Cardano Surges 60% in Four Weeks, Eyes $1 Mark

Cardano's latest price was $0.8158, up 1.338% in the last 24 hours. The altcoin has been following Bitcoin's upward correction, trading in green over the past week. This performance has reignited conversations about the arrival of the highly anticipated altcoin season. Cardano has reclaimed the point of control after multiple successful retests of the $0.49 support. With bullish structure forming, a full rotation toward $1.19 resistance is now in play. Cardano (ADA) continues to hold its high time frame support level at $0.49, a region that has proven reliable during multiple attempts to break lower. Following the most recent bounce, ADA has now reclaimed the point of control (POC), a critical volume and structural level that marks the midpoint of its current range. This development signals increasing strength and opens the path for a potential rally toward the top of the range.

Cardano's ADA has stirred the crypto waters again, and this time, traders are paying serious attention. The altcoin has climbed more than 60% in just four weeks, sending a wave of excitement through the market. That kind of move doesn’t go unnoticed. Market watchers are beginning to wonder—could Cardano finally be on its way back to the $1 mark? The coin’s recent momentum suggests that this isn’t just another quick rally. There’s real strength building behind the scenes, and it’s giving bulls plenty of reasons to stay optimistic. DeFiLlama data shows that Total Value Locked (TVL) on the Cardano network climbed above $412 million on Monday. That rise in TVL reveals renewed trust in the platform’s long-term growth.

Meanwhile, futures traders have pushed open interest (OI) to new heights. On June 14, OI stood at $1.18 billion. By this Monday, that number had surged to $1.66 billion—marking an all-time high. This increase means that new capital is entering the market, not just rotating from other coins. At the same time, the weekly Relative Strength Index has reached 58. That’s a bullish signal, suggesting growing momentum. If that momentum holds, ADA could challenge the $1 psychological level very soon. Many traders believe that this resistance zone is the final hurdle before a breakout.

Liquidity is the lifeblood of any rally, and right now, Cardano has plenty of it. Token Terminal reports show that ADA’s weekly token trading volume has surged. Just last week, it jumped from $8.12 billion to $10.30 billion. That’s the highest volume Cardano has seen since March. High volume means high conviction, and the market is clearly leaning bullish. This liquidity surge didn’t happen by accident. Traders have been circling ADA for weeks, waiting for the right moment. Now, with fresh capital, rising OI, and growing technical strength, many believe that moment has arrived. Confidence in ADA is spreading, and buyers are stepping in. The pressure keeps building. Momentum is strong. Liquidity is deep. Technicals are pointing north. Cardano’s price seems to be one spark away from erupting. If current conditions hold, the $1 mark may not be a ceiling—it may become a floor.

Significant preparations are underway for Cardano Summit 2025, as confirmed in the Cardano Foundation's Q2 2025 quarterly report. The flagship event is scheduled to take place this November at Berlin's notable Gasometer Schöneberg venue. The core focus of the summit will center on connecting the broader Cardano community and fostering further development within the ecosystem.

Recent ecosystem developments continue to demonstrate Cardano's expansion. The latest weekly development report, dated July 25, 2025, highlights sustained growth metrics. The report indicates a steady rise in projects choosing to build on the Cardano blockchain, with the current count reaching 2,007 distinct projects actively developing solutions. This reflects ongoing confidence in the platform's infrastructure.