Top Cardano (ADA) Price Predictions
Cardano often does well when the market is trending up and poorly when confidence falls. Along with that, there are some specific factors that affect the coin and there’s more detail on those below.
Most of Cardano’s growth has come since 2021. Its value increased more than 500% in the crypto bull run between December 2020 and March 2021, and saw an even bigger spike in July 2021. The chart below shows how the price has changed over time.
Most predictions expect a price of $4 to $5 by 2024. The continued growth relies on Cardano establishing itself as a genuine rival to Ethereum and attracting more projects to the platform.
If it can attract new users ahead of competitors like Ethereum and Solana. The ultimate goal is to be the blockchain that can scale up and cope with a huge number of users at the same time, which would open up any number of possible uses for the technology.