Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

Cardano price prediction 2023

Up, down or sideways – what lies ahead for the price of Cardano?

Disclaimer: This page is not financial advice or an endorsement of digital assets, providers or services. Digital assets are volatile and risky, and past performance is no guarantee of future results. Potential regulations or policies can affect their availability and services provided. Talk with a financial professional before making a decision. Finder or the author may own cryptocurrency discussed on this page.

We reveal why our panel thinks Cardano (ADA) will be worth US$0.51 by the end of 2022 before rising to US$2.45 by 2025 and why holding until 2030 may be the real pay-off. All prices mentioned in this report are in US dollars.

Finder runs quarterly surveys of industry specialists, asking for their thoughts on how various cryptocurrencies will perform over the next decade. During the October 2022 survey, we asked our panel of 55 industry specialists to give their predictions on Cardano's price between now and 2030.

Cardano price prediction 2022

Cardano is expected to finish 2022 worth $0.51, according to Finder's panel of fintech specialists. Looking further down the road, the panel thinks ADA will close out 2025 at $2.45 and 2030 at $5.37.

Cardano price predictions for 2022, 2025 and 2030: Jan versus October

Back in January, prior to the market collapse, the panel said ADA would close out 2022 at $2.79, which is now higher than their projection for the coin's value in 2025.

There is also a steep decline in their expectations for its value over the next decade. The projection of $5.37 for 2030 is far more conservative than the prediction of $58.04 back in January 2022.

This may partially be a reflection of the crypto market in general. It could also be a reaction to the fact that Cardano developers did not deliver on as much as ADA holders had hoped for in regard to ecosystem (i.e. DeFi, NFT) development. This may change though given the Vasil hard fork that went live in September 2022.

Cardano price predictions for year-end 2022, 2025 and 2030

Justin Hartzman, the CEO at CoinSmart Financial, believes the Vasil hard fork will have a positive impact on ADA’s price, which is why Hartzman has a price target of $0.50 by the end of 2022. He says:

“The Vasil fork has made Cardano smart contracts more scalable and accessible. This should encourage more developers to code on the protocol and boost usability.”

But not every panelist has such optimistic price targets by 2022’s end. Walker Holmes, the co-founder and vice president of MetaTope, gave a price target of $0.35, which is roughly around where ADA trades now. However, Holmes is optimistic about ADA’s future and says, “ADA is very strong and will continue to grow.” Holmes attributes the low price at the moment to the slow development of Cardano.

Vancouver Island University professor Ajay Shrestha expects ADA to be worth just $0.30 by year’s end, noting the external pressures on the broader cryptocurrency market. However, he thinks ADA could lift to $4 within the next few years. “We are experiencing losses in both crypto and equity,” he added.

Unocoin Technologies CEO Sathvik Vishwanath is one of the more optimistic panelists with a price target of $0.60 by 2022’s end.

“With Vasil upgrade completed, the project has all the required functionalities to provide a complete and robust blockchain ecosystem. With loyal communities behind along with new users keep adding and 1,000+ getting built on it, Cardano has all the checklist to grow immensely in coming years.”

Dr. Iwa Salami, co-director of the Centre of FinTech at the University of East London, has an even more optimistic target for December 2022 of $0.80. “The Cardano ecosystem has made good progress over the past year attesting to the many months of thorough research which has characterized the work of blockchain firm Input Output Hong Kong (IOHK), which oversees the design, building and maintenance of the Cardano platform.”

Cypherpunk Holdings CEO Tony Guoga gave a conservative short-term forecast of just $0.35. He thinks ADA could be worth $2.50 by 2025 and says he likes the team behind the coin.

“Short-term negative market impacts to remain. Long-term good play.”

Buy, sell or HODL?

The panel is mostly neutral on Cardano, with 42% saying it's time to hold your ADA. Only 27% of our panelists say it’s time to buy ADA while 31% say it’s time to sell.

Natalia Zakharova, head of global sales at FXOpen, believes now is the time to buy ADA because it “has a lot of potential, it is scalable, effective and PoS-based”. Zakharova has a price target of $0.60 by 2022’s end.

