As of July 30, 2025, Cardano (ADA) trades near $0.758, down ~3% in the last day and ~16% for the week, despite a 31% gain over the month.
Cardano remains active on the development front. Founder Charles Hoskinson has reaffirmed bullish long-term sentiment, pointing to privacy-focused projects like Midnight as potential growth catalysts.
The network currently supports over 2,000 projects with 1.34 million delegated wallets, indicating sustained community engagement. Upcoming ecosystem catalysts include the CONF3RENCE 2025 event in September and growing speculation about an ADA spot ETF, which could drive institutional inflows. Cardano is also enhancing interoperability with BTC DeFi integrations, Layer 2 solutions, and partnerchain expansions.
Ecosystem & News Updates:
Technical Analysis
Price is consolidating at $0.75–$0.76, having broken below the 200 SMA recently. Immediate support sits around $0.74–$0.72, with deeper support at $0.70. Resistance levels are at $0.81 and $0.85. RSI is neutral, suggesting neither overbought nor oversold conditions.
Momentum indicators show short-term weakness, but the macro uptrend from early 2025 remains intact. A successful reclaim of $0.81 could set up a push toward $0.97, while a break below $0.70 risks retesting $0.65.
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