Carrying on from last year’s rather unexpected rise, Cardano (ADA) Markets are now wondering if there is a possibility of a cryptocurrency price as low as $2. The asset started January firmly above $1, and has room to rise.
ADA has a lot of exciting plans for this year. The founder Charles Hoskinson’s The token has been working hard to upgrade the system and could be competing soon with the largest assets in the market. In January, tokens are preparing to face what may be an explosive 12 months.
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Cardano’s 2025 Run Has the Crypto Market Believen
There is no way to deny that 2024 will be the biggest year ever in crypto’s history. Two crypto-based exchange traded funds (ETFs) were approved in the past year, and a number of asset classes have seen a surge in their value. One of the most notable was BitcoinFirst time a price of six figures was achieved by.
There were still a number of tokens which had seen impressive increases in November. While many tokens had stagnated in the past few months, the increases they experienced set the scene for a massive year ahead. Cardano is one of them. Its price has risen significantly since 2025 and many believe that a 2 dollar price is on the horizon.
Cardano is up more than 27% in just the last week, says CoinMarketCap. It is up only 1.5% over the past 24 hours but that is more than enough to keep it above $1.10. Its positive momentum continues the price rise of 108% that it had in 2024.
ADA to Reach $2 this Year?
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Many analysts have also stated that Cardano’s current price performance will not be the best it can get in this year. Cryptocurrency price prediction platform, CoinCodexThe token is in the minds of many who believe that this year will be one to remember.
The platform predicts that ADA’s price will hit a high in January of $1.48. This is a jump of 34% from its current level. The platform’s expectations for this year are much higher. The platform expects ADA’s price to surpass $2 in February and reach a high of $2.80 per month.
They then note that Cardano could break the $3 barrier as soon as April. It would mark the first time ADA has reached this price since the all-time high of $3.10 in 2021.
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Source: watcher.guru
