Cardano Needs A 695% Jump To Hit $2 — One Trader Says It’s Possible In Under A Week

Cardano has been stuck below 30 cents for weeks, and its ranking among global cryptocurrencies has slipped to 12th place. Against that backdrop, a trader is now arguing the coin could still reach $2 — and sooner than most people think.

The Math Behind The Claim

The argument comes from Yesreel, a crypto trader with six years of experience, who posted the projection on social media.

Based on his analysis, ADA would only need to string together five to six days of 40–50% daily gains to close the gap between its current price and the $2 target. At roughly $0.25 right now, that gap works out to about 695%.

The calculation itself holds up. Compounding works fast when daily percentage gains are that large. A 40% jump per day for six straight days gets ADA to $2. A 50% daily gain does the same in five. The math is real. Whether those gains can happen is a different question.

Yesreel says history gives reason to believe they can. Cardano hit an all-time high of $3.10 back in 2021, and it got there fast. Between August 2 and September 2 of that year, the token climbed from $1.32 to that peak — a gain of 134% in a single month.

More recently, following the US presidential election in November 2024, ADA surged over 160% in just 15 days, jumping from around 32 cents on November 5 to 84 cents by November 20.

Past Rallies Give Bulls Something To Point To

Those two episodes are the backbone of the bullish case. Both showed that Cardano can move sharply and quickly when market conditions fall into place. Broad investor demand, a rising tide across the crypto market, and heavy capital inflows were the common thread in each case.

The current picture looks different. Crypto markets have been weighed down by macroeconomic pressure and geopolitical tensions, and ADA has felt that drag more than most. The token has spent much of the past several weeks trading below 30 cents with little momentum to show for it.

Current Conditions Still Pose A Challenge

No sustained breakout has materialized yet, and investor confidence in a near-term recovery remains shaky. Bearish pressure has been steady, and ADA’s slide to 12th in global crypto rankings reflects how much ground it has lost relative to other assets.

Yesreel has not offered a specific timeline or a trigger event that would kick off the kind of run he is describing. His projection rests on the idea that when the right conditions align — rising sentiment, strong inflows, momentum feeding on itself — ADA has shown it can compress months of gains into days. Whether those conditions arrive anytime soon is something no one can say with certainty.

Featured image from Unsplash, chart from TradingView