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Will Cardano Skyrocket to $100 Amid XRP’s Media Frenzy? Discover the Potential!
As news surrounding ETF approvals fuels market excitement, tokens like XRP are making waves in headlines. However, Cardano’s price action is also gathering interest as the crypto market slowly recovers from bearish trends. Recent insights from Changelly, a prominent crypto exchange, suggest that Cardano is on the verge of a significant breakout. The pressing question now is whether this cryptocurrency can gather enough momentum to reach the ambitious $100 milestone.
Why A $100 Cardano Price Remains A Distant Goal
Cardano’s price trajectory has sparked considerable interest recently, with analysts from Changelly working to forecast its next significant move. Despite being relatively low-priced compared to altcoin competitors like XRP, projections indicate that ADA may only achieve modest gains in the near term, with a potential surge above $100 not expected until 2040.
Changelly’s forecasts for 2025 suggest a trading range for ADA between $0.77 and $0.97, with an average price stabilizing around $1.17. These figures highlight a gradual upward trend yet remain significantly below the speculative $100 mark. Further breaking this down, experts predict that in September 2025, ADA could range from $0.891 to $0.924, averaging close to $0.908.
Looking ahead to October 2025, expectations widen slightly, with potential fluctuations between $0.88 and $1.17. November’s outlook projects the Cardano price in the $0.77 to $1.05 range, averaging around $0.91, while December 2025 estimates suggest values between $0.807 and $0.87. Collectively, these forecasts indicate that ADA is likely to continue strengthening its price floor, showing realistic incremental growth rather than explosive parabolic moves. Thus, the prospect of a $100 Cardano price remains improbable in the near or mid-term future.
Nonetheless, Changelly offers a long-term perspective, forecasting that ADA could exceed the $100 target, potentially reaching $116.83 by February 2040, with a maximum price projected at $132.72 for that month.
Cardano’s Price Action and Market Sentiment
While Changelly’s technical analysis sheds light on short-term price movements, Cardano’s long-term narrative is deeply rooted in its fundamentals. Currently, the cryptocurrency trades around $0.91, boasting a circulating supply of over 35.7 billion ADA, resulting in a market capitalization of approximately $32 billion.
ADA has demonstrated steady momentum, climbing 1.48% in the last week and nearly 6% over the past month. According to Changelly, this growth signifies that Cardano maintains a solid market presence, reinforcing its potential for an upcoming breakout. Although the cryptocurrency experienced a minor dip of over $0.01 in the past 24 hours, recent trading activity has shown a notably bullish trend.
While Cardano’s robust fundamentals bolster its expanding ecosystem and steady price recovery, the vast circulating supply complicates a potential rise to the $100 threshold. Achieving this level would necessitate a market cap far exceeding Bitcoin’s peak value. Despite these challenges, Changelly highlights ADA’s recent performance as a sign of promise, suggesting that the current price level could represent a favorable buying opportunity for investors.
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In conclusion, while Cardano’s path to $100 appears challenging in the near future, its fundamental strengths and market positioning suggest it could still be a valuable asset for long-term investors.
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