Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
sidebarIcon
Cardano price

Cardano PriceADA

Listed
focusIcon
subscribe
Buy
$0.7688USD
-6.55%1D
The price of 1 Cardano (ADA) in is valued at $0.7688 USD as of 13:47 (UTC) today.
Price Chart
TradingView
Market cap
Cardano price chart (ADA/USD)
Last updated as of 2025-05-15 13:47:04(UTC+0)
Market cap:$27,155,096,265.8
Fully diluted market cap:$27,155,096,265.8
Volume (24h):$1,033,815,053.52
24h volume / market cap:3.80%
24h high:$0.8244
24h low:$0.7624
All-time high:$3.1
All-time low:$0.01736
Circulating supply:35,320,107,000 ADA
Total supply:
44,994,491,863.18ADA
Circulation rate:78.00%
Max supply:
--ADA
Price in BTC:0.{5}7511 BTC
Price in ETH:0.0003012 ETH
Price at BTC market cap:
Price at ETH market cap:
Contracts:
0x3ee2...d435d47(BNB Smart Chain (BEP20))
Moremore
Links:

Do you think the price of Cardano will rise or fall today?

Total votes:
Rise
0
Fall
0
Voting data updates every 24 hours. It reflects community predictions on Cardano's price trend and should not be considered investment advice.

About Cardano (ADA)

What Is Cardano?

Cardano (ADA) is the third-generation blockchain that utilizes Proof-of-Stake (PoS) consensus mechanism. Introduced in 2015 by Ethereum co-founder Charles Hoskinson, the project is the product of extensive experimentation and scientific theory. Cardano is unique in the sense that it's the first blockchain project to be developed from a scientific philosophy, built by a team of expert engineers and academics from all over the world. Cardano aims to achieve the most balanced and sustainable ecosystem that will enhance society’s interaction with digital assets.

Following a tremendously successful Initial Coin Offering (ICO) in 2015, the Cardano mainnet was launched two years later. As of now, Cardano supports an array of use cases and applications, including smart contracts, decentralized finance (DeFi), the Internet of Things (IoT), and non-fungible tokens (NFTs). As of July 2023, it holds the 14th position among global blockchains in terms of Total Value Locked. Cardano is also recognized for its pioneering research-oriented approach. It has made significant contributions to the academic world, publishing numerous peer-reviewed papers and collaborating with top universities for blockchain-related education and research.

The development of Cardano is systematically segmented into five primary stages in its roadmap. The first stage, Byron, served as the foundation of the project, marking the official launch of Cardano's mainnet, along with two wallets and a Block Explorer. The next stage, Shelley, focused on decentralization. It enhanced the staking operation, refined delegation preferences, and offered greater incentives for users. Following Shelley, the Goguen phase was introduced, which aimed to enable everyone to build decentralized applications (dApps) and generate their own tokens. The upcoming phase, Basho, is set to enhance scalability and interoperability by optimizing the underlying performance of the network. The final stage, Voltaire, will empower the community to have a voice in Cardano’s future development through decentralized voting mechanisms.

Resources

Whitepaper: https://docs.cardano.org/introduction/

Official website: https://cardano.org/

How Does Cardano Work?

The Two-Layer Architecture

At the heart of Cardano's functionality is its unique two-layer architecture, designed to separate the ledger of account values from the reason why values are moved from one account to the other. This structure comprises the Cardano Settlement Layer (CSL) and the Cardano Computation Layer (CCL).

The CSL handles ADA transactions and ensures that they are secure, quick, and direct. The CCL, on the other hand, is responsible for the computational part. It handles the execution of smart contracts and houses decentralized applications (dApps). This bifurcation ensures that changes made to the smart contract execution policies do not interfere with the performance of the underlying blockchain.

Proof of Stake

Cardano employs a unique proof-of-stake (PoS) consensus algorithm known as the Ouroboros protocol. Unlike the proof-of-work (PoW) system used in platforms like Bitcoin, which requires massive amounts of energy, PoS is a far more sustainable and efficient alternative. In the Ouroboros system, 'stake pools' or validators are selected to create new blocks based on the number of ADA tokens they hold and are willing to 'stake' as collateral.

Cardano's Governance Model

The way decisions are made on Cardano is also distinct. Project Catalyst, Cardano's innovative governance model, allows ADA holders to propose and vote on changes to the platform. This level of direct involvement promotes transparency, inclusivity, and the long-term sustainability of the blockchain platform.

What is ADA?

