Cardano (ADA) Price Prediction (March 2023)
Knowing the Cardano (ADA) price prediction is essential when looking to start trading in cryptocurrency. This Cardano (ADA) price prediction will help you decide whether Cardano (ADA) is an excellent future investment.
Our Cardano (ADA) price prediction provides traders & investors with insight on the predicted Cardano (ADA) price for 2023, 2025, & 2030.
Starting from 2023, according to Long Forecast, Cardano (ADA) could be worth an average of $0.36 by the end of the year. By 2025, the price is acceptable to skyrocket to $1.04 at the start of the year. But it will hit its peak of $1.21 by December. After a series of ups and downs, in 2030, the price could shoot up to $2.39.
Cardano was launched as a competitor to Ethereum. Founded in 2017, Cardano runs using a research-driven system through a Proof-of-Stake blockchain instead of a Proof-of-Work.
They specifically designed the platform for hosting intelligent contracts and developing decentralized applications that can solve problems such as transaction processing. What’s more, it can do so while using less energy compared to other Blockchain platforms such as Bitcoin.
That being said, Cardano (ADA) is a cryptocurrency native to Cardano. But it’s more than just a cryptocurrency for investors and users alike. This cryptocurrency has garnered tremendous attention in the industry, as seen in its price.
Since it was launched, the value of Cardano (ADA) has grown immensely, and we expect it to increase in the next several years. But how high can we expect Cardano (ADA) prices to climb?
Here is a look at the Cardano (ADA) price prediction for coming year, 2025 and 2030. In addition, we’ll also break down the Cardano (ADA) price history, so you can get a better understanding of how the price changed over time.
We’ve also compiled a comprehensive overview of the best platforms to help you pick the right platform for trading Cardano (ADA).
Cardano (ADA) Price Prediction: 1 Year
Despite the challenge of predicting the price of any cryptocurrency, according to Long Forecast, the price for Cardano (ADA) could hit its highest price of $0.45 in December. But it could have its lowest price of $0.19 in May. According to their Cardano (ADA) price predictions, the average price by the end of the year will be $0.36.
But a recent Cardano (ADA) price prediction by Trading Beast has it reaching up to $0.74 by the end of the year. Around March, prices could hit the lowest of $0.60 and peak until the middle of the year.
Interestingly, Trading Beast notes that Blockchain transactions are rising. This means that investors are purchasing Cardano (ADA) on exchanges such as Bitbuy and Coinberry at an increasing rate, which could paint a brighter picture for Cardano (ADA) 2030.
Cardano (ADA) Price Prediction for 2025
Trading Beast predicts an even higher price of $1.04 at the start of the year if Cardano successfully releases new updates. The latest updates could potentially make Cardano (ADA) more prevalent, increasing demand and the price.
Additionally, they predict an upsurge could follow it until it hits its highest price of $1.21 in December. This positive Cardano (ADA) price prediction is excellent news for investors. It correlates with the expected upgrades we expect to roll out in the future.
However, Long Forecast has considerably lower price predictions for Cardano (ADA) for 2025. They predict a lower price of $0.36 for Cardano (ADA at the start of the year.
A gradual decline will follow this until it will hit a low of $0.26 in May and June. But it will be followed by some steady price increase from $0.30 in July before hitting the lowest price of the year of $0.24 in December.
Cardano (ADA) Price Prediction for 2030
2030 could see the prices go through some dramatic changes. According to Digital Coin, the price could shoot up to $2.52 in January at the start of the year. The price surge will continue until February, when it will climb to $2.53. Prices will decline a month later to $2.51, despite it only dropping less than 1%.
For the rest of the year, we will see some minor ups and downs in the price, with the price hitting its all-time high of $2.65 in September. Over the next few months, prices will experience a steady decline until they hit the lowest price of $2.39 in December.
