Cardano, introduced in 2017, drew inspiration from the contributions of the Italian polymath Gerolamo Cardano. In August 2021, Charles Hoskinson, the founder of Cardano, revealed details about the Alonzo hard fork, which led to a significant 116% surge in ADA’s price the following month.
Similarly, the introduction of the Vasil hard fork was highly anticipated by the Cardano team. Despite encountering some challenges, the project was successful.
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As of press time, ADA is trading at $0.731. Recent data indicates a spike in ADA’s value by 1% over the past 24 hours. Considering the positive trend in the broader cryptocurrency market, let us see how high ADA can go this weekend.
ADA Weekend Price Prediction
Various factors, including market conditions, price action, developments, supply, and use cases, will influence whether ADA experiences a price change this weekend.
Drawing insights from ADA’s performance earlier in 2024, cryptocurrency experts at Changelly predict Cardano’s price during the weekend. They anticipate a potential price range with a minimum of $0.694 and a maximum of $0.7220 within this timeframe. Additionally, experts expect ADA to trade at an average price range of $0.650 over the weekend.
Also read: Top 5 Cryptocurrencies That Can Hit New ATH’s This Month
According to the latest CoinGecko data, Cardano is trading at $0.731, reflecting a 1% spike in value over the last 24 hours. Changelly analysts predict ADA to hit $1 by April 2025. However, it could happen sooner if the market conditions turn favorable.
CoinGecko data shows that ADA is up by almost 120% year-to-date. The coin has also increased by 50% in the last 30 days. However, ADA still has a long way to go before hitting its previous all-time high of $3.10, which it hit in September 2021. The latest data shows that ADA boasts a market cap of $25.5 billion.
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