ADA

Cardano (ADA) closed June with a 16% price drop, continuing its months-long downtrend. Surprisingly, this decline happened despite two major ecosystem developments that should have boosted investor confidence.

Positive News, Negative Price Action

June brought significant announcements for Cardano:

https://twitter.com/CoinbaseAssets/status/1937905846551183360

1. Cross-chain integration with XRP (June 14) – A move to improve liquidity and interoperability
2. Coinbase’s cbADA launch (June 25) – A wrapped version of ADA on Base L2 to enable DeFi participation

Yet, these milestones failed to stop the bleeding. Data shows $182.1 million in spot market outflows during June, indicating strong selling pressure and waning investor interest.

Why ADA Keeps Falling

Several concerning trends emerged:

• Only 45.97% of ADA holders remain in profit (down 27% in a month)
• The Elder-Ray Index shows persistent seller dominance since mid-June
• Low buying demand can’t counteract ongoing sell-offs

What’s Next for ADA?

Bearish Scenario:

• Continued selling could push ADA to $0.52
• Weak holder sentiment may prolong the downtrend

Bullish Possibilities:

• If developments spark demand, ADA could climb to $0.59
• Breaking this resistance might target $0.64

The Cardano blockchain just hit an impressive benchmark – over 2,000 active projects are now building on its network. This growth comes alongside surging developer activity and infrastructure upgrades.

Cardano’s dApp Explosion

According to Input Output’s latest report:
✅ 2,004 active projects now live on Cardano
✅ 138,000+ Plutus scripts (Cardano’s smart contracts) in use
✅ 0.22% weekly growth in smart contract deployment

This makes Cardano one of the most actively developed blockchains in crypto.

Network Security Strengthens

Cardano’s validation system is seeing healthy growth:
🔒 1,352 DReps (decentralized validators) onboarded
🔋 967 currently active (+0.44% weekly)
💰 1.3M delegating wallets supporting the network

Developer Activity Skyrockets

The technical backbone is getting major upgrades:
💻 278 GitHub commits last week (+33% from previous)
🛠️ New node tracing system in development
⚙️ Plutus upgrade (smart contract platform) underway

Another week, another Cardano development update, now live on Essential Cardano.

Check this week’s highlights and get the latest on core technology, wallets and services, smart contracts, and scaling and governance developments. https://t.co/aQaTv0suXZ

— Input Output (@InputOutputHK) June 13, 2025

Record-Breaking Token Ecosystem

Cardano’s unique architecture supports:
🪙 10.8M native tokens issued (all Layer-1 record)
📊 110M+ on-chain transactions completed

Despite these achievements, ADA trades at $0.63 (down 4.63% weekly) with $300M TVL in DeFi.

The Cardano network is showing strong signs of growth and adoption, even as its native token ADA faces ongoing price struggles. As of now, Cardano has processed over 110 million transactions, according to data from Cardanoscan. This steady rise reflects increased usage across its expanding ecosystem.

Staking and Community Involvement Remain Strong

Nearly 22 billion ADA are currently staked in 2,992 active stake pools. This points to a highly engaged community dedicated to securing and maintaining the network.

ADA Price Struggles to Gain Momentum

Despite the surge in network activity, ADA’s price has only seen a slight 0.9% uptick in the past 24 hours, trading at $0.6811. Over the last week, however, the token is still down by over 11%.

Market activity is growing. Daily trading volume has reached $541 million, marking an 8.5% increase. Yet, this rise hasn’t translated into bullish momentum—suggesting traders are cautious or hedging against further losses.

Derivatives Market Shows Rising Leverage

Open interest in ADA futures rose by 2% to $818 million, while futures trading volume increased 13% to $1.14 billion. This jump in leveraged positions may signal that traders are betting on increased volatility or major price moves in either direction.

Technical Outlook: Bearish Bias Persists

From a charting standpoint, ADA continues to trade below its 10, 20, 50, and 200-day moving averages. This setup confirms a bearish trend. The MACD (Moving Average Convergence Divergence) remains negative, reinforcing downward pressure.

The RSI (Relative Strength Index) sits at 38, suggesting bearish sentiment but not yet oversold conditions. If ADA fails to hold support at $0.67, a drop toward $0.65 could follow. Conversely, a recovery to above $0.72 might trigger a short-term rally.

Development Activity Keeps Pace

Despite price headwinds, Cardano’s development scene remains active:

• In April, the Cardano Foundation released its 2025 Ecosystem Guide, highlighting use cases in real estate and supply chain management.
• Around the same time, Input Output Global (IOG) partnered with BitcoinOS to develop zero-knowledge Bitcoin rollups for the Cardano network.
• In May, the Brave browser added ADA support to its wallet (now in beta).
• Most recently, Wanchain enabled cross-chain transfers involving stablecoins like USDC and USDT.
• Looking ahead, Cardano-native stablecoins USDA and USDM are expected to launch later in 2025.