Cardano (ADA) Historical Analysis
Before investing in any cryptocurrency, it’s essential to do your homework. That means analyzing the price history. Check the recurring patterns and price indicators to determine when the price will likely fall and rise in the future. Since it launched in 2017, the price of Cardano (ADA) has changed significantly.
2017
Cardano (ADA) burst into the cryptocurrency industry in September 2017. It began selling at $0.02. Its first price surge came on 4 January 2018, when it was $1.21. At this point, Cardano (ADA) price peaked roughly 4,000% and had a market valuation of $31 billion.
2018
Sadly, the peak in 2017 was followed by a decline. In March 2018, Cardano (ADA) price dropped below $0.15 and was worth a quarter of its market valuation in 2017. There were additional improvements in April 2018, but they only managed to raise the price to $0.40. By the end of the year, the price had dropped to $0.03.
2019
The following year, 2019, saw no increase in price. The price surged a few times between March and June, but it failed to break the $0.10 mark each time.
There were a few updates, including the launch of Cardano 1.5 in March and the unveiling of the Cardano Shelley testnet in June. This could have been a significant driver of to surge in Cardano prices in March and June. But, by the end of the year, Cardano (ADA) had fallen back to $0.03.
2020
Following a price decrease in 2019, Cardano (ADA) rallied in January and February, hitting a steady $0.07. But, by March, the price of Cardano had plunged 45% in a single day, falling to under $0.02.
Some changes could have influenced this in the market. A major crash occurred in 2020 because of the COVID-19 pandemic. This significantly impacted the cryptocurrency industry, with its biggest single-drop in prices since 1987.
After a low start, by August 2020, Cardano (ADA) inched back to $0.14. However, it was followed again by a steep decline in September. The drop in September was also felt in the rest of the cryptocurrency industry.
Following a few months of minor fluctuations, Cardano (ADA) finished the year on a high note, with a price of $0.17. For Cardano (ADA), the price increase was due to the unveiling of the Shelley mainnet at the end of the year, which attracted more investors.
2021
The growth continued in 2021. The price of Cardano (ADA) was also affected by the release of the Goguen mainnet. This was Cardano’s third anticipated upgrade, which added a dozen new features, such as the ability to design and launch decentralized apps.
By the start of the year, the price of Cardano (ADA) had peaked at almost 700%. This set it at an all-time high of $1.43. This enabled it to achieve a market valuation of $45 billion by the end of 2021.
Best Platforms for Cardano (ADA)
There are hundreds of cryptocurrency exchange platforms on the market. The challenge is finding which one is the best for Cardano (ADA) trading.
You have to ensure your Cardano (ADA) investment is safe. The platform also has to offer reasonable fees and support several payment options. Considering all these factors, below, you’ll find the best platforms for buying and selling Cardano (ADA) in 2022.
1. Bitbuy
If you are looking for a cryptocurrency exchange platform to trade Cardano (ADA), Bitbuy is worth giving a shot.
Why We Chose Bitbuy
Bitbuy is the best overall platform for trading Cardano (ADA) for beginners. This top-rated platform strikes an excellent balance between low fees and support for many cryptocurrencies. It also has an advanced level of security features.
In addition, it is user-friendly, especially for cryptocurrency trading beginners and provides features for professionals alike. As a bonus, it also has a referral program. So if you refer someone, you can earn $40, and so do your referrals. Add on the outstanding customer support. It’s no wonder it is one of the best platforms for trading Cardano (ADA).
Bitbuy Features
It has a quick market trade feature that is great for beginners and pro-trade that is suitable for professional traders. In addition, it stands out by offering an IOS and Android app so that you can monitor your assets and trade them all using your mobile device.
You can also access the Express and Pro trading options. Although they recommend using your computer for Pro Trading, so you can view all the features.
The platform also has an Over-the-counter (OTC) trading option. Instead of Bitbuy making a trade on your behalf, you can make a deal yourself with an individual or a company.
Bitbuy Fees
While Bitbuy is suitable for beginners and experienced traders, it comes with some trading fees. For instance, there is a 1.5% CAD fee for depositing into your account and withdrawing funds using Interac e-Transfer.