Leading the bearish camp is the founder and CEO of Omnia Markets, Mitesh Shah, who provides the lowest price target of $0.25 by December 2022. “ADA's price will correlate with the bearish market and continue to decrease for the remainder of the year,” Shah says. However, by 2030 Shah believes ADA will be worth $10.

Ruadhan O, founder of Seasonal Tokens, offers a detailed prediction for December 2022: “Cardano will maintain its value for as long as Ethereum's gas fees remain high. The Merge won't affect the Ethereum gas fees, so Cardano will continue to be an attractive alternative.” Ruadhan believes ADA will be worth $0.50 in December 2022 and says it’s time to hold ADA.

Do you think ADA is currently overpriced, underpriced or priced fairly?

The majority (52%) of our panelists think ADA is currently fairly priced. Only 18% believe ADA is overpriced and 30% think it’s underpriced.

What was behind Cardano’s September gains?

Cardano’s price rose briefly in September and the majority of panelists think this is in part due to the Vasil upgrade (72%) as well as its listing on the trading platform Robinhood (55%).

What do you think the total value locked (TVL) on ADA will be in 12 months?

The TVL on ADA sat at $81 million when the panel was surveyed and now sits at $66.23 million at the time of writing. However, in 12 months our panel believes that ADA will have a TVL of $196 million. The lowest prediction says the TVL will remain at $81 million.

Ben Ritchie, managing director at Digital Capital Management, has the most optimistic prediction of ADA reaching a TVL of $12 billion. “If we consider that the Cardano Vasil hard fork a success and the US inflation rates return to a manageable level, the TVL can go as high as $12 billion. This is possible especially if DeFi on Cardano succeeds.”

Meet the panel

Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Whether products shown are available to you is subject to individual provider sole approval and discretion in accordance with the eligibility criteria and T&Cs on the provider website.

Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
KuCoin Cryptocurrency Exchange
OFFER
KuCoin Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, P2P
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND

743
cryptocurrencies

Sign up and get up to US$10 in rewards. Make trades to get up to US$500 in rewards. T&Cs apply.
Binance Cryptocurrency Exchange (Not available to US users)
Bank transfer, Cryptocurrency

369
cryptocurrencies

eToro Cryptocurrency Trading
eToro Cryptocurrency Trading
Bank transfer, Credit card, Debit card, Neteller, Skrill
EUR, GBP, NZD, USD, AUD, HKD, SGD, CHF, NOK & 5+ more

78
cryptocurrencies

Disclaimer: Cryptoasset investing is highly volatile and unregulated in the UK and some EU countries. No consumer protection. Tax on profits may apply.
Bybit Cryptocurrency Exchange
Bybit Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, P2P
USD, AUD, CAD, EUR, GBP, NZD, HKD, JPY, SGD, PHP

279
cryptocurrencies

Disclaimer: Highly volatile investment product. Your capital is at risk.
Gate.io Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

1607
cryptocurrencies

Changelly Crypto-to-Crypto Exchange
Credit card, Debit card
USD, GBP, EUR, CAD, MXN, HKD, RUB, NZD, SGD, JPY & 40+ more

391
cryptocurrencies

US residents: US-based users can not use Changelly.
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, CAD, AUD, GBP, CHF, JPY, AED

222
cryptocurrencies

OKX Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP

338
cryptocurrencies

Uphold
Uphold
Bank transfer (ACH), Credit card, Debit card, Apple Pay, Google Pay
USD, GBP, AUD, EUR, CAD, CNY, JPY, SGD, INR, NZD

237
cryptocurrencies

Paybis Cryptocurrency Exchange
Bank transfer, Credit card, Debit card, Neteller
EUR, GBP, USD, AUD, CAD, PHP, SGD, CHF, HKD, JPY & 30+ more

390
cryptocurrencies

US residents: Restricted in the following states - NY, CT, NM, WA, HI, AL, VT, FL, AK, NV.
Finder Award
Bitstamp Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, SEPA, Faster Payments (FPS)
USD, EUR, GBP

77
cryptocurrencies

OFFER
Gemini Cryptocurrency Exchange
Bank transfer (ACH), Cryptocurrency, Debit card, PayPal, Apple Pay, Google Pay, SWIFT
USD, AUD, CAD, EUR, GBP, SGD, HKD, COP

140
cryptocurrencies

Finder Award
Crypto.com App
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal, Wire transfer, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, COP, CHF, HKD, SGD, AUD, CAD, KRW, SEK, CNY, TRY, RON, JPY, NOK, MYR, BRL, DKK, ZAR, BGN, THB, INR, TWD, PHP, IDR, MOP, MDL, SAR, MXN, CLP

311
cryptocurrencies

loading

Are you visiting from outside the US?

