Cryptocurrency markets have faced significant volatility in recent weeks. Earlier this month, the cryptocurrency market hit an all-time high in single-day liquidations. Cardano (ADA) is also following the market-wide price crash. According to CoinGecko statistics, ADA price has fallen 2.3% on the daily chart, 2.6% on the 14-day chart, and 13.7% month-on-month. Despite the sharp correction, the asset is up 3.4% in 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 price recover from the crash?
Cardano (ADA) is one of the most actively developed crypto projects on the market. Although the project boasts strong fundamentals, the price has struggled to gain traction in recent years. ADA is currently down 78.5% from its all-time high of $3.09, set nearly four years ago in September 2021. While competitors like Ethereum (ETH), XRP, and BNB are hitting new highs in 2025, ADA is still struggling to regain the $1 mark.
Cardano (ADA) has had a lackluster performance, but that could change in the coming months. According to CoinCodex analysts, ADA will break through the $1 mark in December this year. The platform predicts that Cardano (ADA) will trade at $1.05 on December 31, 2025. Reaching $1.05 from current price levels would represent an increase of approximately 59%.
The current market downtrend can be attributed to macroeconomic factors and trade disputes. Once the global economy gets back on track, the market may gain momentum. Additionally, the Fed is expected to lower interest rates further. Further interest rate cuts are likely to trigger a surge in risk investments. Cardano (ADA) and the larger crypto market could greatly benefit from such developments.