Cardano ADA Whale Activity Fuels 62% Surge as Market Eyes New Highs
Cardano's ADA has experienced a significant rally in July 2025, surging 62% amid heightened whale activity and a notable spike in trading volume surpassing $2.45 billion. The 30-day Market Value to Realized Value (MVRV) ratio turned positive on July 8, now standing at 22%, indicating that the majority of ADA holders are currently in profit. Analysts are divided on the implications of this development, with some suggesting it could lead to profit-taking, while others believe it signals stronger hands holding for further gains. Key support at $0.86 is critical to avoid long liquidations, and the market is closely watching whether ADA can sustain its momentum to reach new highs. Additionally, developments like CardanoKit's new initiatives are adding to the bullish sentiment surrounding the cryptocurrency.
Cardano Whale Activity Sparks Rally as ADA Eyes New Highs
Cardano's ADA has surged 62% in July, fueled by heightened whale activity and a spike in trading volume exceeding $2.45 billion. The 30-day MVRV ratio turned positive on July 8, now standing at 22%, indicating most holders are in profit. Analysts suggest this could either trigger profit-taking or signal stronger hands holding for further gains.
Key support at $0.86 must hold to avoid long liquidations. Meanwhile, CardanoKit's new open-source tool enables native ADA integration with Apple platforms, potentially expanding real-world utility through Apple Pay compatibility.
While ADA's gradual ascent continues, emerging altcoin Remittix has raised $16.8 million at under $0.10, outpacing ADA's momentum in the short term. The market watches whether ADA's technical strength and growing ecosystem can propel it toward the $1.50 threshold.
Cardano Poised for Rally to $1 as Key Resistance Breaks, Analyst Says
Cardano (ADA) has cleared its final resistance level and is now positioned for a unimpeded run to $1, according to TradingView analyst MMB Trader. The cryptocurrency has surged 52% since July, decisively breaking through the $0.67 barrier that previously capped its upside.
The rally comes amid broad market strength and bullish ecosystem developments, with ADA on track to record its strongest monthly performance since November 2024's 216% surge. Technical analysis reveals the $0.50 support level held firm in June, providing the springboard for the current upward momentum.
"Either Cardano regains momentum from the $0.50 support or it drops to around $0.32," MMB Trader noted in his earlier analysis. With the breakout now confirmed, he projects a clear path to $1.097, marking the next major price target for the digital asset.
Analysts Eye $2 for ADA Price as Whales Accumulate
Cardano's ADA surged to $0.92 in late July amid heavy trading volumes and on-chain activity, only to retreat to $0.85 as traders locked in profits. The pullback appears orderly—open interest holds steady at $637.53 million, with positive funding rates signaling sustained bullish leverage.
Whales are absorbing the retail sell-off. Santiment data reveals active address metrics remain robust despite the dip, suggesting institutional accumulation. Derivatives markets tell a similar story: open interest previously peaked at $675 million when ADA tested $0.92, with funding rates persistently positive at 0.01%.
The 'Network Realized Profit/Loss' metric confirms profit-taking by short-term holders NEAR local tops. Yet the lack of severe OI contraction implies this is a healthy consolidation, not a trend reversal. Analysts now watch for a potential breakout toward $2 if whale accumulation continues at current levels.
China's DeepSeek AI Predicts Cardano (ADA) Could Reach $10 This Bull Cycle
DeepSeek, a leading Chinese AI chatbot, forecasts a potential surge for cardano (ADA) to $5-$10 by the end of the current bull market. The projection, shared by Cardano-native trading platform TapTool, suggests gains of 532%-1,165% from current levels of $0.79.
Fundamental drivers include Cardano's Hydra scaling solution, which demonstrated 1 million TPS capability during Doom gaming tests, and growing DeFi adoption. The network's TVL expansion and supply dynamics were also cited as catalysts, though the report was truncated mid-analysis.