Cardano Price Prediction: ADA is Eyeing $1

How has the Cardano (ADA) Price Moved Recently?

Today, Cardano (ADA) is priced at $0.354987, with a trading volume over the past 24 hours of $377.42 million. Its market cap stands at $12.41 billion, giving it a market share of 0.51%. In the last day, ADA's value has dipped by 0.90%.

Cardano achieved its all-time high of $3.10 on September 2, 2021, while its all-time low was $0.017354 back on October 1, 2017. Since reaching its peak, ADA's lowest price has been $0.234392, with a recent cycle high of $0.806108. Currently, sentiment around ADA is neutral, as indicated by a 69 on the Fear & Greed Index (showing "Greed").

In terms of supply, Cardano's circulating ADA tokens total 34.96 billion out of a maximum supply of 45 billion. This past year, the supply grew by 3.36%, resulting in an additional 1.14 billion ADA.

Cardano Price Prediction: Long-Term Growth Potential with Short-Term Upside

This imbalance could keep ADA price in a consolidation phase in the short term, as it waits for increased network use or new market drivers to stimulate upward movement.

Martinez projects that ADA price could kick off a similar rally around mid-November, possibly reaching as high as $6.50 by September 2025 if past trends hold. This forecast aligns with other analyst predictions that see a potential 130% rise in ADA’s value within the next three months and up to 140% growth within a year, driven by increasing investor confidence in Cardano’s project fundamentals and potential future use cases.

Ultimately, reaching $1 in the near term might still be a challenge for ADA, given the mixed short-term signals and the need for stronger network engagement. 

However, if Cardano can align its on-chain activity with price growth, and broader crypto market conditions remain favorable, it could reach or even exceed the $1 mark. In this case, the path forward would likely rely on both sustained market interest in Cardano’s long-term vision and a supportive macro environment. While patience might be required, ADA’s growth trajectory and potential make it a coin to watch in the coming months.