Cardano (ADA) has faced quite a few rough years since the 2021 bull run. ADA’s price climbed to an all-time high of $3.09 in September 2021 during one of the most significant bull runs in crypto history. ADA’s price has fallen by more than 75% since its 2021 peak. Let’s discuss if Cardano (ADA) can hit the $6 mark within this decade.
Will Cardano (ADA) Hit $6 by 2030?
Cardano (ADA) has been one of the most developmentally active crypto projects over the last few years. ADA founder Charles Hoskinson was also one of the pioneers behind the creation of Ethereum (ETH). Its development-focused outlook could help the project hit new peaks over the coming years.
According to Changelly’s ADA analysis, Cardano will continue to rally over the coming years. The platform anticipates the asset to hit a peak of $6.25 in 2030. Hitting $6.25 from current price levels will entail a rally of about 682.25%.
Telegaon analysts present an even more bullish outlook for Cardano (ADA). Telegaon predicts ADA to breach the $6 mark in 2028, anticipating the asset to hit a peak of $8.24. Hitting $8.24 from current price levels will entail a rally of about 931.68%. Moreover, the platform predicts Cardano (ADA) will hit a potential maximum price of $15.08 by 2030. Hitting $15.08 from current price levels will translate to a rally of about 1788.07%.
Also Read: ADA 2025-26 Roadmap: Why Cardano Is a Smarter Buy Than Others
While long-term growth for the crypto market is quite positive, there is a possibility that things will not unfold as predicted by Changelly and Telegaon. The crypto market could face challenges from macroeconomic factors. Moreover, Cardano’s (ADA) performance over the last few years has been quite lackluster. If the project continues its current trend, it may not hit the $6 mark by 2030.