Cardano (ADA) has faced quite a few years since the 2021 Bull Run. The ADA price rose to a record high of $3.09 in September 2021, one of the most important bull runs in the history of the code. ADA prices have fallen more than 75% since their peak in 2021. Let’s discuss whether Cardano (ADA) can hit the $6 mark within the last decade.
Will Cardano (ADA) reach $6 by 2030?
Cardano (ADA) is one of the most developmentally active cryptographic projects in recent years. Charles Hoskinson, founder of the ADA, was also one of the pioneers behind the creation of Ethereum (ETH). Its development-focused outlook could help the project reach new peaks in the coming years.
According to Changelly’s ADA analysis, Cardano will continue to meet in the coming years. The platform expects assets to peak at $6.25 in 2030. At $6.25 from the current price level, you’ll need a gathering of around 682.25%.
Telegaon analysts offer an even more bullish outlook for Cardano (ADA). Telegaon predicts that the ADA will violate the $6 mark in 2028, with assets peaking at $8.24. If you hit $8.24 from the current price level, you’ll need a meeting of around 931.68%. Additionally, the platform predicts Cardano (ADA) will reach a potential maximum price of $15.08 by 2030. When you reach $15.08 from the current price level, you will be converted to a gathering of around 1788.07%.
The long-term growth of the crypto market is very positive, but things may not unfold as predicted by Changelly and Telegaon. The crypto market can face challenges from macroeconomic factors. Furthermore, Cardano (ADA) performances over the last few years have not been very shiny. If the project continues its current trend, it may not reach the $6 mark by 2030.