Cardano (ADA) is showing strong bullish signals again, with its price rebounding as nearly $1 billion worth of ADA leaves centralized exchanges. This large-scale outflow mimics patterns seen during the 2021 bull run, raising hopes that Cardano could be on track to reclaim the $3.10 high.

ADA Rebounds as Crypto Market Turns Bullish

On May 20, Cardano climbed to $0.74, marking a 3% intraday gain. As Bitcoin and other altcoins trend upward, ADA is gaining fresh momentum. Market sentiment also improved after Charles Hoskinson, Cardano’s founder, engaged a third-party audit firm to address recent fraud allegations.

Despite the controversy, the confidence among ADA holders is rising—as shown by the surge in long positions on Binance and consistent outflows from exchanges.

Exchange Outflows Signal Long-Term Optimism

According to CoinGlass, nearly $932 million worth of ADA has been withdrawn from centralized exchanges in 2025 alone. The last time outflows reached this level was in 2021, right before ADA hit its all-time high of $3.10.

BREAKING:

Nearly $1 billion worth of Cardano $ADA ($932M) has been withdrawn from centralized exchanges since the beginning of 2025.

The last time outflows approached this magnitude was in 2021, during ADA’s climb to its $3.10 all-time high. pic.twitter.com/YoL7baTr7u

— TapTools (@TapTools) May 19, 2025

Such outflows typically signal investor confidence, suggesting holders are moving tokens to cold storage in anticipation of price growth.

Key Resistance Levels: $1, Then $3.10?

ADA is currently testing critical support at $0.74. If this level holds, the next major targets are:

• $0.84 resistance
• $1 psychological barrier
• $1.32 breakout zone
• And finally, the long-term goal: $3.10

However, technical indicators remain mixed. The RSI is neutral at 51, and the Directional Movement Index (DMI) suggests fading bullish momentum. A drop to the $0.68–$0.74 support zone could invite fresh buyers and potentially fuel the next leg up.

Audit Report Could Reignite Investor Trust

The recent fraud allegations against Hoskinson triggered doubt in the market. But the upcoming audit report—conducted by a law and accounting firm—may help turn the tide.

As promised in my prior tweets regarding the ada redemption process, the law firm McDermott Will and Emery and the accounting and adit firm BDO have been engaged to audit and prepare a public report of the ada redemption. MW&E (https://t.co/NwZrqivbp4)
is a global law firm with…

— Joel Telpner (@JTelpner) May 20, 2025

Hoskinson has pledged to step back from public appearances after the audit, aiming to restore faith in Cardano’s leadership. A clean audit result could boost ADA sentiment significantly and spark renewed interest from investors.

Traders on Binance Go Long on ADA

Data from Coinglass shows that 74% of Binance traders are betting long on ADA. Additionally, open interest stands at $859 million, indicating high trader engagement and belief in a potential rally.

If bulls gain control, ADA could soon revisit the $0.84 resistance before aiming for the $3.10 milestone.

Cardano price is starting to cool off after a sharp rally last week. At the time of writing, ADA is down 3.59%, trading around $0.78. This dip comes after a 19% price surge, and signals that many holders may be locking in profits.

On-chain metrics also point to a potential pullback. Dormant wallets have become active again, raising concerns that long-term holders could be preparing to sell.

Dormant Wallet Activity Signals Selling Pressure

Data from Santiment shows a spike in the Network Realized Profit/Loss (NPL) indicator. This tool tracks whether traders are selling at a profit or loss. A strong spike suggests that many ADA holders are selling at a profit, increasing sell pressure on the market.

Additionally, the Age Consumed index, which tracks movements from long-dormant wallets, also shows a large uptick. Historically, these spikes have preceded local price tops, especially when coins are transferred to exchanges.

The most recent spike is the largest since mid-April, signaling that ADA may be headed for another price drop.

Market Sentiment Turns Bearish

Bearish signals don’t stop there. Coinglass data shows Cardano’s long-to-short ratio has dropped to 0.84, its lowest in over a month. This ratio falling below 1 means more traders are betting against ADA, expecting further declines.

Technical Indicators Show a Possible Pullback

Cardano recently broke above its 200-day EMA at $0.71, rallying more than 25% before hitting strong resistance at $0.84. This level also aligns with the 50% Fibonacci retracement zone, making it a key resistance point.

Unless ADA can break above $0.84, its price might fall back to test support at $0.71. The Relative Strength Index (RSI) has also turned lower, currently at 61, after being rejected from the overbought zone.

If the RSI falls below 50, it would confirm bearish momentum and a potential slide in Cardano price. However, a close above $0.84 could open the door for a move toward $0.92, the 61.8% Fibonacci retracement level.

