Is #Cardano Really Trading at the Same Price as in 2017?

Meanwhile, a chart circulating on X has reignited an old debate about Cardano’s long-term returns. An analyst flagged that ADA is trading near the same zone it reached in late 2017.

The chart tracks the price from December 2017 to now. It shows ADA back near the $0.41 to $0.42 band.

That area marked the first major breakout cycle eight years ago. Now it’s back in focus after two full market cycles.

In between, $ADA ran into a steep 2021 peak, then sank through a tough 2022 downturn. The last year brought mostly sideways movement. And that’s why this level feels important again.

In 2024, Cardano’s price moved up again, but the recovery did not last. The rally stalled before turning into a real uptrend.

By early 2025, the chart shows a series of lower highs. Price is now slipping back toward a flat support area that has held several times before.

Momentum has cooled, and recent candles show buyers are losing control.

“$ADA is at the same level it was 8 years ago,” the analyst wrote. He said the chart shows just how little progress the token has made after years of trading, despite multiple market cycles.

From a technical view, Cardano remains stuck in a wide range. There is no clear breakout in sight. Volume is thin, and resistance near the 2024 highs has not been tested again.

Until that zone is cleared with strong buying, the market looks more like it is moving sideways than preparing for a new trend.