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Cardano Price Jumps 38% in Q3, But Whale Threatens to Block Future Upgrades

Published by
Vignesh S G and Qadir AK

The Cardano market is showing strong bullish momentum. Despite recording declines of 21.7% in Q1 and 13.5% in Q2 of 2025, ADA has surged by 38% so far this quarter. However, the community is currently facing internal friction that could cloud this recovery.

Cardano Whale Sparks Controversy with Harsh Criticism

A prominent Cardano investor, known as “Cardano Whale,” recently criticized both the Cardano Foundation and Input Output Global (IOG), the development company behind Cardano. The investor expressed frustration over what he called “years of unfulfilled promises” and warned that he would vote “No” on all upcoming IO proposals.

These IO proposals are critical for the Cardano ecosystem, as they outline key upgrades and changes to the network. With significant voting power, a consistent “No” vote from a major whale could disrupt the platform’s roadmap and slow down development.

Concerns Mount Over Slow Ecosystem Growth

Despite ADA’s recent price gains, concerns about Cardano’s broader ecosystem remain. The Total Value Locked (TVL) on Cardano is just $366 million—much lower than Ethereum’s $81 billion and Solana’s $10 billion.

Cardano has also missed out on popular trends in the crypto space such as meme coins, AI integrations, and DeFi expansions. This cautious approach, while centered on “real-world” use cases and research, has raised questions about its ability to compete with faster-moving chains.

Cardano Foundation Responds

In response to the investor’s remarks, Cardano founder Charles Hoskinson called the criticism “emotional” and not grounded in facts. He pointed out that IO’s spending is modest compared to other crypto projects, and reiterated that the team is focused on long-term development rather than hype cycles.

Cardano Price Prediction

ADA’s 2025 journey has been volatile. January showed early promise with an 11.6% gain, but February’s 32.7% drop wiped out momentum. Q2 followed a similar path, with small gains in April (3.17%) and May (0.62%) being overshadowed by a steep 16.6% decline in June.

This quarter, however, ADA has bounced back, gaining over 37.7% in the last 30 days and 27.4% in the last 14 days. At the time of writing, Cardano trades at $0.8017, with a 24-hour drop of 6.6%, reflecting the broader altcoin market correction.

Cardano’s market cap is now close to $29 billion, and its daily trading volume stands at $2.29 billion. Many analysts believe ADA could reclaim the $1 mark soon, with short-term targets eyeing $1.18 if momentum holds.

FAQs

How high could Cardano go by the end of 2025?

According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.05 in 2025. 

Is Cardano a good investment in 2025?

Cardano is an underrated investment and has a high chance of performing in the next couple of years, considering the plethora of applications.

How much would the price of Cardano be in 2040?

As per our latest ADA price analysis, Cardano could reach a maximum price of $69.33.

How much will the ADA coin price be in 2050?

By 2050, a single Cardano price could go as high as $329.56.

Vignesh S G and Qadir AK

Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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