Key points:
- History of Cardano (ADA)
- ADA in spotlight
- ADA Blockchain Adoption
- How to buy and store Cardano (ADA)
- Prediction about Cardano Price in 2025
- What is going to happen with Cardano price
In this article, we are discussing Cardano (ADA) and the crypto market’s opinions about Cardano’s future in upcoming times.
History of Cardano
Cardano was founded in 2015 by Charles Hoskinson, one of the co-founders of Ethereum, Cardano seeks to address the common issues of scalability, security, and sustainability in the blockchain industry. Biggest attractive point of this network is that this network is designed to be highly scalable and capable of processing thousands of transactions per second.
The native cryptocurrency, ADA, is a very important part of the network, facilitating transactions and participating in the proof-of-stake consensus mechanism. As Cardano continues to evolve, it remains an important player in the broader cryptocurrency market, offering a strong and flexible platform for creating new ideas.
The cryptocurrency Cardano (ADA) started the new year with a slow decline from a local maximum set in December 2024 near $1.30.
At the time of the author writing this review, Cardano is trading at $0.7458. Traders and investors are closely monitoring the situation of Cardano price, in relation to significant technical indicators, such as the 200-day Simple Moving Average, to assess market trends and make informed trading decisions.
Many coins in the Cryptocurrency world failed to reach an absolute value and Cardano is one of them. Despite this, Bitcoin’s active growth and numerous positive events in the crypto industry gave strength to price. On September 2, 2021, Cardano peak value was recorded at $3.10. But currently the price of ADA is 75 percent less than its peak.
While in the opinion of experts, predictions and market trends provide insights, it is important to note that past performance does not guarantee good results in the future. Investors should consider various factors before making investment decisions.
Project News
In the start of the new year in January 2025, Cardano comes in the spotlight of investors due to several news items:
Fineqia AG is a subsidiary of Fineqia International. On January 24, this new product, introduced on the Vienna Stock Exchange, allows investors to earn income from DeFi protocols regardless of ADA price ups and downs. Launched the world’s first exchange-traded note with returns based on Cardano assets.
The ETN new idea is part of a growing crypto-ETN market in Europe, which already features over 220 such products with a total capitalization of $216 billion.
Fineqia collaborates with FTSE Russell, a subsidiary of the London Stock Exchange, to manage the product index. This ETN aligns with trends in the wider market, reflecting the increasing integration of cryptocurrencies into traditional financial products.
At the same time, the Cardano ecosystem continues to promote decentralized governance ideas. The Plomin hard fork aimed at enhancing community involvement in decision-making, approved by the Cardano Foundation.
The update follows the Chang hard fork and aims to strengthen the decentralized nature of the Cardano ecosystem. Support for Plomin has been expressed by six out of seven organizations, including Input Output Global and EMURGO, etc, organisations are involved.
Cardano Continues To Integrate Blockchain Technology Into Global Projects
Petrobras, the Brazilian oil and gas company, uses blockchain technology to enhance transparency in its operations and reduce its carbon footprint. Petrobras partnership with the Cardano Foundation, Petrobras provided employees access to educational materials through the issuance of 500 NFTs, for example, public blockchain use in corporate settings.
In January 2025, the Petrobras organization decided to enter the World of mining market, which again attracted attention to Petrobras’ partnership with Cardano. Such new ideas show Cardano’s expanding influence beyond the crypto industry and solidify its position as a universal platform for innovation.
Market Opinion and Position
Some analysts and investors are hoping for the price increase, predicting significant growth and new heights for ADA, while other analysts and investors remain more conservative in their price predictions. Thus we can say that current market opinion for Cardano price is a mix of optimism and caution.
Despite all of these, Cardano maintains a strong Position in the Cryptocurrency world, Cardano ranking among the 10 cryptocurrencies by Market cap. Cardano Market cap exceeded 10 billion dollars. Cardano has a strong community of its supporters and developers. Cardano availability on major exchanges is another reason for its strong market position. As Cardano continues to develop and integrate new technologies, its market opinion and position will likely develop, influenced by both internal advancements and external market conditions.
Buying and Storing Cardano
Buying and storing Cardano is a simple process, but it requires careful consideration and diligence. Here are the steps to follow:
- Choose a Reputable Cryptocurrency Exchange: Select a well-known exchange that lists Cardano, such as Binance, Coinbase, or Kraken, etc, are some reputable Cryptocurrency exchanges.
- Create an Account: Sign up for an account on your chosen exchange and complete the necessary verification process, and you are ready to use your account for crypto trading.
- Deposit Funds: Add funds to your exchange account using your preferred payment method like UPI, card, etc
- Buy Cardano: Use the deposited funds to buy Cardano at the current market price.
- Store Your Cardano: After buying, store your Cardano in a secure cryptocurrency wallet. Options include hardware wallets for enhanced security or software wallets for convenience.
It’s important to always remember that investment in the Cryptocurrency Market is subject to market risk. Always do your own research before investing.
ADA Price Prediction 2025
Many analysts and investors in the crypto community believe that Cardano has further growth possibilities ahead, with various expert predictions contributing to the Cardano price prediction.
According to Crypto blogger @TheMoonCarl, that February will be extremely positive for Cardano, predicting that during this month, Cardano cryptocurrency could cross the $1.74 Mark.
Crypto investor CoinsKid also hopes for fast growth for Cardano in February, an opinion echoed by crypto analyst Giray, who believes that the cryptocurrency is preparing to update its local maximum next month.
The most favorable forecasts suggest that Cardano may reach an absolute maximum price in the first half of 2025. Analysts also discuss the average price of Cardano in future years, providing a well-informed perspective on its potential value.
Cardano price has experienced many historical price ups and downs, future forecasts continue to evolve based on market trends and technological developments.