The native cryptocurrency of Cardano is ADA, named after Ada Lovelace, a 19th-century mathematician often credited as the first computer programmer. ADA is used for transaction fees to prevent network spam, stake in the network as part of the PoS consensus mechanism, and eventually, to vote on protocol changes in Cardano's on-chain governance.

Cardano's Vasil Hard Fork Upgrade

The most recent upgrade, Cardano's Vasil Hard Fork Upgrade, was completed on September 22, 2022. It introduced a major upgrade to Cardano's smart contract language, Plutus v2. This upgrade aims to boost the scalability of Cardano's decentralized applications, reduce transaction costs, and increase transaction speed. The Vasil upgrade could prove beneficial for DApp developers and stimulate growth in the broader crypto ecosystem. However, despite these improvements, Cardano still faces stiff competition from faster-developing blockchain platforms. To secure its position, Cardano must accelerate its pace while maintaining high-quality outputs.

What Determines ADA's Price

Understanding the factors that influence the ADA price is crucial for both investors and enthusiasts in the cryptocurrency market. The Cardano ADA price today is shaped by a myriad of elements, ranging from technological advancements to market sentiment.

Cardano's Unique Technology and its Impact on ADA Coin Price

Cardano's unique proof-of-stake consensus mechanism, Ouroboros, sets it apart from energy-intensive proof-of-work systems. This contributes to its overall value and, consequently, to the Cardano market cap. The platform's smart contract capabilities make it a fertile ground for decentralized applications (dApps), further driving the ADA coin price.

Compliance and Partnerships: The Cornerstones for ADA Price Prediction 2023 and 2024

Additionally, Cardano's compliance with evolving regulatory landscapes and its strategic partnerships can positively affect its future price, making ADA price prediction 2023 and 2024 a topic of keen interest.

The Role of Market Sentiment in Current ADA Price

Market sentiment plays a pivotal role in determining the current ADA price. Positive news, such as successful project milestones or key partnerships, can boost investor confidence, leading to an upward trend in the ADA trading price. Conversely, negative news can impact the ADA price chart and ADA price history.

How Community Support Influences ADA Price Live

The ADA price live is also influenced by community support, which is a testament to Cardano's decentralized nature. Community-driven initiatives can contribute to Cardano's success and, by extension, its value, making ADA to USD conversions more favorable for investors.

Technical Indicators and ADA Price Forecast

Technical indicators, such as the ADA price chart and ADA price USD, offer insights into market dynamics. The ADA price forecast can be influenced by trading volumes, market capitalization, and price movements. Tools like sentiment analysis and social media mentions provide valuable data for Cardano price analysis.

Industry Trends and their Impact on ADA Crypto Price

Moreover, broader industry trends, such as the adoption of blockchain technology and cryptocurrencies by governments and institutions, can significantly impact the ADA crypto price.

Whether you're looking to buy Cardano ADA or are interested in ADA price predictions, understanding these factors can offer a more comprehensive view of Cardano's financial landscape. By keeping an eye on these variables, investors can make more informed decisions, whether they're looking at the ADA price live for short-term gains or are interested in Cardano ADA future price for long-term investments.

Conclusion

Cardano offers a compelling vision of a blockchain platform that is secure, sustainable, and governed by its community. With its unique two-layer architecture, Ouroboros protocol, and a strong commitment to research and peer-review, Cardano stands at the forefront of the next generation of blockchain platforms. As it moves forward on its development roadmap, Cardano continues to capture global attention, driving the digital finance revolution one block at a time..

Related Articles about Cardano

Cardano (ADA) Introduction

Cardano (ADA) Vs. Algorand (ALGO): How Do They Differ?

What Is Cardano's Vasil Hard Fork Upgrade?

AI analysis report on Cardano

Today's crypto market highlightsView report
Today's Cardano price performance summaryView report
Cardano project analysis reportView report

Live Cardano Price Today in USD

The live Cardano price today is $0.7688 USD, with a current market cap of $27.16B. The Cardano price is down by 6.55% in the last 24 hours, and the 24-hour trading volume is $1.03B. The ADA/USD (Cardano to USD) conversion rate is updated in real time.
How much is 1 Cardano worth in ?
As of now, the price of 1 Cardano (ADA) in is valued at $0.7688 USD. You can buy 1 ADA for $0.7688, or 13.006805417115892 ADA for $10 now. In the past 24 hours, the highest ADA to USD price was $0.8244 USD, and the lowest ADA to USD price was $0.7624 USD.