You’ll also need to pay a 0.5% fee if you make a wire transfer deposit. Despite the fees, Bitbuy still is worth trying due to its features. Plus, you can make deposits using a credit or debit card, wire transfer and Interac e-Transfer.
Unfortunately, one of the downsides to using Bitbuy is the charges on the trading options. If you choose Express Trading, you will need to pay a 0.20% maker or taker fee. While for Pro Trading, you will need to pay 0.10% for the maker and 0.20% for the taker.
Bitbuy Security
Bitbuy is well known for its security features. First, it ensures that 98% of your Cardano (ADA) assets are well secured by storing them in cold storage. Besides, Bitbuy also offers several options for keeping your Cardano (ADA) assets, such as a Ledger Nano S wallet.
In addition, it has a secure and streamlined system in place to allow you to withdraw your assets to a private wallet of your choice. However, what stands out the most is that the Bitbuy team is part of the IIROC Crypto-Asset Working Group.
2. CoinSmart
Another heavy hitter when it comes to the sheer amount of features and pros is CoinSmart. With CoinSmart, you can access a wide selection of cryptocurrencies, including Cardano (ADA).
Why We Chose CoinSmart
We choose CoinSmart as the best platform for Cardano (ADA) because it is convenient and easy to use. A simple fee structure is excellent for anyone trying to dip their toes in the Cardano (ADA) investment waters.
What’s more, it has excellent 24/7 customer support. You can reach out to customer support via phone, email and live chat. It also has a detailed FAQ page that can answer most of your questions.
CoinSmart Features
Perhaps the most exciting feature is instant account verification. All you need to do is sign up and provide the required information. Plus, it is free to sign up for, so you never have to worry about paying any monthly or annual fees.
However, the best selling point is the mobile app. While several cryptocurrency exchange platforms offer mobile apps, they typically have limited functionality. CoinSmart put its best foot forward when it came to building this app.
It offers a wide range of features with more functionality, so you use the platform on the go. You can use the app to purchase, sell, trade, and make deposits and withdrawals.
The platform also includes a tracking feature. This provides an overview of your transactions, including your withdrawals, trades, deposits and other activities you performed on the platform.
CoinSmart Fees
With all the added features and better functionality, you’d accept CoinSmart to have high fees. CoinSmart offers reasonable fees with utmost transparency. It provides a comprehensive overview of all the fees on the platform, so there are zero hidden fees. The platform charges deposit, withdrawal and trading fees.
If you want to make a single trade, they will charge you 0.20%. While for a double trade, they will charge you 0.40%. These are on the pricier end. But, paying a high fee for double trading is a small price to pay for being able to trade between two cryptocurrencies.
For depositing into your account using Interac e-Transfer, CoinSmart charges 1.5%. But compared to Bitbuy, you do not have to pay any fees when you use wire transfer for depositing. You do, however, have to pay a 1% fee for withdrawals using wire transfer. If you opt for Electronic Funds Transfer for withdrawals, you need to pay 1%.
CoinSmart Security
When it comes to security, CoinSmart has got you covered. Built with your account safety in mind, CoinSmart offers two-factor authentication for users. So you can secure your account by pre-approving devices used to log into your account.
Another outstanding security feature of CoinSmart is that it has cold storage. You can safely store 95% Cardano (ADA) offline in cold storage. It reduces the risk of fraud and makes trading Cardano (ADA) on CoinSmart completely risk-free.
Additionally, CoinSmart also follows Canadian Money Service Business regulations under FINTRAC. Which means it complies with all AML standards.
3. Coinberry
With an early entrance to the cryptocurrency exchange platform, it provides benefits to meet your trading needs.
Why We Choose Coinberry
Coinberry is a top-grade platform and is our pick for the best low-fee cryptocurrency exchange platform. It is one of the few cryptocurrency exchanges with the lowest fees. It’s also an excellent choice for professional traders because it offers advanced features and excellent support for trading.
