{"id":9236,"date":"2022-03-12T20:20:06","date_gmt":"2022-03-12T20:20:06","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/no-new-all-time-highs-this-year-for-cardano-but-price-could-surge-by-2030-survey\/"},"modified":"2022-03-12T20:20:07","modified_gmt":"2022-03-12T20:20:07","slug":"no-new-all-time-highs-this-year-for-cardano-but-price-could-surge-by-2030-survey","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/no-new-all-time-highs-this-year-for-cardano-but-price-could-surge-by-2030-survey\/","title":{"rendered":"No New All-Time Highs This Year for Cardano, But Price Could Surge by 2030 – Survey"},"content":{"rendered":"
\n
Source: AdobeStock \/ JustSuper<\/figcaption><\/figure>\n

\u00a0<\/p>\n

Cardano<\/strong>\u2019s native token ADA is not expected to see new all-time highs this year, but could still rise to more than USD 8 before the end of 2025, while a whopping USD 58 is possible by 2030, said a panel of industry experts surveyed by the comparison website Finder<\/strong>.<\/p>\n

\u201cYes, they are infamously slow with their developments, but let’s look at what we have so far,\u201d said Justin Hartzman, CEO and co-founder of the Canadian crypto exchange CoinSmart<\/strong>, while explaining the somewhat bearish price prediction for this year.<\/p>\n

He added that the team has \u201ccompletely decentralized block production\u201d and that they have done \u201cwonderful work in Africa,\u201d referring to Cardano\u2019s earlier ventures in Ethiopia and Tanzania.<\/p>\n

\n

\u201cI believe that Cardano will thrive in the future,\u201d the CoinSmart CEO said.<\/p>\n<\/blockquote>\n

According to the panel, ADA — currently ranked the 7th<\/sup> most valuable coin by market capitalization — will jump to USD 2.79 by the end of 2022, while USD 8.18 is likely by the end of 2025.<\/p>\n

In 2030, ADA could reach a price as high as USD 58 \u2013 an increase of more than 4,000% from its price at the beginning of 2022, as indicated by an average of the responses from the panelists.<\/p>\n

ADA\u2019s all-time high is USD 3.1, reached on September 2, 2021. Notably, this all-time high remains well above the panel\u2019s price prediction for the end of 2022.<\/p>\n

ADA price predictions for 2022, 2025, and 2030, per Finder\u2019s panel:<\/strong><\/p>\n

\"\"
Source: Finder.com<\/figcaption><\/figure>\n

Among those who opined that a massive increase by 2030 is possible is Bilal Hammoud, CEO of Canadian crypto exchange NDAX<\/strong>, who said that the future looks bright for Cardano as development moves ahead and more projects choose to migrate to the platform.<\/p>\n

\u201cADA is one of the most underrated assets, as the smart contract and [decentralized finance (DeFi)] stabilize we should see many projects migrate to it,\u201d Hammoud said.<\/p>\n

Similarly, crypto startup\u00a0Permission<\/strong>\u2019s chief product officer Vanessa Harris was also optimistic in regards to Cardano, calling it one of just a few blockchains that have put \u201csecurity, correctness, [and] decentralization at their core, backed by formal methods and peer reviewed research.\u201d<\/p>\n

\n

\u201cWhile this means Cardano moves more deliberately in the short term, long term this resilience should support adoption by nation states and non-governmental organizations. We are already seeing this adoption happen in Ethiopia and Tanzania,\u201d Harris argued.<\/p>\n<\/blockquote>\n

In the near term, however, some panelists expressed a more pessimistic view. Among them was John Stefanidis, CEO of the crypto gaming firm Balthazar<\/strong>, who said that a \u201clack of execution and poor technology\u201d is holding back progress for Cardano.<\/p>\n

A similar view was also shared by the private investor Veronica Mihai, who expects ADA\u2019s price growth to diminish in the coming years.<\/p>\n

\n

\u201cUnless they achieve great tech advances and a significant user base, it may suffer the same fate as most [proof-of-stake (PoS)] coins,\u201d she said.<\/p>\n<\/blockquote>\n

At 13:33 UTC on Friday, ADA is trading at USD 1.02. It’s down 3.7% in a day and 11.3% in a week.<\/p>\n

____<\/p>\n

<\/strong>
– Number of Devs on Solana, Polygon, Cardano & Co Growing Faster Than on Ethereum
– 6YO Cardano Still Compensates Lack of Adoption with Plans & Hopes<\/p>\n

– After Failed Prediction, Cardano\u2019s Hoskinson Pushes for \u2018Real Decentralization\u2019
– Cardano Gives More Info on Stablecoin & New Partnerships, ADA Drops<\/p>\n

– Layer 2 in 2022: Get Ready for Rollups, Bridges, New Apps, Life With Ethereum 2.0, and Layer 3
– DeFi Trends in 2022: Growing Interest, Regulation & New Roles for DAOs, DEXes, NFTs, and Gaming<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Source: AdobeStock \/ JustSuper \u00a0 Cardano\u2019s native token ADA is not expected to see new all-time highs this year, but could still rise to more than USD 8 before the end of 2025, while a whopping USD 58 is possible by 2030, said a panel of industry experts surveyed by the comparison website Finder. \u201cYes, […]<\/p>\n","protected":false},"author":1,"featured_media":9237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"categories":[43],"tags":[],"class_list":["post-9236","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-nft"],"yoast_head":"\nNo New All-Time Highs This Year for Cardano, But Price Could Surge by 2030 - Survey | NFT & Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nftandcrypto-news.com\/nft\/no-new-all-time-highs-this-year-for-cardano-but-price-could-surge-by-2030-survey\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No New All-Time Highs This Year for Cardano, But Price Could Surge by 2030 - 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