Is It Too Late to Buy Cardano? ADA Price Prediction for 2025

Cardano's taking a bit of a hit today, sliding about 11% and now trading under $0.95. Just another day in the wild world of crypto, right?

Cardano (ADA) price today, April 21: Hit hard by the market sell-off, ADA dropped below the key $1 mark and is currently trading at $0.944, down 10.9% over the last 24 hours.

After hitting lows of $0.70 on April 4, ADA has seen a 34% recovery in just two weeks. This comes as the broader altcoin market has seen some impressive gains this month, with many altcoins posting triple-digit gains.

However, ADA’s recent performance is particularly noteworthy given that it belongs to the “old” group of cryptos. While younger altcoins have been grabbing the headlines with their astronomical rises, ADA’s steady climb has caught the attention of many crypto enthusiasts.

As a result, there’s been a lot of chatter about potential ADA price breakouts at $1.20 and $1.60 that could send the coin on another leg up. Crypto analysts are also eyeing some interesting price levels, with Fibonacci-based ADA price predictions ranging from $4.80 to $7.70. Some optimists are even predicting a $10 peak during the next market cycle.

Not only that, but Cardano has also been in talks with some major players in the crypto space, including Ripple (XRP) and Stellar (XLM). There’s even been talk of potential ETF launches involving ADA.

While these partnerships and developments could certainly act as catalysts for the ADA price rally, it’s important to remember that in the world of crypto, today’s hot news can quickly become tomorrow’s forgotten tweet.

Having said that, Cardano’s goal is to regain a 4% market dominance in what could become a $10 trillion crypto market. This would put ADA in the price range of $300 to $400 by the end of the next bull cycle, assuming a market cap of $7.5 trillion to $10 trillion.

But remember, crypto is a highly volatile and unpredictable asset class, so these price targets should be taken with a grain of salt.