Cardano(ADA) Overview
| Cryptocurrency | Cardano |
| Ticker | ADA |
| Current Price | $1.09 |
| Price Change (30D) | 48.45% |
| Price Change (1Y) | 78.25% |
| Market Cap | 48.88 Billion |
| Circulating Supply | 35.11 Billion |
| All-Time High | $3.10 |
| All-Time Low | $0.01735 |
| Total Supply | 44.99 Billion |
What is Cardano (ADA)?
Cardano (ADA) is the driving force behind a third-generation blockchain aiming to redefine the industry. Unlike earlier blockchains like Bitcoin and Ethereum, Cardano solves critical issues such as scalability, security, and efficiency. Powered by Ouroboros, its advanced Proof of Stake (PoS) consensus mechanism, Cardano delivers high transaction speeds, minimal fees, and a fraction of the energy consumption compared to traditional Proof of Work (PoW) systems.
Founded by Charles Hoskinson, a co-creator of Ethereum, Cardano’s development is guided by rigid peer-reviewed academic research, making it one of the most scientifically potent blockchains. With a roadmap of transformative phases—culminating in full decentralization through governance by ADA holders—Cardano is poised for long-term growth.
The ADA token is integral to the network, enabling transactions, staking, and future governance. As developments like Hydra aim to unlock infinite scalability, ADA’s potential continues to soar.
Cardano Price History
Cardano’s native token, ADA, has defied the odds, outperforming many altcoins even after navigating a challenging year marked by prolonged bearish sentiment. According to data from CoinMarketCap, ADA’s price chart illustrates a turbulent yet phenomenal journey as the token remained range-bound for several months, consolidating around the $0.40 level.
However, mid-Q4 marked a turning point, as ADA experienced a sudden bullish rally, propelling its value to a peak of $1.32. This rally represented an over 314% surge from its November 4 low of $0.32 to the $1.32 high, showcasing renewed optimism within the Cardano ecosystem.
Notably, the monthly chart echoes this upward trend, although the rally was relatively short-lived. Following the peak, ADA saw a minor pullback, stabilizing above the $1.00 support zone. Despite this brief retracement, the cryptocurrency has remained firmly in the green zone, recording a 48.45% increase in the past 30 days and a 78.25% gain over the past year.
Is Cardano’s Drop a Buying Opportunity for $6 Potential?Yearly Highs and Lows of Cardano
| Year | Cardano Price | |
| High | Low | |
| 2023 | $0.6795 | $0.2349 |
| 2022 | $1.6388 | $0.2394 |
| 2021 | $3.1000 | $0.1500 |
| 2020 | $0.1968 | $0.0185 |
| 2019 | $0.1065 | $0.0304 |
| 2018 | $1.3151 | $0.0178 |
Cardano Technical Analysis
From a technical perspective, the Relative Strength Index is currently at 66.96, nearing the overbought threshold of 70. This indicates strong buying pressure, suggesting that ADA’s price may continue its upward trajectory in the short term. However, traders should remain cautious as the RSI’s proximity to overbought levels could lead to a possible correction if selling pressure increases.
The MACD indicator further strengthens the bullish outlook. The MACD line at 0.0468 has crossed above the signal line at -0.0292, forming a bullish crossover. This crossover is often a key indicator of a trend reversal to the upside. The MACD histogram is also positive at 0.0760, reflecting increasing bullish momentum and improving market sentiment.
Cardano (ADA) Price Forecast Based on Fair Value Gap
The chart below shows a clear FVG zone between $0.38 and $0.90, where ADA’s bullish rally has entered. After months of range-bound trading, the token surged to a high of $1.32 before slightly retracing. If buying momentum persists, ADA could stabilize within this FVG zone, turning it into a support range and targeting the next resistance area.
Looking further ahead, the upper FVG around the $1.76 – $1.83 level represents a key area for ADA’s future upside. Historically, fair value gaps often get revisited as price seeks to balance inefficiencies. For ADA to reclaim these higher zones, sustained volume and bullish momentum are critical.
Cardano (ADA) Price Forecast Based on MA Ribbon Analysis
On the weekly chart, the price of ADA has decisively broken above the 200-week SMA at $0.7673, which had previously acted as a long-term resistance. This breakout is a strong bullish indicator, as the 200-week SMA often represents a key threshold between bearish and bullish markets. The token now trades at approximately $1.07, comfortably above this level.
Further supporting the bullish case are the 20-week SMA (yellow line) at $0.5689 and the 50-week SMA (blue line) at $0.5292, both trending upwards. This upward trajectory reflects increasing buying pressure and the possibility of sustained growth. Should ADA maintain its position above these MAs, the token could aim for higher resistances near $1.32 and likely revisit its previous highs.
Cardano (ADA) Price Forecast Based on Fib Analysis
According to the Fibonacci analysis, the 23.60% retracement level at $0.7451 previously acted as a strong support zone before the current rally began. As the price increased, the 38.20% level at $1.1951 became the first key resistance. ADA recently tested this level but failed to hold above it, signaling it as immediate short-term resistance. A breakout above $1.1951 could trigger further bullish momentum.
If buyers regain control, the next key target is the 50.00% retracement level at $1.5588. This zone is a critical barrier where a sustained break would reinforce a stronger recovery. Beyond that, the 61.80% “golden ratio” at $1.9225 becomes the next bullish objective, a level that would confirm a reversal of the longer-term downtrend. The 78.60% retracement at $2.4403 aligns with ADA’s previous resistance during its all-time high rally and would signal a full recovery.
