Cardano Could Hit $10, but This Needs to Happen: Prominent Analyst

Cardano is struggling at the moment, but analysts believe it could target double-digit prices if it asserts itself in the crypto market more.

One such analyst sharing this narrative is Zach Humphries, a prominent market analyst and content creator. Speaking in a recent commentary, he highlighted the struggles that Cardano (ADA) has faced recently and what needs to change for a rally to unprecedented prices.

Key Points

• Besides a recent recovery attempt from Cardano, the broader direction has been downward, declining 81.8% from its December 2024 high of $1.32.
• Despite this, Cardano still has strong structural support, holding key demand zones even as it exhibits price weakness.
• When it does recover from this level, ADA could bounce hard, potentially to unprecedented prices.
• However, the question remains whether Cardano would attract the liquidity required to push its price higher, given the strong competition from newer blockchains.
• As such, Cardano needs to “solidify itself” and deliver on a particular use case with massive prospects of real-world adoption.

Cardano Back to 2022 Lows

Aside from a recent recovery attempt from Cardano, the broader direction has been downward. The altcoin has declined 81.8% from its December 2024 high of $1.32 and 76% from its August 2025 high of $1.019.

The downtrend has seen it retest its previous cycle lows. After reaching a local floor of $0.220 on February 6, its lowest price since June 2023, ADA has consolidated around this level, aligning with the late 2022 and 2023 lows.

Humphries views this as a lackluster move, given his expectations for Cardano. While it has come a long way from the lows in its early days, when it traded around a penny, it has not reached the projected price levels, given how long it has been around.

ADA Maintaining Structure

Despite these, the analyst notes that Cardano still has some great structural support. It has remained above a key demand zone, keeping the hopes of a rebound alive. When it does recover from this level, ADA could bounce really hard.

Humphries added that he wants to see the coin between $5 and $10, aligning with analyses from several market analysts, including Dan Gambardello. Both prices mark new all-time highs for Cardano, representing an increase of 1,983% to 4,066% from the current market price.

But Cardano Needs to Do This

However, Humphries questioned whether Cardano would attract the liquidity required to push its price higher. According to him, there are several newer blockchains that pose a threat to the ADA ecosystem’s adoption. As such, the blue-chip network must offer something unique to users to thrive in the current market.

He said Cardano needs to “solidify itself” and deliver on a particular use case with massive prospects of real-world adoption. Considering its perks as a very secure network, Humphries suggested use cases such as using the network for voting in the United States or for uploading users’ birth certificates on chain.

Notably, the Cardano ecosystem is building on expanding its use case, but seems focused on DeFi and real-world asset (RWA) tokenization. Last year, it committed 8-figure ADA tokens to boost stablecoin liquidity and oversaw the minting of the first x402 on Cardano to enhance tokenization.