selling point as a peer-reviewed blockchain is not something that can be patented. The developers at Cardano therefore not only need to have their sights firmly on Ethereum, but they also need to stay ahead of the market in general.

Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Where To Invest In Cardano

As we mentioned earlier, there are some popular retail exchanges that, for one reason or another, are yet to list Cardano.

One of the best brokers on the market is eToro. It offers support for Cardano (ADA) as well as a good selection of other popular cryptocurrencies and is a very user-friendly platform - especially for the less experienced crypto investor. 

Once you’ve completed the short registration process, you’ll have access to several financial markets, as well as a host of professional trading and analytical tools. In addition, eToro also offers plenty of educational materials for those looking to conduct further research before they invest in Cardano. 

Conclusion — Cardano Price Prediction 

This article has presented a comprehensive Cardano price prediction for the years ahead, touching on the coin's projects and value potential.

Based on Future Cardano price prediction, the ADA coin can expect to see significant growth over the coming years. Leading analysts vary wildly on their forecasts - but if even the most conservative predictions pan out, anyone who chooses to buy Cardano could see decent returns.

Cardano is arguably the most professional cryptocurrency project to date. It benefits from a peer-review system that scrutinises its development to ensure that it delivers only the best solutions. No other blockchain project can claim to have the same level of expertise as Cardano.

Furthermore, Cardano has never been hacked and drives forward innovation. They don’t just copy and paste other ideas from different projects, they lead the crypto market forward. But at the same time, this strategy could be slowing them down and allowing rival smart contract platforms to provide solutions quicker. This could mean that Cardano is a better long-term investment than a short-term investment.

If you’ve been looking for the latest Cardano price prediction, we hope you’ve found this article helpful. Cryptocurrency investing is notoriously risky and it’s vital to have a robust risk management strategy in place if you’re considering adding Cardano to your portfolio.

eToro – Best Place To Buy Cardano

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

Other Crypto Price Predictions

Here are some important questions investors should be asking themselves right now.

FAQs Cardano Price Prediction

Will Cardano go up?

Yes, Cardano will go up in both the short and long term. Cardano price prediction suggests that ADA will increase. Historical data also backs up this possibility. However, never assume that an asset will go up forever.

What will Cardano be worth in 2023?

By 2023, we fully expect the price of Cardano to retreat up to $0.51 per ADA, however, it seems unlikely that we will see the asset retest its current all-time high of $3.10 from September 2021. 

What is the Cardano price prediction for 2024?

Our Cardano price prediction for 2024 estimates that the coin could reach a price of $0.75.

How much will Cardano be worth in 2025?

Cardano will be worth above $1 per coin by 2025. This would represent a return of 300% for those who invested today.

What Will Cardano Be Worth In 5 Years?

Our five-year Cardano ADA price prediction anticipates a 565% increase to an astounding high of $2.13 by 2028. 

Is Cardano A Good Buy?

Cardano is arguably one of the best cryptocurrencies to own. It has the most reputable background of any crypto project so far. If Charles Hoskinson’s vision is realised, we could be running entire countries with Cardano in the future.

Is It Too Late To Buy Cardano?

It is far from late to buy Cardano. Though the value of ADA has appreciated massively over the past few years, given the wide scope of Cardano and its potential, it could increase significantly more.

Is Cardano A Good Investment?

Cardano has already proven itself to be a great investment in the crypto market. Since hitting its all-time low of $0.01735 five years ago, it’s up 1,752%.

Will Cardano overtake Ethereum?

Many altcoins have been touted as ‘Ethereum killers’ and most have fallen well short of the mark. Whilst Cardano is still a long way behind its predecessor, it’s technical superiority could well see it take the number 2 spot and many experts are choosing to invest in Cardano as part of a long term strategy, with the very real belief that Cardano could be the major altcoin in the near future.

Will the price of Cardano reach $10?

Some Cardano price predictions believe ADA will steadily appreciate whilst others believe it will experience several peaks and troughs. As far as future prices go, Coin Price Forecast’s prediction of $20 may be a little ambitious, but both Libertex and Crypto-Ratings have drawn up very believable trajectories that see ADA reaching $10 by 2040..

Does Cardano Have A Future?

Cardano has a clear and defined future ahead of it. Ploughing ahead with the Basho phase, Cardano will work on scalability and interoperability, and then in the Voltaire phase, Cardano will transform into a self-sustaining system.

Can Cardano Reach $100?

Cardano will not reach $100 in the foreseeable future. Our current Cardano price prediction estimates it will reach $10 at the highest by 2040 .

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