Cardano (ADA) has faced a substantial price dip over the last year. The asset last traded above the $1 mark in March 2025 and was on a downward trajectory throughout 2025.According to CoinGecko data, ADA’s price has fallen by 3.4% in the last 24 hours, 2.8% in the weekly charts, 8.3% in the 14-day charts, and 7.8% over the previous month. The asset has also crashed by more than 70% since March 2025. Amid the price dip, ADA’s rank has fallen to the 13th spot among the top projects by market cap. In this price prediction article, let’s discuss what’s next for Cardano (ADA).
Cardano (ADA) has been among the most developmentally active cryptocurrency projects since its launch. However, the underlying asset has faced substantial challenges over the last few years. ADA’s price climbed to a peak of $3.09 in September 2021, during the peak of the 2021 bull run. However, the popular cryptocurrency’s price has crashed by more than 91% since its all-time high. Additionally, the market crash of October 2025 added significant sell pressure on Cardano (ADA) investors.
Cardano’s (ADA) price may not see any positive action anytime soon, given the larger bearish market environment. Market participants have taken a risk-off approach with their capital. Macroeconomic factors and geopolitical tensions have added fuel to investor worry. Moreover, there is a liquidity crunch, further barring investors from risky assets, such as Cardano (ADA) and other cryptocurrencies.
Also Read:Cardano: ADA Records $990 Million Trading Volume For 6 Consecutive Days
CoinCodex analysts anticipate Cardano (ADA) to rally over the coming months, but do not expect the asset to hit $1 anytime soon. According to the platform’s price prediction tool, ADA could hit $0.41 on May 10, 2026. Hitting $0.41 from current price levels will entail a rally of about 64%. Hence, buying now could present a good opportunity to make big returns.
Source: Watcher Guru
