Cardano Its price is traded at an average of $0.45 during the day. The leading altcoin maintains its calm appearance by following a horizontal course without much activity on the charts.
ADA last reached its all-time high at $3.09 in September 2021 and then lost most of its gains. But the real question now is when will ADA break this record and reach a new peak? In this article, we will cover an estimated timeline of when ADA could surpass the $5 level.
When Will Cardano (ADA) Cross the $5 Threshold?
Leading on-chain metrics and price prediction firm CoinCodex paints a positive picture for Cardano price. According to the price forecast, ADA has the potential to reach a maximum of $2.41 next year, i.e. 2025. This represents an increase and return on investment (ROI) of approximately 450% from its current price.
The analytics firm also predicts that Cardano’s native token, ADA, could rise above the $5 level in 2029. This means another five years from today and is considered a long-term wait. Additionally, forecasts suggest that ADA could reach a new all-time high of $5.21 in 2029.
According to the forecast, the ADA price may decline in 2030 and fluctuate around $3.51. If the prediction proves correct, the return on investment (ROI) at the current price will be approximately 1,070%. So, a $10,000 investment in Cardano today could turn into $117,000 in 2030.
However, the cryptocurrency market is extremely volatile and can bring serious losses to investors. There is no guarantee that ADA will reach $5.21 in 2030 or $2.41 in 2025. It is recommended that you conduct thorough research and evaluate your own risk before logging into Cardano’s native token.
