Cardano’s ADA Surges 2.17% to $0.74, Altcoin Season Index at 34

On July 16, 2025, Cardano’s ADA coin surpassed the significant $0.74 mark, capturing the attention of the crypto community. This price boost comes as discussions around ADA’s next price ceiling intensify, with the altcoin season index stabilizing at 34, indicating a shift in investment from Bitcoin to altcoins. The recent launch of the Cardano Card by Emurgo on July 15 has facilitated global expenditures, DeFi incentives, and treasury allocation in ADA, leading to a notable increase in blockchain activities and bolstering its market value.

Active Cardano addresses have surged by 38% over the past ten days, now totaling 38,500. This increase is largely attributed to the new Cardano Card, which not only boosts network usage but also ensures consistent funding by directing profit shares to a treasury reserve. User engagement has established a reliable price floor above $0.74, setting the stage for potentially lasting growth. Historical figures imply that as active addresses multiply, ADA’s momentum is likely to intensify.

ADA, valued at $26.31 billion, experienced a daily increment of 2.17%, reflecting sustained growth. The price prevailing over the 20-day simple moving average of $0.7361 demonstrates buyers’ influence, marking this point as a psychological benchmark for traders. In a 4-hour chart examination, ADA’s price is nearing the upper margin of the Bollinger Bands at $0.7607, with the $0.68–$0.70 range offering immediate support. The RSI is positioned at 58.59, remaining outside the overbought zone, which heightens the probability of achieving interim resistance at $0.78 in forthcoming trials. Present metrics suggest tightened volatility, hinting at a pending upward thrust.

The altcoin season index reveals a subtle capital migration from Bitcoin to promising projects such as Cardano. Experts suggest that ADA, under present market conditions and technical indicators, might soon achieve the $0.85 target. Key takeaways include ADA surpassing the critical $0.74 resistance level, an uptick in active addresses enhancing ADA’s market prospects, and technical indicators suggesting potential for further price gains, targeting $0.85. The introduction of the Cardano Card marks significant ecosystem development, strengthening user engagement.

The current trajectory of ADA spots a burgeoning interest in the altcoin sector, supported by increasing user activities and technological advancements. Keeping an eye on these indicators will be crucial for anticipating Cardano’s future financial course. As investor interest swells, ADA’s growth journey remains one to watch closely.

Cardano (ADA) has recently experienced a notable price boost, driven by several key milestones and developments within its ecosystem. The cryptocurrency has broken through significant technical resistance levels, with analysts targeting a price range of $0.90 to $1.20. This surge in price is supported by a 26% weekly gain and increasing user activity on the network. The Chang hard fork, a major upgrade aimed at improving governance and permitting network-led innovation, is expected to further enhance network engagement and developer interest. This upgrade is part of Cardano's broader strategy to achieve complete decentralization, which is anticipated to drive long-term growth.

The Chang hard fork is not the only catalyst for Cardano's potential surge. The blockchain's DeFi ecosystem is also gaining traction, with projects like Minswap, Liqwid, and Indigo contributing to its growth. These developments, coupled with Cardano's proven infrastructure and ecosystem momentum, position it as a solid bet for investors looking for consistent, lower-risk gains. Technical analysis suggests that if bullish momentum returns to the market, ADA could test key resistance levels at $1.20, $2, and eventually $3. Long-term support is firm around $0.30, $0.50, and $0.80, providing confidence that the floor is rising.

Cardano's journey to $3 by 2025 is underpinned by years of development and upgrades. The cryptocurrency reached an all-time high of $3.10 during the 2021 bull cycle, driven by smart contract integration and ecosystem growth. Although it has since retraced, recent enhancements and growing software are positioning ADA for a comeback. The Chang hard fork, in particular, is expected to noticeably increase network engagement and developer interest, further fueling Cardano's potential surge.