Cardano Price History (USD)

The price of Cardano is +72.11% over the last year. The highest price of ADA in USD in the last year was $1.32 and the lowest price of ADA in USD in the last year was $0.2799.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-6.55%$0.7624$0.8244
7d+6.79%$0.7560$0.8609
30d+20.60%$0.5974$0.8609
90d-4.56%$0.5163$1.13
1y+72.11%$0.2799$1.32
All-time+3447.42%$0.01736(2017-10-01, 7 years ago )$3.1(2021-09-02, 3 years ago )
Cardano price historical data (all time).

What is the highest price of Cardano?

The all-time high (ATH) price of Cardano in USD was $3.1, recorded on 2021-09-02. Compared to the Cardano ATH, the current price of Cardano is down by 75.20%.

What is the lowest price of Cardano?

The all-time low (ATL) price of Cardano in USD was $0.01736, recorded on 2017-10-01. Compared to the Cardano ATL, the current price of Cardano is up by 4329.71%.

Cardano Price Prediction

When is a good time to buy ADA? Should I buy or sell ADA now?

When deciding whether to buy or sell ADA, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget ADA technical analysis can provide you with a reference for trading.
According to the ADA 4h technical analysis, the trading signal is Sell.
According to the ADA 1d technical analysis, the trading signal is Buy.
According to the ADA 1w technical analysis, the trading signal is Buy.

What will the price of ADA be in 2026?

Based on ADA's historical price performance prediction model, the price of ADA is projected to reach $0.7420 in 2026.

What will the price of ADA be in 2031?

In 2031, the ADA price is expected to change by +11.00%. By the end of 2031, the ADA price is projected to reach $1.43, with a cumulative ROI of +78.23%.

Hot promotions

FAQ

What factors influence the price of Cardano?

The price of Cardano is influenced by a variety of factors including market sentiment, developments and updates in the Cardano blockchain, partnerships, regulatory news, macroeconomic factors, and overall trends in the cryptocurrency market.

Is Cardano a good investment for the long term?

Cardano is considered a promising project due to its strong development team and innovative technology. However, like any investment, it carries risks and should be researched thoroughly. Diversification and risk management are essential when considering Cardano for long-term investment.

What are the differences between Cardano and Ethereum?

Cardano and Ethereum are both smart contract platforms, but Cardano emphasizes a scientifically driven, peer-reviewed approach to development. Cardano also uses the Ouroboros proof-of-stake consensus protocol, which aims to be more energy-efficient compared to Ethereum's previous proof-of-work protocol, though Ethereum has transitioned to proof-of-stake with Ethereum 2.0.

Where can I buy Cardano?

You can buy Cardano on many cryptocurrency exchanges, including Bitget Exchange. It is important to use a reputable exchange and ensure your account is secure.

How can I store my Cardano coins securely?

Cardano coins can be stored securely using a Cardano-supported wallet. Hardware wallets like Ledger and Trezor offer enhanced security. The Daedalus wallet, developed by Cardano, is another option. Always remember to keep your private keys secure.

What upcoming developments might affect Cardano's price?

Upcoming developments such as network upgrades, new partnership announcements, and ecosystem expansion can impact Cardano's price. Keeping an eye on updates through Cardano's official channels and community discussions is advisable.

How does Cardano's proof-of-stake mechanism work?

Cardano's proof-of-stake mechanism, called Ouroboros, allows validators to create new blocks and confirm transactions based on the number of coins they hold and are willing to 'stake' as collateral. This process is designed to be energy-efficient and secure.

Can Cardano scale effectively for mass adoption?

Cardano employs a layered architecture to improve scalability and efficiency. Innovations such as Hydra, a Layer 2 scaling solution, are designed to facilitate high throughput and efficiency for mass adoption while maintaining security and decentralization.

What is the current market sentiment around Cardano?

Market sentiment around Cardano can vary, and it is influenced by recent developments, news, and macroeconomic factors. Monitoring social media, news outlets, and market analysis platforms can provide insights into the current sentiment.

How does regulatory news impact Cardano's price?

Regulatory news can have a significant impact on Cardano's price as it affects market confidence and investor sentiment. Positive regulatory developments might boost the price, while negative news can lead to sell-offs and volatility.

How does staking influence Cardano's price?

Staking allows ADA holders to participate in the network by keeping their tokens locked up to earn rewards. This can reduce the circulating supply of ADA since staked tokens are not readily available for trading. Reduced circulating supply, if accompanied by sustained or increasing demand, can exert upward pressure on the price. However, other market factors also play a role in determining the price.

