Cardano Price Prediction: Can ADA Go Past $1?

Cardano had a great 2020, and 2021 is expected to be even better for the project. ADA is also expected to mirror the achievements that the team behind Cardano has been making.

At the moment of writing this article, ADA is trading in the red, and the coin is priced at $0.3126.

Capital.com notes that “ADA started 2020 at $0,0341, quickly rallying to $0,0707 by mid-February. It then entered a downtrend that culminated in the coin falling to the intraday low of $0.0191 on March 13, driven by the broader market sell-off at the start of the Covid-19 crisis.”

The same notes reveal that “So far in 2021, the coin has attracted a lot of investor attention after soaring to $0.2572 on January 5, its highest price in over two and a half years.”

2020 was great for Cardano

Capital.com also made sure to reveal the fact that 2020 was truly momentous for Cardano, with the project now boasting over 1,400 stake pools, partnerships with hundreds of institutions and companies, and thousands of users.

More than that, the Cardano Foundation team has expanded, welcoming 11 new members in 2020, including the new CEO Frederik Gregaard.

They also address the fact that ADA could be hitting $1 again, but we suggest that you check out the complete analysis in their original article. 

Increasing financial inclusion

Cardano is talking about the ways in which the blockchain and help the unbanked and more. Check out one relevant post that they shared on their Twitter account.

We just addressed the issue in an article the other day; make sure to check it out. 

Stay tuned for more price predictions about ADA and for more achievements that Cardano manages to mark.

Previous ArticleNext Article
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.

This post has 4 Comments

4

Leave a Reply

Your email address will not be published. Required fields are marked *