Cardano (ADA) Surges 11.80% in Week, Boosted by Blockchain Upgrades

Cardano (ADA) has recently shown significant gains, with a 2.20% increase over the past 24 hours and an 11.80% rise in the last week, despite a brief 0.50% dip in the last hour. Currently trading at $0.8274, Cardano maintains a market capitalization of over $29.2 billion, securing its position in the top 10 cryptocurrencies by market value. This momentum aligns with the broader altcoin recovery and is fueled by ongoing upgrades to its blockchain infrastructure, particularly in scalability and governance. The growing presence of DeFi and NFT projects on the Cardano network is also contributing to its market performance.

The broader crypto market has shown signs of stabilization and slow recovery, helping ADA regain its footing and push above the $0.80 level. This psychological milestone may pave the way for further advances in August. If the current bullish momentum continues, Cardano could challenge the $0.90–$0.95 range in early to mid-August, especially if Bitcoin remains strong and the altcoin market sees sustained inflows. A breakout above $1.00 is possible but would likely require a significant catalyst, such as a major partnership announcement, technological milestone, or broader crypto market surge.

On the downside, if market momentum cools, ADA could revisit support levels near $0.78–$0.80. A drop below this range would indicate weakening bullish pressure, potentially leading to a period of consolidation around $0.75–$0.78. Key factors to watch include the deployment of Cardano’s Hydra Layer 2 solution, which could act as a price driver if transaction speeds and fees improve visibly. Additionally, the growing number of Plutus-based dApps launching could increase demand for ADA. Global interest rate decisions, inflation trends, and broader moves in the crypto market, particularly Bitcoin and Ethereum, will also influence ADA’s performance.

Cardano’s fundamentals appear to be strengthening as market sentiment begins to tilt upward. If this trend continues into August, ADA may be on track to reclaim $1.00 for the first time in months. However, investors should be cautious of resistance near $0.90 and remain aware of potential pullbacks if broader market conditions shift. The price predictions for Cardano in August 2025 are largely optimistic, with various forecasts indicating significant growth. According to one forecast, the price of ADA is expected to reach $1.038666 by August 16, 2025, marking a 26.15% increase. Another prediction suggests that the price could hit $1 in early August and potentially reach $2 by the end of the year. These forecasts are based on current market trends and on-chain indicators showing strong accumulation by wealthy individuals.

The trajectory of Cardano's price in 2025 is anticipated to be influenced by several key factors. One significant factor is the decision by the Securities and Exchange Commission (SEC) regarding the approval of an ETF, which is expected in August. Institutional adoption is also seen as a critical driver for Cardano's growth, rather than mere price speculation. This institutional interest could lead to a more stable and upward-trending price for ADA. Looking at the monthly predictions for August 2025, the minimum price is forecasted to be $0.72, with an average price of $1.50 and a maximum price of $1.79. This represents an 83.08% increase from the previous month. For the latter part of the year, the price is expected to continue its upward trend, with predictions of $1.10 in August, $1.25 in September, $1.50 in October, and $1.65 in November. The bullish outlook for Cardano in 2025 is further supported by the official launch price of $0.06, which indicates that early investors are already on track for a 100% profit. This positive sentiment is reinforced by the strong accumulation of ADA by wealthy individuals, as indicated by on-chain data. The next stage of Cardano's price increase is expected to see it rise to $0.035, further solidifying its position as a promising investment.

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