Can I mine Cardano (ADA)?

No, you cannot mine Cardano (ADA) in the traditional sense. Cardano uses a proof-of-stake (PoS) consensus mechanism called Ouroboros, which doesn't require the energy-intensive mining process associated with proof-of-work (PoW) systems like Bitcoin. Instead of mining, ADA holders can "stake" their coins to participate in the network and earn rewards.

Is Cardano a good investment?

As of August 2023, Cardano (ADA) firmly stands among the top 10 cryptocurrencies, indicating significant investor trust. Its high liquidity, especially on Bitget, highlights its market prominence. Experts believe Cardano could challenge Ethereum's dominance due to its security and its unique approach to scalability, sustainability, and interoperability. However, like all investments, there are risks involved, and it's essential to do thorough research and possibly consult with financial advisors before making any investment decisions.

How does market speculation impact the price of Cardano (ADA)?

Like other cryptocurrencies, ADA is subject to market speculation. When traders and investors make buying or selling decisions based on expectations of future price movements rather than the underlying fundamentals, this can lead to volatile price swings. Speculative bubbles can drive prices up rapidly, but they can also result in sharp corrections when market sentiments change.

Will Cardano (ADA) reach US$100?

Cardano's future price is a topic of debate among experts. While it boasts strong support and backing from various entities, challenges like its dependence on its native token could pose hurdles. If Cardano reaches US$100 per ADA, its market capitalization needs to hit US$3.6 trillion. This would not only surpass Ethereum's peak market cap by about six times but would also exceed the market caps of global giants like Apple and Microsoft as of 2023. Given the current data as of August 2023, market conditions, and comparisons to other cryptocurrencies, the consensus is that Cardano reaching US$100 in the near future is a long shot.

What is the history of Cardano's price?

Since its mainnet launch in 2017, Cardano has seen varied price points. It faced a downturn post-launch but managed to survive the 2018-2019 bear market. A significant rally in 2021 took it to its all-time high of $3.10, equating to a market cap of around $95 billion. This growth was influenced by Cardano's advancements, like the introduction of smart contracts, and its adoption in sectors like DeFi and NFTs. However, like all cryptocurrencies, its price has been subject to market trends and competitive dynamics.

What is the current price of Cardano?

The live price of Cardano is $0.77 per (ADA/USD) with a current market cap of $27,155,096,265.8 USD. Cardano's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Cardano's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Cardano?

Over the last 24 hours, the trading volume of Cardano is $1.03B.

What is the all-time high of Cardano?

The all-time high of Cardano is $3.1. This all-time high is highest price for Cardano since it was launched.

Can I buy Cardano on Bitget?

Yes, Cardano is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy cardano guide.

Can I get a steady income from investing in Cardano?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Cardano with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Cardano Market

  • #
  • Pair
  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • ADA/USDT
  • Spot
  • 0.7598
  • $27.25M
  • Trade
  • 2
  • ADA/USDC
  • Spot
  • 0.7599
  • $689.46K
  • Trade
  • 3
  • ADA/EUR
  • Spot
  • 0.6792
  • $61.97K
  • Trade
  • View the Cardano futures trading guide for more insights on futures and related data.

    Cardano holdings by concentration

    Whales
    Investors
    Retail

    Cardano addresses by time held

    Holders
    Cruisers
    Traders
    Live coinInfo.name (12) price chart
    loading

    Cardano Social Data

    In the last 24 hours, the social media sentiment score for Cardano was 3.1, and the social media sentiment towards Cardano price trend was Bullish. The overall Cardano social media score was 28,323,997, which ranks 16 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Cardano being mentioned with a frequency ratio of 1.44%, ranking 8 among all cryptocurrencies.

    In the last 24 hours, there were a total of 21,444 unique users discussing Cardano, with a total of Cardano mentions of 15,197. However, compared to the previous 24-hour period, the number of unique users increase by 8%, and the total number of mentions has increase by 63%.

    On Twitter, there were a total of 1082 tweets mentioning Cardano in the last 24 hours. Among them, 16% are bullish on Cardano, 5% are bearish on Cardano, and 79% are neutral on Cardano.

    On Reddit, there were 411 posts mentioning Cardano in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 4% .

