Cryptocurrency experts have examined Cardano in light of its progress, examining its price potential, and the future of the biggest Proof-of-Stake (PoS) blockchain looks to be bright, according to a survey of 17 fintech experts conducted by Finder and published on February 17. In particular, the crypto analysts surveyed between January 6 – 17 projected a price at $8.18 by the end of 2025 for the smart contracts-enabled, peer-reviewed asset, an eightfold increase in just three years for the DeFi token. Whatsmore, they predicted ADA would end this year with a price of $2.72, climbing more than 160% from its price as of February 2, 2022. Overall, the Cardano-centric analysis is exceptionally bullish, with the panel of experts predicting that ADA would reach a price of $58 by 2030.
Experts predict Cardano could reach $3 by end of 2022
A number of milestones have been reached on the network in recent months, as development on the blockchain has surged in response to the September upgrade. According to Vanessa Harris, Permission’s chief product officer, the currency might hit the $3 threshold this year, something Finbold looked at comprehensively in its Cardano price prediction for 2022. She elaborated: Although Cardano has been criticized for its sluggish progress when it comes to incorporating new features and functionalities into its software, Harris thinks that the currency’s durability will help it to be accepted by governments and non-governmental groups in the long run. Not all of the specialists who were contacted, on the other hand, were similarly optimistic. Balthazar CEO John Stefanidis and investor Veronica Mihai are among those who are bearish on the ADA. Stefanidis predicts that the price of ADA will fall by the end of 2022 as a result of “a lack of execution and poor technology.” In addition, Mihai predicts that the price of Cardano will fall in the next ten years, she stated: Currently, ADA is back trading under $1, changing hands at $0.98, down 4.15% in the last 24 hours and 8.37% across the previous week with a market cap of $32.9 billion, according to CoinMarketCap data. Read also: Cardano price prediction – Can ADA hit $3 in 2022?Shiba Inu price prediction – Can SHIB hit a new all-time high in 2022?Dogecoin price prediction – Can DOGE reach $0.50 in 2022?Ripple price prediction – Can XRP surpass $1 after lawsuit developments? Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