Coinberry Features
It has established an excellent reputation by offering outstanding features for traders. Its top-selling point is the Coinberry Autopilot feature. You can automatically buy Cardano (ADA) using a real-time investment strategy through a dollar-cost averaging.
Additionally, you’ll also have access to Coinberry Pay. You can easily accept Cardano (ADA) as a payment option. Your funds will be quickly converted to CAD and deposited in your preferred account.
Another feature that you’ll appreciate is the quick account verification process. As long as you meet the requirements, they can verify your account within a minute.
Coinberry Fees
While most exchange platforms charge withdrawal and deposit, Coinberry has a zero fee deposit and withdrawal fee policy. The only fee you’ll need to pay is a spread fee between 0% to 2.5%. On the flip side, this is higher than what most cryptocurrency exchange platforms charge. Nevertheless, the zero withdrawal and deposit fees make up for this.
Coinberry Security
In terms of security, Coinberry has a fraud monitoring procedure. This protects your account and assets against fraud and other activities that would otherwise jeopardize your funds. This is one of the numerous safeguards it has in place to protect your account.
On top of that, Coinberry is also compliant with all PIPEDIA regulations, which regulates how private business use and collect user data. In addition, Coinberry company falls under Money Service Business (MSB) which follows the FINTRAC regulations.
4. Newton
Boasting various features and cryptocurrency options, Newton is suited for both beginners and experienced traders.
Why We Chose Newton
Perhaps one of the biggest reasons to choose Newton is that it is easy to use. You don’t have to worry about complicated trading charts, and the trading Cardano (ADA) process is much simpler.
Newton Features
Newton has a brief account verification process if you want to fast-track your account creation process. This is great if you’re going to trade fast, especially when Cardano (ADA) prices skyrocket, so you won’t need to wait long for your account to get approved.
With that said, Newton also has a noteworthy app compatible with both iOS and Android mobile devices. You can download the Newton app on the website. The apps also offer vast features such as limited order, making it suitable for professional and beginner traders to buy and sell Cardano conveniently.
Newton Fees
A benefit of Newton is it does not charge any trading, withdrawal or depositing fees. The only cost you have to pay is for spreads. Newton charges a 0.5% to 0.7% fee for spreads per Cardano (ADA) trade.
Newton Security
Although Newton arguably has minor features compared to other platforms, it offers top-tier security features.
In terms of funds security, it includes cold storage that can keep your Cardano (ADA) assets protected. These cold storages make it 99% impossible for anyone to get their hands on your Cardano (ADA) assets.
In addition, Newton also performs regular off-site backups and checks direct bank integrations daily to reduce the chances of fraud and keep your assets safe.
Cardano (ADA) Price Prediction Conclusion
Let’s wrap up this Cardano (ADA) price prediction. Since they founded Cardano in 2017, Cardano (ADA) has been rocky, from being worth $0.02. However, the price skyrocketed by 7,000%, reaching $1.40 by 2021. Though, it wasn’t all plain sailing. It had some ups and downs along the way.
When looking at the Cardano (ADA) price prediction, it’s important to remember that cryptocurrency markets are highly unpredictable. That means it can be hard to accurately predict the price of Cardano (ADA) next year, and it is even more challenging to come up with accurate estimates for 2030.
If you are interested in investing in Cardano (ADA), start only with a small amount that you can afford to lose. You can trade on the best platforms for Cardano (ADA), such as Bitbuy, Coinsmart, Coinberry and Newton. They all have useful features and top-notch features.
For additional research, it’s worth taking a broader look at the whole platform, including potential Cardano updates.
Look at market trends, keep up with cryptocurrency news, understand technical analysis, and listen to expert opinions. It’s important to note that the past value of Cardano (ADA) does not guarantee reasonable future prices. That being said, we hope this guide to Cardano (ADA) price prediction was helpful.
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