    All social overview

    Average sentiment (24h)
    3.1
    Social media score (24h)
    28.32M(#16)
    Social contributors (24h)
    21.44K
    +8%
    Social media mentions (24h)
    15.20K(#8)
    +63%
    Social media dominance (24h)
    1.44%
    X
    X posts (24h)
    1.08K
    +1867%
    X sentiment (24h)
    Bullish
    16%
    Neutral
    79%
    Bearish
    5%
    Reddit
    Reddit score (24h)
    1150
    Reddit posts (24h)
    411
    -4%
    Reddit comments (24h)
    0
    0%

    How to buy Cardano(ADA)

    Create Your Free Bitget Account

    Create Your Free Bitget Account

    Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
    Verify Your Account

    Verify Your Account

    Verify your identity by entering your personal information and uploading a valid photo ID.
    Convert ADA to USD

    Convert ADA to USD

    Choose from cryptocurrencies to trade on Bitget.

    Where can I buy Cardano (ADA)?

    Buy crypto on the Bitget app
    Sign up within minutes to purchase crypto via credit card or bank transfer.
    Download Bitget APP on Google PlayDownload Bitget APP on AppStore
    Trade on Bitget
    Deposit your cryptocurrencies to Bitget and enjoy high liquidity and low trading fees.

    Video section — quick verification, quick trading

    play cover
    How to complete identity verification on Bitget and protect yourself from fraud
    1. Log in to your Bitget account.
    2. If you're new to Bitget, watch our tutorial on how to create an account.
    3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
    4. Choose your issuing country or region and ID type, and follow the instructions.
    5. Select “Mobile Verification” or “PC” based on your preference.
    6. Enter your details, submit a copy of your ID, and take a selfie.
    7. Submit your application, and voila, you've completed identity verification!
    Cryptocurrency investments, including buying Cardano online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Cardano, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Cardano purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

    ADA to USD converter

    ADA
    USD
    1 ADA = 0.7688 USD. The current price of converting 1 Cardano (ADA) to USD is 0.7688. Rate is for reference only. Updated just now.
    Bitget offers the lowest transaction fees among all major trading platforms. The higher your VIP level, the more favorable the rates.

    Cardano ratings

    Average ratings from the community
    4.5
    108 ratings
    This content is for informational purposes only.

