Cardano ADA’s Privacy Leap: Ankr and Midnight Forge Strategic Alliance
In a significant development for the Cardano ecosystem, Ankr has announced a strategic partnership with Midnight, a privacy-focused blockchain designed as Cardano's first partner chain. This collaboration aims to enhance privacy and scalability within the Cardano network by leveraging Ankr's high-performance RPC infrastructure and Midnight's zero-knowledge cryptography for confidential smart contracts. The alliance marks a pivotal step forward for applications handling sensitive data, positioning Cardano (ADA) as a leader in secure and scalable blockchain solutions. As of July 2025, this partnership underscores the growing emphasis on privacy in the cryptocurrency space, with potential long-term bullish implications for ADA's adoption and value.
Ankr Partners with Midnight to Enhance Privacy on Cardano Ecosystem
Ankr has forged a strategic alliance with Midnight, a privacy-centric blockchain operating as Cardano's inaugural partner chain. The collaboration will leverage Ankr's high-performance RPC infrastructure to bolster Midnight's decentralized network, enabling confidential smart contracts through zero-knowledge cryptography and Cardano's scalability.
Midnight emerges as a pivotal solution for applications handling sensitive data, combining on-chain transparency with ironclad privacy protections. The platform's use of zero-knowledge proofs addresses growing developer demand for compliant yet decentralized data security frameworks.
This infrastructure partnership promises to reduce latency and increase throughput for privacy-focused dApps. As regulatory scrutiny intensifies across Web3, the Ankr-Midnight integration positions Cardano as a contender in enterprise-grade blockchain solutions.
Cardano Trading Volume Surges 92% Amid Market Controversy
Cardano's ADA has witnessed a dramatic 92% spike in trading volume, reaching $4.53 billion in futures activity, as derivatives markets signal strong bullish sentiment. Open interest ROSE 12% to $1.45 billion, with Binance traders holding a 3:1 long/short ratio—a clear bet on further upside.
Despite public disputes involving founder Charles Hoskinson, the controversy appears to have fueled rather than hindered ADA's momentum. The asset's funding rate climbed to 0.0285, reinforcing trader Optimism even as technical indicators suggest an impending short-term correction.
This surge positions cardano among the most actively traded altcoins, with speculative activity stabilizing near 700 million in open interest. The market appears to be pricing in sustained growth rather than treating this as a fleeting rally.
Cardano Whale Transactions Surge as ADA Eyes Bullish Breakout
Whale activity on the Cardano network has surged, with over 137 transactions exceeding $1 million recorded in 24 hours. This spike suggests institutional investors or high-net-worth individuals are repositioning in the ADA market.
ADA's price has rebounded strongly, rising 75% from its late June low of $0.50 to a 20-week high of $0.896. Despite a slight pullback to $0.816, the coin remains up 15% for the week, reflecting sustained bullish sentiment.
Technical indicators support the optimism. ADA has broken out of a bull flag pattern on the weekly chart and converted key moving averages into support zones. A full bull flag breakout could propel ADA toward $2.70—a potential 200% gain from current levels.
While large transactions often signal accumulation, they can also precede sell-offs. Nevertheless, the scale of recent whale moves underscores growing confidence in Cardano's fundamentals and market outlook.
Cardano Founder Charles Hoskinson to Release IOG Audit Report by Mid-August
Charles Hoskinson, co-founder of Cardano, confirmed via Twitter that the initial audit report for Input Output Global (IOG) has been received. Additional details were requested, with the final version expected by mid-August barring unforeseen delays. The audit aims to address allegations of improper ADA acquisitions by IOG.
Hoskinson vehemently denied claims that IOG misappropriated 350 million unclaimed ADA, clarifying the majority had been claimed and the remainder transferred to Intersect. "Falsehoods repeated don't become truth," he stated, expressing dismay over eroding community trust. The allegations surfaced from community members including Masato Alexander.
