Cardano (ADA), which is currently the 8th biggest cryptocurrency by market cap, is expected to skyrocket to about $2.93 by 2025 and $6.53 by 2030. This is what the experts on Finder’s panel of fintech say. These experts also hope that by the end of 2022, the coin will be worth $0.63.
Due to the market crash, the panel has changed their original prediction that ADA would end 2022 at $2.79 to say that it is more likely that the crypto’s price won’t reach that level until 2025.
Their estimates for how much it will be worth in 10 years have dropped sharply. Compared to the prediction made in January 2022, which was $58.04, the current prediction of $6.54 for 2030 is a more cautious one.
The co-director of the Center for FinTech at the University of East London, Dr. Iwa Salami, thinks that the price will be $0.60 by the end of 2022. She thinks that Cardano’s value and use will grow over time. Because of this, the value of Cardano (ADA) will go up.
She says that Cardano’s value comes from the fact that it wants to help people in developing countries get access to money.
On the other hand, Charles Silver, the executive chairman of Permission.io, has doubts about how useful the Cardano blockchain will be in the future. Since he doesn’t like Cardano, he thinks that ADA will drop in value to $0.20.
CoinMarketCap says that the price of ADA at the time of this writing is $0.458. This is due to a 5.51 percent increase in prices over the last 24 hours.