Cardano: How Far Could a $2,000 ADA Investment Take You by May 2025?
The cryptocurrency market is finally ending a rocky month of April on a great note. Most assets have been recovering well over the past week. Cardano (ADA) was among them as the asset jumped by more than 11%...
The cryptocurrency market is finally ending a rocky month of April on a great note. Most assets have been recovering well over the past week. Cardano (ADA) was among them as the asset jumped by more than 11% during this period. The altcoin continued this trend as the asset was trading at $0.7178 at the time of writing. This comes after a 3.28% rise over the past 24 hours. Just earlier today, ADA dipped to a low of $0.6843 before climbing up to a high of $0.7282.
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While the asset has been struggling to move past $1, the founder of the Cardano network, Charles Hoskinson, was seen setting bigger targets for ADA. During a recent livestream, the Cardano founder noted how the altcoin could rise to a high of $3 or even $10. But this comes after a development in the network that requires a significant budget. He believes that the upcoming growth phase could push the asset towards the above mentioned milestones.
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Cardano Price Prediction
According to data from CoinCodex, the altcoin is expected to witness a slight rise during the coming month. The firm set ADA’s maximum price for May 2025 at $0.8656, shattering all hopes for a potential uptick above the $1 mark.
An investor would be able to buy around 2,791.79 ADA tokens if they invested $2,000 in Cardano at its current price of $0.7167. By May 2025, Cardano is expected to reach a peak of $0.865655, meaning that the investment’s value might increase to almost $2,416.66. This would amount to a gain of around 20.83% over the next month. Even while it wouldn’t be a huge spike, it would still represent a notable return for a comparatively quick investment.
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