Cardano (ADA) Price Prediction 2025
According to CryptoTale’s projections, Cardano could reach a peak of $3.93, driven by BTC’s halving momentum after 2024 and growing adoption. On the downside, market corrections might push ADA to a low of $1.55 amid profit-taking.
Cardano (ADA) Price Prediction 2026
Per our forecast, ADA may enter a market consolidation phase as the BTC halving hype fades. During this period, the token is anticipated to trade within a range-bound pattern, with $1.55 as the resistance zone and $0.88 as the floor price.
Cardano (ADA) Price Prediction 2027
Following the market recovery from the previous year’s consolidation, Cardano could peak at $2.50 as anticipation of the 2028 BTC halving fuels market optimism. However, volatility or external economic pressures may see ADA retrace to $1.07, reflecting cautious investor sentiment.
Cardano (ADA) Price Prediction 2028
With the BTC halving, creating renewed market confidence, ADA could surge to $3.10, revisiting its all-time high. Conversely, bearish corrections may force the price to retreat to $2.44.
Cardano (ADA) Price Prediction 2029
Community support and ecosystem growth may push Cardano to a high of $4.37. Nonetheless, if investor enthusiasm wanes due to unforeseen macroeconomic factors, ADA could hit a low of $3.09 during market corrections.
Cardano (ADA) Price Prediction 2030
According to CryptoTale, weak market demand and competition might limit ADA’s price to a low of $2.15. Conversely, Cardano could peak at $3.50 as its advanced blockchain solutions gain traction globally.
Cardano’s Hoskinson and Ripple CTO Explore Midnight FeaturesCardano (ADA) Price Prediction 2031
Cardano could hit a new milestone with a peak price of $3.98, driven by further decentralization and real-world utility expansion. Market slowdowns or competitive challenges might lower the price to $2.84.
Cardano (ADA) Price Prediction 2032
With sustained technological advancements, ADA could reach a high of $6.18 as adoption accelerates globally. However, external economic pressures could pull the price to a low of $4.37.
Cardano (ADA) Price Prediction 2033
Increased institutional investments and ecosystem upgrades might propel ADA to a peak of $8.08. On the downside, price corrections or weak investor sentiment could bring ADA down to $5.00.
Cardano (ADA) Price Prediction 2034
In 2034, ADA’s price may experience market consolidation, limiting its growth to a peak of $4.37 as investor sentiment remains cautious and trading volumes decline. During this phase, ADA could dip to a low of $3.09 due to subdued demand.
Cardano (ADA) Price Prediction 2035
By 2035, Cardano is expected to recover, surging to $7.02 as market confidence returns and blockchain adoption accelerates globally. On the downside, lingering economic uncertainties could limit ADA’s price to $5.50 during minor corrections.
FAQs
ADA is the native cryptocurrency of Cardano, a third-generation blockchain that focuses on scalability, security, and efficiency using the Ouroboros Proof of Stake (PoS) consensus mechanism to enable fast transactions, low fees, and minimal energy consumption.
You can purchase ADA on cryptocurrency exchanges like Binance, Coinbase, Kraken, and KuCoin. Create an account, deposit funds (fiat or crypto), search for ADA and execute a buy order.
Investing in ADA can be promising due to its strong fundamentals, scalability focus, and growth potential. However, it remains volatile, so conducting thorough research and understanding market risks is essential before investing.
What’s the best way to securely store ADA?
The best way to store ADA securely is using a hardware wallet like Ledger, Trezor, or the official Cardano wallet, Daedalus. For mobile use, consider lightweight wallets like Yoroi for added convenience.
Cardano was founded by Charles Hoskinson, one of Ethereum’s co-creators. He launched the project to solve the scalability and energy efficiency issues faced by first- and second-generation blockchains like Bitcoin and Ethereum.
ADA was launched in 2017 as part of the Cardano blockchain network, with a focus on peer-reviewed academic research, decentralization, and advanced blockchain solutions.
According to the latest market data from CoinMarketCap, the circulating supply of ADA is currently 35.11 billion tokens out of a total supply of 44.99 billion.
ADA’s all-time high of $3.10 remains achievable, especially with future developments like Hydra scaling and increasing adoption. Market confidence and BTC halvings will play key roles in driving price appreciation.
ADA’s all-time low price is $0.01735, recorded shortly after its launch in 2017. This price reflects its early volatility before achieving significant growth in subsequent years.
What will the price of ADA be in 2025?
In 2025, ADA is projected to reach a high of $3.93, fueled by BTC’s post-halving momentum. Due to market corrections and profit-taking activities, its low could hover around $1.55.
2028 ADA could surge to $3.10, revisiting its all-time high as BTC halving boosts confidence. On the downside, bearish corrections may bring the price to $2.44.
ADA could peak at $3.50 in 2030 as global blockchain adoption accelerates. However, weak market demand and growing competition might limit its low price to $2.15.
With sustained advancements and adoption, ADA is expected to reach a high of $6.18 in 2032. External economic pressures, however, could pull the price down to $4.37.
By 2035, ADA could recover and surge to $7.02 amid market confidence and blockchain adoption. Lingering global uncertainties might limit the token’s low price to $5.50.