Conclusion

For now, the Cardano price trend shows early signs of a pullback. Traders are taking profits, dormant wallets are waking up, and momentum is starting to fade. Unless ADA regains bullish traction and breaks past resistance, a retest of $0.71 support looks likely.

Cardano (ADA) is gaining serious traction. In the last 24 hours alone, ADA’s price climbed over 11%, while daily trading volume skyrocketed past $1 billion—a 72% increase. These strong moves reflect renewed investor confidence, especially as Bitcoin surpassed $94,000, sparking broader market optimism.

📊 ADA’s Trading Volume Signals Bullish Momentum

According to CoinMarketCap, this marks one of ADA’s most active trading days in weeks. When volume rises alongside price, it’s often a bullish signal. It suggests that traders believe the rally is real—not just a temporary spike.

If momentum continues, ADA could retest resistance levels between $0.80 and $0.90. A breakout above these zones might open the path toward $1.00 in the short term.

📈 ADA Climbs to 9th in Crypto Rankings

As of now, ADA is trading at $0.7054, up 10.35% on the day and 17% over the past week. This surge has propelled Cardano to the 9th spot in global crypto rankings, boasting a market cap of $24.83 billion. It now sits ahead of TRON, which has slipped to 10th place with $23.63 billion.

🔍 What’s Next for Cardano ADA Price?

ADA recently broke above the 50-day Simple Moving Average (SMA) at $0.688, a critical level that had capped its price since January. This breakout is meaningful. Both the 50-day and 200-day SMAs are popular tools for gauging medium- to long-term trends.

A bullish reversal appears to have started on April 21, pushing ADA toward the next key resistance near $0.757—the 200-day SMA. If bulls can clear this level, the price could advance to $0.83, and potentially hit $1.03.

⚠️ Key Levels to Watch

• Resistance: $0.757, $0.83, $1.03
• Support: $0.688 (50-day SMA), $0.58

If ADA dips below the 50-day SMA, bulls may try to stabilize the price near $0.58. However, a fall below that support could shift momentum back to the bears.

🧠 Final Thoughts

Cardano’s recent breakout shows how fast things can change in the crypto space. With rising volume and improving sentiment, ADA is well-positioned for a potential run—but key resistance levels must hold.

Cardano (ADA) is once again making headlines, not just for price movements—but for its rising popularity on Google. According to market watchers, the latest Cardano search surge has hit levels not seen since November 2024, prompting speculation that ADA could be gearing up for a breakout.

ADA Up Nearly 23% in a Week

Between April 7 and April 14, 2025, Cardano’s price rose by 22.86%, jumping from around $0.54 to $0.66. While ADA has dipped slightly in the last 24 hours, its momentum remains strong overall.

Crypto analysts point to this recent trend as a potential signal of renewed investor interest.

Search Interest Mirrors 2024 Rally

The popular X account “Angry Crypto Show” noted that Cardano’s Google search volume has spiked again—resembling the surge that occurred on November 2, 2024. Back then, ADA rocketed from $0.36 to $1.14 in just three weeks, marking a massive 300% gain.

https://twitter.com/angrycryptoshow/status/1911552317482004782

This similarity has fueled speculation that ADA could be preparing for another major rally. Many in the crypto community are watching closely for confirmation.

However, a separate analysis by The Crypto Basic clarified that the peak in search interest actually happened in early March, when ADA was trading above $0.75. Since then, both price and interest have slightly declined.

Decentralization Milestone Adds Fuel

Another reason for the renewed attention is a major announcement from Charles Hoskinson, Cardano’s founder. On April 12, he declared that Cardano has achieved full decentralization, a milestone ten years in the making.

During a livestream titled “See You on the Other Side,” Hoskinson praised the success of the Voltaire governance model and hinted that he might step back from his leadership role.

Meanwhile, IOHK’s product manager revealed that Cardano had processed over 15.5 billion transactions in a single day, surpassing the capacity of payment giants like Visa.

https://twitter.com/TapTools/status/1911448125023428817

But ADA Still Lags Below $1

Despite these advances, ADA continues to trade below the $1 mark. Crypto analyst Jesse Olson shared a chart showing that Cardano is still stuck in the same $0.55–$0.60 range it occupied more than 1,500 days ago.

While the project has seen multiple rallies and corrections, it has yet to break past its all-time high. Olson also reminded investors that past performance does not guarantee future gains, and long-term holding alone may not yield profits.

Final Thoughts

The recent Cardano search surge has rekindled excitement among crypto enthusiasts. With major technical milestones and growing user interest, ADA may be setting up for a strong move.

Still, traders should remain cautious. As always, it’s crucial to consider both market hype and on-chain fundamentals when making decisions.