Windsor predicts Cardano price as Ethereum surges to $22,000

With VanEck predicting Ethereum to hit a price of $22,000 by 2030, we analyzed how much Cardano (ADA) might be worth in the same year.

VanEck makes bold prediction for Ethereum
Leading asset management firm VanEck recently shocked the crypto community by predicting that the price of Ethereum (ETH) could surge to $22,000 by 2030, six years from now.

VanEck based his prediction on the SEC’s approval of a spot ETF, Ethereum’s latest readings on on-chain data, and the network’s scaling progress. At its current price of $3,687, ETH would have to grow by 496% to reach its expected price of $22,000.

Following the prediction, market participants expected a similar price surge for assets closely correlated to Ethereum. Therefore, The Crypto Basic assessed how much Cardano (ADA) could potentially grow if it followed Ethereum.

Similarities between Ethereum and Cardano
For starters, Cardano and Ethereum share similar characteristics. They serve as decentralized platforms for developers to create and run smart contracts. Cardano was created in 2017 by Charles Hoskinson, one of the eight founders of the Ethereum network.

It’s no secret that the value of most crypto assets, like ADA, is somewhat correlated to the price action of Bitcoin and Ethereum.

Therefore, we analyzed what a unit of ADA will be worth in the next six years when VanEck projects Ethereum to trade at $22,000.

ChatGPT Prediction
If VanEck expects the price of ETH to surge 496% from its current $3,687 to reach $22,000 by 2030, a similar price surge for Cardano would leave ADA worth $2.62 per unit.

Interestingly, ChatGPT, a leading AI chatbot, also predicted that ADA could surge to $2.63 by 2030 if Ethereum reaches the $22,000 price predicted by VanEck.

ChatGtp predicts Cardano at $2.63
Changelly Predictions
However, experts at crypto exchange Changelly predict that by 2030, ADA will trade between $6.06 and $7.04, which is also the case when VanEck expects ETH to trade at $22,000 that year.

Changelly predicts an average price of $6.22 for ADA in the same time frame. To reach this average price, ADA would have to grow 1,313% from its current price. Currently ADA is trading at $0.44 at press time and the daily chart shows a drop of 9.6%.

Telegaon predicts Cardano will reach $8.16 by 2030
Furthermore, well-known crypto prediction platform Telegaon predicts that ADA will reach minimum and maximum targets of $7.78 to $9.08 by 2030. Telegaon’s average price prediction for ADA is $8.16. Notably, ADA would have to surge 1,754% from its current price to reach Telegaon’s average target of $8.16.

It is worth noting that the content of this article is for reference only. It is essential to perform due diligence before making any investment decision. There is no guarantee that ADA will reach its desired goals by 2030. However, Cardano has demonstrated its ability to record significant gains, like in 2021 when its price soared to an all-time high of $3.10.

Disclaimer: This content is for informational purposes only and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinions of The Crypto Basic. Readers are advised to conduct thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.