Here’s What 10,000 ADA Will Be Worth if Cardano Flips Ethereum
Cardano investors could see significant profits if its cryptocurrency ADA surpasses Ethereum, requiring a 2,047% rise in market cap to $470 billion and a unit price of $13.1. Despite a recent 6.81% price decline, many view this as a buying opportunity. At current prices, a $6,104 investment in 10,000 ADA could reach $131,000 if this target is met. However, analysts project ADA could achieve a $13 price around 2032, though surpassing Ethereum remains uncertain due to expected growth in ETH's value.
Layer-1
SEC Alleged Securities
Cardano's Potential to Surpass Ethereum
Analysis suggests that early investors could potentially reap substantial gains on their investments if Cardano surpasses Ethereum in global cryptocurrency rankings. However, the ongoing bearish trend in the broader crypto market has weighed heavily on Cardano’s performance.
Recent Performance of Cardano (ADA)
Over the past week, ADA has recorded the steepest decline among the top 10 cryptocurrencies by market capitalization. According to data from CoinMarketCap, ADA has dropped 6.81%, closely followed by Dogecoin, which has a 6.14% loss. This downturn has kept Cardano firmly in the 10th position, a spot it has held for over a month.
Investment Opportunity: Buying ADA at Lower Prices
While many investors have frowned at Cardano’s recent price slump, others see it as an opportunity to buy more ADA at lower prices. For example, at the current price of $0.6104, investors can procure 10,000 tokens for $6,104. A similar amount of ADA would have cost approximately:
- $8,910 when ADA traded around
$0.891 - $13,200 when the token was priced at
$1.32in December 2024.
This reflects a substantial price reduction, making it an attractive entry point for some investors.
Future Value of ADA if It Overtakes Ethereum
The value of a modest investment could rise significantly if ADA surpasses Ethereum, potentially becoming the second-largest cryptocurrency globally. Currently, Ethereum’s market cap is approximately $465.43 billion, while Cardano stands at $21.89 billion. This indicates that Ethereum’s valuation is 21.26 times larger than ADA’s.
To overtake Ethereum, Cardano must:
- Reach a valuation of $470 billion, representing a 2,047% increase from its current market cap.
- With a circulating supply of 35.86 billion tokens, this translates to a unit price of $13.1.
At $13.1, a portfolio of 10,000 ADA would be valued at $131,000, representing an ROI of $124,896.
Projected Timeline for ADA's Growth
This projection aligns with the $13 price target shared by a popular stock analyst behind the BasicTradingTv account on TradingView. Our earlier analysis also estimated ADA's potential valuation if it surpasses Ethereum by 2030.
However, according to Changelly, Cardano could reach $13 in the second half of 2032, approximately seven years from now. Even if ADA achieves this milestone, it wouldn’t necessarily mean surpassing Ethereum, as ETH is also likely to record substantial price gains over the same period.