The cryptocurrency market has faced substantial volatility over the last few weeks. Earlier this month, the crypto market registered the single highest one-day liquidation in its history. Cardano (ADA) is also following the market-wide price crash. According to CoinGecko statistics, ADA’s price has dipped 2.3% in the daily charts, 2.6% in the 14-day charts, and 13.7% over the previous month. Despite the steep correction, the asset is up 3.4% over the last week and 98% since October 2024. What this means is that if you invested in ADA in October 2024, your money would have nearly doubled by now.
Will Cardano’s Price Recover From The Crash?
Cardano (ADA) is one of the most developmentally active crypto projects in the market. While the project boasts strong fundamentals, its price has struggled to gain momentum over the last few years. ADA is currently down by 78.5% from its all-time high of $3.09, which it attained in September 2021, about four years ago. While competitors like Ethereum (ETH), XRP, and BNB have new all-time highs in 2025, ADA is still struggling to regain the $1 mark.
Although Cardano’s (ADA) performance has been lackluster, it may turn the tide over the coming months. According to CoinCodex analysts, ADA will breach the $1 mark in December of this year. The platform predicts Cardano (ADA) will trade at $1.05 on Dec. 31, 2025. Hitting $1.05 from current price levels will translate to a rally of about 59%.
Also Read: Cardano Dips 20% in One Month, What Will Spark ADA Rebound?
The current market downtrend is likely due to macroeconomic factors and trade disputes. The market may pick up steam once the global economy finds its footing. Moreover, the Federal Reserve is expected to further lower interest rates. Another rate cut will likely trigger a surge in risky investments. Cardano (ADA) and the larger crypto market could greatly benefit from such a development.