Cardano (ADA), the 8th-largest cryptocurrency by market capitalization, has been predicted to attain three-figure selling price levels by Changelly, a crypto exchange known for long-term bullish price predictions.
According to Cardano (ADA) price statistics on CoinGecko, the digital asset is changing hands at about $0.76, reflecting a 12% upswing in the past 24 hours.
Read Also: Projected Timelines for Cardano (ADA) To Hit $1, $5, $20, and $200
In the previous month and the last 14 days, ADA saw increments of approximately 54.8% and 29%, respectively. Its remarkable statistics indicate that it might be among the early benefactors of the recent Bitcoin (BTC) remarkable price break out.
While the current price trajectory might seem impressive, the unanswered question remains, “Is ADA’s current run sustainable? If yes, to what extent?
Changelly’s Perception Of Cardano (ADA) Price Trajectory
The digital assets price prediction platform projected an ascending price trajectory for ADA over the next couple of years, which is the norm for most cryptocurrencies, especially those that have shown tendencies for greatness.
In Cardano’s case, the protocol is a promising crypto project with a strong possibility for expansion. However, attaining its maximum potential to remain atop the market has been a challenge for the development team.
According to the price prediction on Changelly, Cardano (ADA) will sell for a single-digit price for more than five years before attaining a double-digit selling price.
On its path to attaining a double-digit selling price, ADA could revisit its $3.1 all-time high (ATH) in February 2028, after which it will continuously ascend until it hits price levels around the $10 region in 2030.
Meanwhile, having attained prices above $10 in 2030, another ten years from 2030 will see ADA surge to prices above $100. According to the analysts at Changelly, Cardano will be worth about $118.02 and $161.83 in February 2040 and March 2040, respectively.
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Read Also: Changelly Experts Share Timelines for Cardano (ADA) to Hit $1.16, $2.35, $4.70, and $7.16
Can Cardano (ADA) Remain Relevant Even Beyond 2040?
As with every protocol running within the Web3 space, remaining in the limelight for as long as possible has always been the ultimate goal.
Aside from boasting an impressive price track, building an all-encompassing ecosystem with real-world applications has also proven crucial in ensuring that most crypto projects remain relevant despite stiff competition.
In one of our recently published reports, the Cardano development team proved proficiency in discharging their duties, as it announced the introduction of 300 newly funded projects on the Cardano ecosystem. Initiatives like this and many similar inventions, coupled with ADA’s attractive price trajectory, will propel its long-term survival.
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