The following tables show how the price of Cardano (ADA) has changed over time. You may also compare the change in ADA price against other cryptos using the Crypto Compare Tool
The opening price of $ADA in May was $1.35, almost 14% higher than April’s price.
We asked the Cardano Twitter community for some price predictions, and here’s what they said:
@XXIIX36441623 thinks it can get to $3, and @hermetica666 is raising the bet to $6. A $3 closing price would mean a 122% increase, which would leave a $1000 investment at $2220; and $10,000 at $22,200.
On the other hand, a $6 price would represent a 344% growth. This would turn a $1000 investment into $4440; and $10,000 into $44,400.
Let’s check out some recent news from the Cardano team this month:
- Cardano’s new ERC20 converter will allow Ethereum tokens to run on their proof-of-stake blockchain.
- With more companies looking for more environmentally friendly alternatives to Bitcoin, $ADA becomes more appealing thanks to their Proof of Stake protocol support. This allows the Cardano blockchain to operate nodes on a Raspberry Pi, being at least four million times more energy-efficient than proof of work blockchains.