Skip to content

Crypto experts bet on Cardano to surpass $8 by the end of 2025

Crypto experts bet on Cardano to surpass $8 by the end of 2025

Smart contracts capability has allowed the Cardano (ADA) network to grow at an unparalleled pace since September 2021, when the blockchain underwent a significant upgrade.

Cryptocurrency experts have examined Cardano in light of its progress, examining its price potential, and the future of the biggest Proof-of-Stake (PoS) blockchain looks to be bright, according to a survey of 17 fintech experts conducted by Finder and published on February 17.

In particular, the crypto analysts surveyed between January 6 – 17 projected a price at $8.18 by the end of 2025 for the smart contracts-enabled, peer-reviewed asset, an eightfold increase in just three years for the DeFi token.

Cardano price prediction. Source: Finder

Whatsmore, they predicted ADA would end this year with a price of $2.72, climbing more than 160% from its price as of February 2, 2022. Overall, the Cardano-centric analysis is exceptionally bullish, with the panel of experts predicting that ADA would reach a price of $58 by 2030.

Experts predict Cardano could reach $3 by end of 2022

A number of milestones have been reached on the network in recent months, as development on the blockchain has surged in response to the September upgrade. 

According to Vanessa Harris, Permission’s chief product officer, the currency might hit the $3 threshold this year, something Finbold looked at comprehensively in its Cardano price prediction for 2022. She elaborated:

“[Cardano is] one of the few smart contract platforms that have placed security, correctness [and] decentralization at their core, backed by formal methods and peer-reviewed research.”

Although Cardano has been criticized for its sluggish progress when it comes to incorporating new features and functionalities into its software, Harris thinks that the currency’s durability will help it to be accepted by governments and non-governmental groups in the long run.

Not all of the specialists who were contacted, on the other hand, were similarly optimistic. Balthazar CEO John Stefanidis and investor Veronica Mihai are among those who are bearish on the ADA.

Stefanidis predicts that the price of ADA will fall by the end of 2022 as a result of “a lack of execution and poor technology.” In addition, Mihai predicts that the price of Cardano will fall in the next ten years, she stated:

“Unless they achieve great tech advances and a significant user base, it may suffer the same fate as most POS coins.”

Currently, ADA is back trading under $1, changing hands at $0.98, down 4.15% in the last 24 hours and 8.37% across the previous week with a market cap of $32.9 billion, according to CoinMarketCap data.


Read also: 
Cardano price prediction – Can ADA hit $3 in 2022?
Shiba Inu price prediction – Can SHIB hit a new all-time high in 2022?
Dogecoin price prediction – Can DOGE reach $0.50 in 2022?
Ripple price prediction – Can XRP surpass $1 after lawsuit developments?


Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

IMPORTANT NOTICE

Finbold is a news and information website. This Site may contain sponsored content, advertisements, and third-party materials, for which Finbold expressly disclaims any liability.

RISK WARNING: Cryptocurrencies are high-risk investments and you should not expect to be protected if something goes wrong. Don’t invest unless you’re prepared to lose all the money you invest. (Click here to learn more about cryptocurrency risks.)

By accessing this Site, you acknowledge that you understand these risks and that Finbold bears no responsibility for any losses, damages, or consequences resulting from your use of the Site or reliance on its content. Click here to learn more.