Cardano (ADA) Surges 27.22% Weekly, Driven by Governance and Airdrop

Cardano (ADA) has maintained a stable position above $0.70, trading at $0.71 as of July 17, 2025, with a significant weekly gain of 27.22%. This stability is attributed to several key developments, including the Plomin hard fork, which finalized decentralized governance, and the Midnight Network’s $NIGHT airdrop to over 37 million wallets. These events have sustained bullish sentiment in the market.

On-chain data reveals that whales have accumulated over 180 million ADA, and there has been a 15% surge in network activity, with over 5.4 million wallets engaged. Technical analysis indicates a breakout above $0.65, but there has been rejection at $0.7678, and derivatives volume has declined by 23.65% to $3.6 billion, suggesting a period of consolidation. The Relative Strength Index (RSI) stands at 68.46, nearing the overbought territory, with support levels at $0.68–$0.6850. Analysts are eyeing potential targets of $0.90–$1.20 if the price clears $0.74.

ADA’s stability could have a positive impact on other Layer-1 tokens such as ALGO and XLM, as the focus on governance draws developers. Meme coins like SHIB may see less capital, but speculation around ETFs could lift ADA and its peers if the bullish momentum persists.

Mutuum Finance (MUTM) is not just another decentralized finance (DeFi) project; it is an ecosystem designed for long-term sustainability. At its core is a unique mtToken mechanism that allows users to deposit assets into decentralized pools and earn interest through auto-compounding tokens. When a user supplies capital into Mutuum Finance’s Peer-to-Contract (P2C) model, they receive mtTokens such as mtETH or mtDAI, which represent their deposit and earn dynamic yields based on pool activity. These mtTokens are ERC-20 compliant, meaning they can be traded or reused across DeFi platforms, adding multiple layers of utility for participants.

Mutuum Finance is developing a decentralized stablecoin system pegged to $1, which will be minted only when users take out overcollateralized loans. With minting limits assigned to verified issuers, governance-controlled interest rates, and automatic burning during repayment or liquidation, this stablecoin is engineered to maintain peg reliability while also fueling Mutuum Finance’s internal liquidity. It is set to become the backbone of the protocol’s financial engine, adding a layer of capital efficiency most DeFi platforms lack.

The presale of the MUTM token is currently in Phase 5, with the price sitting at $0.03 and over 80% of this phase already sold. Mutuum Finance has raised more than $12.5 million and amassed a community of over 13,500 holders. Once Phase 5 sells out, the price will jump 20% to $0.035 in Phase 6, marking the last chance for early buyers to capitalize before the listing target of $0.06 is reached. This means that an investor who entered during Phase 2 at $0.015 is already sitting on a 100% gain, as the current Phase 5 price is $0.03. At listing, when MUTM hits $0.06, those same tokens will have appreciated by 4x from the original entry price.

To further reinforce trust, Mutuum Finance completed an in-depth audit with CertiK, achieving a 95.00 Token Scan Score and a Skynet rating of 77.50, with the most recent updates completed in May. This level of scrutiny, combined with manual reviews, static analysis, and a $50,000 Bug Bounty program, shows that the team is taking security and sustainability seriously before its public platform release.

With backend testing for the decentralized stablecoin now underway and the beta platform preparing for its official rollout, the protocol’s development is entering a critical stage. And with just 20% of Phase 5 left, there’s limited time before the next price increase. Every stage in Mutuum Finance’s roadmap has been mapped with precision, from building smart contract infrastructure and launching a secure lending protocol, to onboarding advanced analytics and supporting P2P loans for meme coins. This blend of trust, usability, and reward potential is what’s pushing smart money toward MUTM while it’s still under the radar.

For investors who have already benefited from Cardano’s rise, the next move is clear. While ADA holds steady, the 20% jump in MUTM’s token price is set to happen imminently, making now the final window to secure an early position before Phase 6 activates. This isn’t just another presale. It’s a full-featured DeFi system preparing to go live, with utility in lending, borrowing, staking, and a stablecoin framework that can underpin an entire decentralized economy. As large caps consolidate, capital is flowing into purpose-built altcoins, and Mutuum Finance is right at the center of that shift.