Will Cardano reach $10 by 2025?

Will Cardano reach $10 by 2025?
Will Cardano reach $10? Yes, Cardano will reach $10 before 2030 assuming ADA grows at 50% per annum.

Many experts believe that Cardano is potentially the “Ethereum killer” as it is gradually developing into an innovative ecosystem for developers. The blockchain that keeps upgrading even in the current market scenario is exactly what investors should look for to consider in a well-diversified portfolio. The Vasil hard fork is also scheduled for the next few days.

Top DeFi Apps on Cardano

DEX – Minswap, WingRiders, SundaeSwap

Lending – Lending Pond, AADA

Will Cardano reach $10? Statistical Analysis

If ADA were to rise 20% per year, how many years to reach 10 dollars?18 years
If ADA were to rise 50% per year, how many years to reach 10 dollars?8 Years

After considering the statistical data, it is clear, at the current price, if ADA rises 20% per year, it will take 18 years to reach $10. However, if there is an increase of 50% every year, in the next 8 years, ADA price will be over $10.

Some Prediction for ADA for the next few years

Aggregated Cardano Price Prediction 2025 is $2

Aggregated Cardano Price Prediction 2030 is $10.8

Now, let us look at how much time it took Ethereum to go from $18B market cap to $333 Billion? It took Ethereum 4 years to reach $333 from $18B. Why will it be longer?

Competition

Will Cardano reach $10?: ADA Performance Chart

For Cardano the has been tough so far but it has been the same with its competitors, Solana and Ethereum. The crypto market has crashed massively and this has affected all the major cryptos and also the altcoins. Cardano has lost over 65% of its value this year. In comparison to ADA, Ethereum is down around 56% since January 2022.

One of the main reasons for Cardano’s tough journey this year is because of a large number of competitors (for example Solana or AVAX). Cardano has a much more difficult task of gaining share even if its growth remains high. This year, for example, Cardano has underperformed Ethereum and is on par with Solana.

Last 5 DaysYTD
Cardano+3.1%-65.4%
Ethereum+3.1%-55.8%
Bitcoin-0.3%53.6%
Solana-4.8%-80.6%

So unlike Ethereum which had 2-3 major competitors like Litecoin and Ripple, Cardano has to contend with Ethereum itself which has responded to every Cardano upgrade or innovation with an upgrade itself. So Cardano may grow but is unlikely to gain share from Market leader Ethereum. Therefore a 30% per annum is a fair growth estimate for Cardano.

At 30% per annum, it will take 12 years for Cardano to reach $10

Will Cardano reach $20? Read here

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions. 

Read: Best cryptocurrency to invest in 2022

Will Cardano reach $10? Yes, it will!

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