According to the Finder.com panel, Cardano (ADA), the 7th largest cryptocurrency by market capitalization, could surge up to $2.79 by the end of 2022, which is relatively a slow growth compared to its all-time high of 2021. But the prediction further stated that Cardano long-term investors could see a return of over 4000% by 2030.
Cardano (ADA) To $2.79 by the End Of 2022
Finder.com, a comparison website for investors, conducted a poll among its 33 fintech specialists to foreknow what is likely in store for Cardano (ADA) in 2022.
These experts include Chloe White, Managing Director at Genesis Block Pty Ltd, University of Brighton senior lecturer Paul Levy, CoinSmart CEO and co-founder Justin Hartzman, NDAX CEO Bilal Hammoud, CoinFlip founder Daniel Polotsky, among others.
Read Also: CCV Founder: Cardano is the Biggest Sleeping Giant in Crypto; ADA Is Going to Explode
According to Finder.com specialists, Cardano (ADA) will be trading at relatively $2.79 by the end of 2022. The report says that out of all of the existing altcoins, only 10.3% of the panel think that Cardano will be the top-performing altcoin of 2022.
If the prediction comes to pass, it implies that ADA, which was trading at $1.04 when the report was published, will surge 168% by the end of this year.
The report states further that Finder.com specialists have high expectations for Cardano (ADA) going forward, despite the price downturns recorded lately.
According to the comparison website, back in July 2021, the panel expected ADA to hit $7.26 by 2025 and then head to $26.59 by 2030.
The panel now expects more from Cardano (ADA) by predicting $8.18 for 2025 and $58.04 for 2030. Considering the poll result, Cardano (ADA) is a good choice for long-term investors.
Experts Are Bullish On Cardano (ADA)
According to the report, Vanessa Harris, chief product officer at Permission, was one of the more bullish panelists on Cardano (ADA) and expects its price to attain $3 by the end of 2022.
Haris stated that ADA has indeed experienced slow growth in recent months. The panelist said the waiting will soon pay off as nation-states adopt the use cases embedded in the Cardano blockchain.
Vanessa Harris noted:
“It is one of the few smart contract platforms that have placed security, correctness [and] decentralisation at their core, backed by formal methods and peer-reviewed research. While this means Cardano moves more deliberately in the short term, long term this resilience should support adoption by nation-states and non-governmental organisations. We are already seeing this adoption happen in Ethiopia and Tanzania.”
Follow us on Twitter, Facebook, Telegram, and Google News