Select an option to continue

Bybit Cryptocurrency Exchange

Bybit Cryptocurrency Exchange logo
  • Offers leverage and derivative trading
  • Supports EUR, GBP and CHF
  • Licensed to operate in all European countries
Go to site
Disclaimer: Highly volatile investment product. Your capital is at risk.
OFFER

KuCoin Cryptocurrency Exchange

KuCoin Cryptocurrency Exchange logo
  • Buy, sell and trade over 700 crypto assets
  • Supports 10 Asian fiat currencies
  • Offers crypto futures trading
Go to site

Kraken Cryptocurrency Exchange

Kraken Cryptocurrency Exchange logo
  • Buy, sell and trade over 200 crypto assets
  • Licensed to operate in 17 jurisdictions in Oceania
  • Supports AUD
Go to site

Binance Cryptocurrency Exchange (Not available to US users)

Binance Cryptocurrency Exchange (Not available to US users) logo
  • Supports over 300 crypto assets
  • Binance Pay enables users spend their crypto
  • Binance P2P supports multiple African fiat currencies
Go to site

Binance Cryptocurrency Exchange (Not available to US users)

Binance Cryptocurrency Exchange (Not available to US users) logo
  • Supports over 300 crypto assets
  • Binance Pay works with Credencial Payments to support crypto payments
  • Binance P2P supports five Latin American fiat currencies
Go to site

Bybit Cryptocurrency Exchange

Bybit Cryptocurrency Exchange logo
  • Supports leverage and derivative trading
  • Supports 300 spot trading pairs
  • Low-to-non-existent trading fees
Go to site
Disclaimer: Highly volatile investment product. Your capital is at risk.

More guides on Finder

  • How to buy DRAC (Ordinals) (DRAC)

    This guide provides step-by-step instructions on how to buy DRAC (Ordinals), lists some exchanges where you can get it and provides daily price data on DRAC.

  • How to buy VMPX (VMPX)

    This guide provides step-by-step instructions on how to buy VMPX, lists some exchanges where you can get it and provides daily price data on VMPX.

  • How to buy BANK (Ordinals) (BANK)

    This guide provides step-by-step instructions on how to buy BANK (Ordinals), lists some exchanges where you can get it and provides daily price data on BANK.

  • How to buy ZBIT (Ordinals) (ZBIT)

    This guide provides step-by-step instructions on how to buy ZBIT (Ordinals), lists some exchanges where you can get it and provides daily price data on ZBIT.

  • How to buy WHEE (WHEE)

    This guide provides step-by-step instructions on how to buy WHEE, lists some exchanges where you can get it and provides daily price data on WHEE.

  • How to buy PIZA (Ordinals) (PIZA)

    This guide provides step-by-step instructions on how to buy PIZA (Ordinals), lists some exchanges where you can get it and provides daily price data on PIZA.

  • How to buy BISO (BISO)

    This guide provides step-by-step instructions on how to buy BISO, lists some exchanges where you can get it and provides daily price data on BISO.

  • How to buy PEPE (Ordinals) (PEPE)

    This guide provides step-by-step instructions on how to buy PEPE (Ordinals), lists some exchanges where you can get it and provides daily price data on PEPE.

  • How to buy ALEX Lab (ALEX)

    This guide provides step-by-step instructions on how to buy ALEX Lab, lists some exchanges where you can get it and provides daily price data on ALEX.

  • How to buy NALS (NALS)

    This guide provides step-by-step instructions on how to buy NALS, lists some exchanges where you can get it and provides daily price data on NALS.

Ask an Expert

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site