The development of the Cardano was influenced by the work of Gerolamo Cardano, an Italian polymath, and it was introduced to the market in 2017. Charles Hoskinson, the creator of Cardano, provided information regarding the Alonzo hard fork in August 2021. As a result of this announcement, ADA’s price jumped by 116% the following month.
Like the Ethereum merge, the launch of the Vasil hard fork was one of the team’s most highly anticipated updates. Despite some difficulties encountered along the way, the hard fork was a success.
Cardano had recently hit the price level of $0.6539. However, according to recent data, ADA has surged by over 12.8% in the last 24 hours.
With the whole cryptocurrency market trading in the green, here is our price prediction for Cardano for this weekend.
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ADA price prediction for this weekend
Various factors, such as market conditions, price action, developments, supply, and use cases, will determine whether Cardano’s ADA can shoot up in price this weekend.
Based on ADA’s behavior at the start of 2023, cryptocurrency experts at Changelly offer their price prediction of Cardano for this weekend. For this timeframe, ADA’s minimum price is anticipated to be $0.568. The maximum price is expected to reach $0.676. In addition, experts expect that ADA will trade at an average price of $0.611473 to $0.632069 during the weekend.
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Can ADA hit $1?
Data from Changelly shows that ADA is unlikely to hit $1 this weekend or in December. According to their analysis, the price of ADA is likely to hit $1 in July 2025.
According to the latest CoinMarketCap data, Cardano is trading at $0.6532, with a 12.6% surge in value over the last 24 hours.