Cardano Surges 6% on Golden Cross, Whale Buying, Foundation Spending

Cardano's price prediction has been a focal point in the cryptocurrency community, with the recent formation of a weekly golden cross sparking a 6% bullish surge. This technical indicator, where the 50-day Exponential Moving Average (EMA) crosses above the 200-day EMA, has historically been a bullish signal, leading to a 7% rise in ADA this week. The Cardano Foundation's increased spending on adoption and education by 15% has further boosted confidence in ADA’s long-term growth. Currently, ADA trades at $0.6293, positioning it as a top crypto under $1 for many investors.

According to analysts' forecasts, Cardano Price Prediction models show a potential climb to $0.70–$0.72 by month-end if the current momentum holds. The Foundation’s $22.1 million spend on resilience and education is seen as a signal of sustained ecosystem backing. Additionally, reports indicate that whales have bought over 120 million Cardano in the last two weeks, further supporting the bullish sentiment.

Meanwhile, a new contender in the PayFi space, Remittix, is gaining attention with its fast, secure PayFi solution. Remittix aims to reshape digital payments with a unique ecosystem of smart routing and cross-chain swaps. Its recent wallet reveal showcased a sleek interface for staking and low gas fee transfers, with a planned Q3 launch. The project's innovative cross-chain swap engine, community-driven governance model, staking rewards, and passive income paths make it a strong competitor in the market. Remittix's transparent tokenomics and engaging developer community have drawn the attention of Cardano and XRP whales, setting it apart from slower layer-2 solutions.

As July 2025 approaches, all eyes are on Cardano to see if it will finally break the $1 barrier. With ongoing upgrades and a strong community backing, ADA's potential for growth remains high. However, the emergence of projects like Remittix highlights the dynamic nature of the cryptocurrency market, where new technologies and solutions can quickly gain traction. Investors are advised to stay informed and consider the potential of emerging projects alongside established players like Cardano.