Cardano's future price is a topic of debate among experts. While it boasts strong support and backing from various entities, challenges like its dependence on its native token could pose hurdles. If Cardano reaches US$100 per ADA, its market capitalization needs to hit US$3.6 trillion. This would not only surpass Ethereum's peak market cap by about six times but would also exceed the market caps of global giants like Apple and Microsoft as of 2023. Given the current data as of August 2023, market conditions, and comparisons to other cryptocurrencies, the consensus is that Cardano reaching US$100 in the near future is a long shot.