Carrying what was a rather surprising increase last year, Cardano (ADA) has gotten a 27% jump to start 2025 as the market is now pondering if a $2 price for the cryptocurrency could be imminent. Indeed, the asset has kicked off January situated firmly above the $1 mark, with room to go up.
There is no shortage of big plans in store for ADA this year. Founder Charles Hoskinson’s has not been shy about extensive upgrades in the works that could soon have the crypto competing with some of the biggest assets on the market. For January, the token is looking to prepare for what could be an explosive next twelve months.
Source: News.btc
Also Read: Cardano (ADA), Solana (SOL) & Binance Coin (BNB) Year End Price Paths
Cardano Kicks Off 2025 With Run That Has Crypto Market Believing
It is impossible to argue against 2024 being the most important year in the history of crypto. The asset class saw two crypto-based ETFs approved over the course of the last twelve months, with a host of assets surging in value. Chief among them was Bitcoin, who reached a six-figure price for the first time.
Yet, there were a plethora of tokens that had enjoyed impressive surges in early November. Although many had stagnated during the holidays, their increases set the tone for what could be a mammoth year to come. Among them is Cardano, which has jumped significantly since the start of 2025, and has many believing that a $2 price for ADA is in the cards.
Over the last seven days, Cardano has jumped more than 27%, according to CoinMarketCap. Although it is only up 1.5% in the last 24 hours, that increase is enough to have it firmly above the $1.10 price. Moreover, its positive momentum is a continuation of the 108% price increase it has had throughout 2024.
ADA Looks Bound for $2 This Year: But When?
Source: Reddit
Also Read: Cardano: Can ADA Continue November Surge to $5 in 2025?
Alternatively, many experts have noted that its current price performance is certainly not as good as its going to get for Cardano this year. Cryptocurrency price prediction platform, CoinCodex, is one of many that believe the year could be a record-breaking one for the token.
Specifically, the platform projects ADA will reach a January high of $1.48, a 34% jump from where it is now. However, that pales in comparison to how they expect the year to go. In February, the platform predicts ADA to break through the $2 price point, and settle at a monthly high above $2.80.
Thereafter, they note that Cardano has a chance to break through the $3 mark as early as April. Indeed, it would be the first time ADA reached the price point since its $3.10 all-time high in 2021.