    Bitget Insights

    Weedop
    Weedop
    2h
    Why Crypto Market is Down Today? Altcoins Crash After Massive Profit-Taking $SOL$DOGE $ADA Major altcoins like Dogecoin, Cardano, and Solana have dropped over 5% in the past 24 hours as investors chose to lock in recent gains. The broader sentiment remains cautious as traders await fresh catalysts.   Profit-Taking Hits Major Altcoins The latest dip in …
    DOGE-4.50%
    MAJOR-8.15%
    SadikBaba
    SadikBaba
    3h
    Why is crypto dipping today May 15 2025
    $BTC and $ETH are both in red today and the whole crypto market is feeling the heat Here’s what’s happening behind the scenes $BTC is down to around $101761 after recently crossing $105000 $ETH has dropped over 3 to $2585 This dip is not random It’s a mix of market correction profit taking and macro pressure Many traders who bought in earlier are now locking in profits This happens after strong rallies like we saw in early May That’s normal for markets but it’s triggering a wave of long liquidations Over $700M in long positions were wiped out as $BTC dropped That kind of pressure shakes confidence and leads to more selloffs Another issue is volume Trading volume across the board has fallen over 19 That signals fewer buyers and more caution in the market It’s not just $BTC and $ETH feeling it either $SOL is down over 4 to $174 $ADA is down 4 to $079 $XRP is down over 2 to $247 One big reason behind this caution is the US Producer Price Index PPI data dropping soon plus comments expected from Fed Chair Powell These can move inflation expectations and monetary policy If the Fed stays hawkish markets could react badly Risk assets like crypto are especially sensitive to interest rate signals Retail and whales are watching this week’s data closely That’s why we’re seeing sideways action and sharp dips across the board Everyone is cautious waiting for clarity Is this the end of the bull run Probably not Many analysts see this as a healthy correction A pullback like this helps reset the market cool off leverage and shake weak hands before the next push If you’ve been in the game long enough you know this is part of the ride Strong narratives like $ETH ETF approval rumors institutional interest in $BTC and Layer 1 competition with $SOL $SUI and $TON are still alive This is not the time to panic This is the time to watch support levels stack ammo and keep an eye on macro data
    BTC-1.34%
    MOVE-8.66%
    ₵ryptoXpert
    ₵ryptoXpert
    3h
    Cardano (ADA) Ready to Break Out – Key Levels in Play!
    Hey Traders! Cardano is back at the spotlight, and this time, the setup looks even stronger! After testing key support zones,$ADA is holding above the crucial $0.775 level. The market is coiled tight,and the breakout could come any moment. Are you ready for the move? 📊 Key Levels to Watch: 📍 Immediate Support: $0.775 – Holding strong. 📍 Short-Term Resistance: $0.8368 – Expect a test soon! 🚀 Breakout Target: $1.1930 – First major target on the breakout path. 🎯 Secondary Targets: $1.4757 and $1.8937 – Next zones of resistance if momentum builds. 🏆 Ultimate Bull Target: $3.65 – The long-term upper trendline from the all-time high! 📚 Historical Pattern: Remember late 2020?$ADA compressed for months before exploding upward. The current price action is forming a very similar pattern, and the breakout trajectory is clearly mapped on the chart. 🛠️ Action Plan: As long as we stay above $0.775,the bias remains bullish. A breakout above $0.8368 could ignite the next leg towards $1.1930 and beyond. With stock markets pumping and crypto lagging slightly—this might be the perfect moment to position for $ADA ’s next big move! 💬 What’s Your Play? Are you already loading up on ADA, or waiting for the final confirmation breakout? Let’s hear your plans and favorite targets for this run!
    MOVE-8.66%
    MAJOR-8.15%
    Coinedition
    Coinedition
    7h
    Here’s the Odds of XRP Surpassing $3.50 by End of May, According to Polymarket
    While XRP is consistently trading above $2.50, market commentators are speculating how high it could climb by the end of this month. On Polymarket, a decentralized prediction market, traders have weighed in on XRP’s potential to reach $3.50. Notably, traders give the token just a 5% chance of hitting that level. The odds reflect skepticism despite recent developments in the XRP ecosystem. Meanwhile, XRP has performed impressively in recent weeks. The token has surged by 3.4% in the past day, bringing its monthly gain to 22.4%. However, Polymarket traders remain doubtful that XRP will reach a new all-time high by the end of May, with 63% predicting it will stay at $2.80. Despite Polymarket traders’ skepticism, prominent crypto analysts remain confident about XRP’s potential for a breakout. Crypto founder Vandell Aljarrah recently recalled predicting the token’s rise from $0.45 to nearly $2 late last year and a subsequent surge to $3.39 in January. Related: ETH Tests Trendline; XRP Risk Score Low for $5-$8 Rally, ADA Eyes $1.15 Break Now, he forecasts another rally past $3.40, an increase of 31.7% from current levels. Aljarrah claims data supports his projection, though he hasn’t shared specific indicators. Separately, trader Crypto Michael echoed this outlook. He pointed to a structural breakout from a long-term bull pennant and predicted a second parabolic rally toward $3 and beyond. Recalling his accurate call on XRP’s breakout from the $0.50 level, Michael warned that those doubting his current prediction do so at their own risk. Meanwhile, the world’s leading derivatives exchange, CME Group, has announced it will launch XRP futures contracts on May 19. The move follows CME’s introduction of Solana futures earlier this year. The CME product adds to a growing list of regulated XRP futures in the U.S. In March, Bitnomial launched the country’s first CFTC-approved XRP futures. Coinbase followed with its own XRP futures contracts in April. Related: Crypto Whale Sells XRP, ETH for $7.5M Profit, Still Bullish on Solana In addition to futures products, 11 asset managers, including Franklin Templeton and Grayscale, have filed for spot XRP ETFs. Though the SEC has approved multiple leveraged XRP ETFs, no spot ETFs have yet been greenlit. Bloomberg analyst James Seyffart notes that the final SEC decision deadline for the current round of applications is October. Despite growing institutional interest, Polymarket traders remain cautious about XRP’s potential. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
    ETH-2.98%
    MOVE-8.66%
    ABDULGHAYOOR
    ABDULGHAYOOR
    9h
    Mira NETWORK Referral code-( ghayoor001) With a limited supply of 250 million tokens only, don't regret missing $PI network start mining on MIRA NETWORK app available on play store, and get your first coin for free using my referral code, ghayoor001 $BTC $DOGE $ETH $XRP $BCH $RED $PI $SUNDOG $BTC $DOGE $BGB $BNB $CEC $LTC $QTUM $USDC $ADA $ETH $HIPPO $BABY $PROMPT $ADA $USDC $ONDO $KERNEL $XRP
    SUNDOG-8.76%
    RED-4.54%