The price of Cardano (ADA) has returned above $1, performing better than Bitcoin (BTC) and other major cryptos. What are the price predictions for the future of ADA?
Summary
Cardano: the price of ADA above $1 is in a pump of +12% in the last 24 hours
Cardano (ADA) is recording better price performance than other major cryptos. At the time of writing, ADA is worth $1.08 and is in a pump of +12% compared to 24 hours ago, but also +19% compared to seven days ago.
ADA revisited the 1$ threshold last November 2024 (after April 2022), reaching the annual high at the beginning of December above 1.20$. However, from December 19, the price of ADA slipped again below the 1$ threshold, reaching price lows of 0.77$, up to today.
However, it seems that 2025 for ADA seems to want to be more optimistic with this price surge reflecting the confidence of crypto-investors in the ninth crypto by market capitalization.
Looking at the other main cryptos, the price of Bitcoin (BTC) has increased by only 0.12% in the last 24 hours and by 0.36% in the last seven days. Its price is $96,675.
Cardano has also outperformed Solana (SOL) and Ripple (XRP) in terms of price performance, which have increased by +12% and +10% respectively in the last seven days.
Cardano (ADA) begins 2025 with a price surge
While the price of ADA in 2025 returns above the 1$ threshold, it is necessary to observe the progress of the project.
On January 1, 2025, the same founder of Cardano, Charles Hoskinson, shared the following post on X:
The Cardano Constitution is now stored on-chain forever & you can mint it as an NFT for FREE!
— NMKR (@nmkr_io) January 1, 2025
Get yourself a piece of history: https://t.co/cAIjr1bFnu
Mint will stay open for 7 days. pic.twitter.com/MLhFJkG2Uq
We talk about one of the latest gems, the Cardano Constitution which was approved by the Constitutional Committee at the beginning of December. It is a series of guiding principles designed to ensure scalability, growth, and technological progress of the Cardano ecosystem.
Now, however, there is the community referendum, in which ADA holders will be called to vote on the ratification of the Cardano Constitution, giving rise to a decentralized governance model.
Hoskinson himself wanted to emphasize that the constitution will be an essential tool for transferring the governance of Cardano to the global community, introducing
Decision-making processes based on on-chain voting.
Not only that, Hoskinson also outlined the Cardano roadmap for 2025, based on three main objectives:
1) Adoption of the constitution;
2) Transparent annual budget
3) Election of a permanent committee.
The price forecasts for ADA: when will it reach $1.50?
At the moment, looking at Changelly, the price prediction for ADA with the target of $1.50, could be reached in March 2027.
Nothing to do with what was already announced just a month ago, when some analysts went out on a limb and talked about ADA at $3, meaning a new All-Time High.
In general, the analyst Dan Gambardello had stated that the rally that began in November with Trump’s victory was just the beginning of a breakout for the entire crypto sector.
Thus, Dan Gambardello then stated that ADA has all the potential to also become the subject of a new ADA spot ETF in the USA.
Just as happened with XRP, if the S-1 model were also made official for Cardano to request an Exchange-Traded Fund on ADA from the SEC of the USA, then for Dan Gambardello, the price of ADA could quickly reach $3.