cardano

Cardano’s native token ADA is making waves, surging 13% in a day to hit $0.85 and marking an impressive 37% monthly gain. While facing resistance at $0.86, multiple bullish signals suggest this could be just the beginning.

Holder Confidence Remains Strong

• Age Consumed metric shows long-term holders aren’t selling
• Last major movement was in mid-June (130B ADA)
• Current activity sits at just 250M ADA – a sign of conviction

Translation: When old coins stay put during a rally, it means veterans believe in higher prices ahead.

Profit-Taking Risk Still Low

• 60-day MVRV ratio at 22.91% (well below May’s 131% danger zone)
• Similar ratios in April preceded a 35% price jump
• Suggests current holders aren’t under pressure to cash out yet

Technical Breakout in Progress

ADA’s charts show rare bullish signals:
✅ Triple EMA golden cross (20-day > 50-day > 100-day > 200-day)
✅ Testing $0.86 resistance (May’s Fibonacci 1.0 level)
✅ Next target: $1.07 if breakout holds

Caution:
⚠️ RSI divergence on 4-hour chart (price up, momentum slowing)
⚠️ Could see short-term consolidation before next leg up

Key Levels to Watch

• Break above $0.86: Opens path to $1+
• Support at $0.78: Must hold to maintain bullish structure

Cardano (ADA) is making a powerful comeback, surging 25% this week to hit $0.74. A bullish double bottom pattern has formed, suggesting this could be just the start of a bigger rally—with $1 as the next major target.

Why ADA Is Gaining Momentum

✅ Double bottom pattern – Classic bullish reversal signal
✅ DeFi TVL +50% in 7 days ($336M)
✅ New Cardano Card announced (staking + payments)
✅ Positive funding rates – Traders betting on upside

“The technicals and fundamentals are aligning perfectly,” says analyst Clara Wu. “ADA could be setting up for a major breakout.”

Key Price Levels to Watch

📈 Immediate resistance: $0.76 (neckline breakout)
📈 Next target: $1.03 (35% upside from here)
📈 Long-term potential: $3-$5 (if bull run continues)
📉 Support zone: $0.50 (must hold)

What’s Driving the Rally?

https://twitter.com/emurgo_io/status/1945044112102842608

1️⃣ Emurgo’s Cardano Card – Turns ADA into a spendable, yield-earning asset
2️⃣ DeFi boom – TVL nearly doubled in 7 days
3️⃣ Technical breakout – Golden cross forming on daily chart

You call this a pump?$ADA hasn’t even started.

$5 is coming, and this is just the calm before the blast.

What’s your personal price target for $ADA this bull run? 🤔 pic.twitter.com/1YgfmX2RYN

— Crispy (@CrispyOnChain) July 16, 2025

The Bottom Line

With strong on-chain activity and bullish chart patterns, ADA looks primed for more gains. If it clears $0.76, $1 could come quickly.

Will you be riding the Cardano wave?

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.