Analysis suggests early investors could potentially achieve substantial returns if Cardano surpasses Ethereum in global cryptocurrency rankings. The calculation provides perspective on portfolio values under this scenario.
The ongoing market downturn has continued affecting Cardano’s price performance. According to CoinMarketCap data, ADA has dropped, closely followed by Dogecoin with a loss. This downturn has kept Cardano at the 10th position for over a month.
Many investors view Cardano’s recent price decline as an opportunity to accumulate tokens at lower prices. At the current price of $0.6104, investors can acquire 10,000 tokens for $6,104. This same purchase would have cost approximately $8,910 when ADA traded around $0.891 several weeks ago, or roughly $13,200 when the token was priced at $1.32 in December 2024.
The market capitalization difference between Cardano and Ethereum remains substantial. While Ethereum holds a valuation of $465.43 billion, Cardano’s market cap stands at approximately $21.89 billion. This indicates ETH’s valuation is 21.26 times larger than ADA’s at present.
To overtake Ethereum, Cardano must reach a valuation of $470 billion, representing a 2,047% increase from its current market cap. Given Cardano’s circulating supply of 35.86 billion tokens, this valuation translates to a unit price of $13.1 per ADA.
This implies one ADA would trade at $13.1 if Cardano overtakes Ethereum by reaching a market cap of $470 billion. At this price level, a portfolio containing 10,000 ADA would be valued at $131,000, representing a return of $124,896 on the initial $6,104 investment at current prices.
This projection aligns with a $13 price target shared by a stock analyst behind the BasicTradingTv account on TradingView. The estimate also appeared in earlier analysis examining ADA’s potential valuation if it were to surpass Ethereum by 2030.
However, Changelly forecasts Cardano could reach this $13 target in the second half of 2032, approximately seven years from the present. Even if ADA achieves this milestone, it wouldn’t necessarily mean Cardano would surpass Ethereum in rankings, as ETH is also expected to record price gains over the same period.
