While speaking to Sujal Jethwani, Cardano founder Charles Hoskinson laid out his 2030 prediction for the popular crypto project. According to Hoskinson, ADA’s adoption could surge to over 10 million users by the end of this decade. Let’s discuss if ADA’s price can surge to the $5 mark by 2030, given that the number of users breaches the 8-figure mark.

Will Cardano Hit $5 by 2030?

The cryptocurrency market is expected to grow at an unprecedented rate over the coming years. Many industry experts have predicted that Bitcoin (BTC) could hit the $1 million mark by 2030. BTC rising to $1 million will likely lead to other assets following suit. Cardano (ADA) could easily hit the $5 price level under such circumstances.

Hoskinson notes that the project needs more adoption, TVL (Total Value Locked), transactions, and more DApps built on the Cardano network. These factors are key to a crypto project’s long-term growth. ADA has been one of the most developmentally active blockchains within the crypto industry. These aspects of the Cardano ecosystem are expected to significantly rise by the end of this decade.

According to Telegaon’s ADA estimates, Cardano will go way beyond the $5 mark by 2030. The platform predicts ADA will trade at a potential maximum price of $15.08 in 2030. Hitting $15.08 from current price levels will entail a rally of about 23,462.5%.

Despite the bullish outlook, Cardano (ADA) has struggled to make substantial price movements over the last few years. The asset seems to have fallen victim to the general market bearishness that has loomed over the last few years.

Also Read: How High Can Cardano Price (ADA) Surge This November?

Apart from Cardano, Hoskinson also shed light on how Solana (SOL) has proved to be one of the most durable crypto projects. He anticipates SOL to remain strong over the coming years.