What Happens to Cardano Price if ADA Flips USDC’s $61B Market Cap?

The Cardano price rally required for ADA to flip USDC hinges on a potential breakout past the psychological level of $1, assuming its circulating supply of 35.32 billion tokens remains unchanged. Based on this supply, ADA would need to reach a price of $1.755, representing approximately a 132% gain in market cap from the current levels.

At press time, Cardano’s price trades at $0.7604 and currently holds the ninth position among the ten largest cryptocurrencies by market capitalization, presently valued at $26.73 billion. Meanwhile, USDC, Circle’s flagship stablecoin, which ranks seventh, boasts a $61 billion market cap.

Cardano Price Impact if ADA Flips Circle’s USDC

Cardano (ADA) price must rally to a price of $1.755 to achieve a market cap equal to or greater than USDC’s. A move to this price level would represent a 132% surge from ADA’s current price of $0.7604. Historically, ADA has experienced bigger rallies, indicating a breakout of this scale is possible with the right market conditions.

During the 2020–2021 bull cycle, ADA exploded by over 10,000% from $0.03 to an all-time high near $3.10. Quite recently, in 2024, the price of ADA rallied nearly 303.5%, climbing from around $0.3458 to $1.3283 in just a few months.

Compared to both price movements, the percentage gain required by the altcoin to reach seventh position and flip USDC is relatively modest, which suggests it’s attainable if Cardano price continues with its bullish momentum.

Key drivers for Cardano Price Boosting ADA to Flip USDC

Cardano price is backed by a set of catalysts that could propel it past USDC in market capitalization. Those factors are discussed below:

The most notable development is Cardano’s partnerships with U.S. banks to launch a flagship fiat-backed stablecoin product, the USDM, built natively on the Cardano blockchain. USDM will position itself as a compliant and transparent competitor to USDC and USDT.

Unlike its centralized competitors, USDM signals growing institutional trust in Cardano’s decentralized infrastructure, which could significantly boost its on-chain liquidity and utility.

At the same time, comments from former BitMEX CEO Arthur Hayes about USDC have amplified long-standing issues around stablecoins’ centralization and Wall Street’s growing grip on the sector.

Other than stablecoins and partnerships, Cardano recently integrated with Bitcoin to boost cross-chain DeFi, attract more liquidity, and streamline transactions.

The chances of an ADA ETF approval are heating up, with market confidence climbing to nearly 70% on Polymarket ahead of a potential decision by year’s end. If approved, the ETF would attract institutional interest and open the door to significant capital inflows.

Such developments are primed to boost Cardano’s market position, making ADA’s potential flip of USDC increasingly likely in this market cycle.

ChatGPT Explains How ADA Will Flip USDC

When queried on the possibility of Cardano (ADA) surpassing USD Coin (USDC) in market capitalization, ChatGPT offered a notably bullish outlook.

“A thriving Cardano ecosystem and shifting market sentiment could make this flip more than just speculation. A notable price surge—driven by institutional adoption, growing retail interest, and key network upgrades—could definitely boost ADA and have it outshine USDC.” — ChatGPT

The AI bot also provided the following price targets that could spike ADA’s ahead of USDC’s current $61 billion market cap.

Risks: Why ADA Flipping USDC May Not Happen

The case for Cardano (ADA) price flipping USDC is strong, but faces risks that could potentially limit the possibility.

One of the most notable challenges is the lack of clear regulation. An unfavorable ruling in the cryptocurrency industry could easily trigger prolonged legal battles, stall development, and limit investor access.

In addition, Cardano also lacks the deep institutional backing seen with Bitcoin or Ethereum. While its ecosystem has continued to grow over the years, the network still faces concerns around adoption speed and developer engagement, which could further weigh on long-term confidence.

Meanwhile, USDC holds a unique market position where it provides stable, non-speculative solutions across payments and international settlements. Unlike ADA, the stablecoin’s utility extends beyond trading and provides real-world payment services that drive constant demand. Differences like this suggest USDC could be more resilient and harder to flip, even with a strong Cardano price breakout.

Final Take

In conclusion, flipping USDC’s $61B market cap seems ambitious for Cardano, but it’s not far from being a reality. With the current bullish Cardano price prediction and momentum, strategic advancements like the launch of USDM and rising institutional interest, ADA is well-positioned to challenge and potentially flip Circle’s stablecoin from the top ten list of the largest altcoins.