In the ever volatile crypto world, Cardano (ADA) is quietly reclaiming its spotlight. As of July 9, 2025, Cardano’s market cap has surged beyond $21 billion, riding a 6.6% weekly rally that’s pushed its price back above $0.60.
Cardano is trading at $0.6095 today’s session, gaining momentum after holding steady above the $0.60 mark for three consecutive days
With momentum returning and activity heating up across its network, Cardano crypto news is once again a trending topic. From real-world utility partnerships to governance upgrades and DeFi expansion, ADA is no longer just about potential, it’s about execution.
ADA Buzz: $21 Billion Milestone and “Ethereum Challenger” Narrative Returns
After the $21 billion mark, ADA takes the spotlight as the so-called “Ethereum alternative”. This growth is driven in part by renewed interest in smart contract adoption on the Cardano network and upcoming protocol improvements.
Meanwhile, speculative traders on X (formerly Twitter) are reigniting the “ADA to $1” debate. One trending headline even claims, “The real ADA bull run hasn’t even started.” While that remains to be seen, there’s no denying that the current setup is starting to attract fresh capital.
Also circulating is talk of large whale wallet activity, several on-chain trackers have flagged accumulation behavior just under the $0.60 mark, further fueling breakout hopes.
ADA/USDT Chart Analysis
- Current Price: $0.6095
- Resistance: $0.6380, then $0.6825
- Support: $0.5700, then $0.5240
- MACD: Gaining bullish traction, crossover in progress
Cardano Outlook
Cardano’s rally isn’t just riding on Bitcoin’s coattails, it’s being driven by real progress in development and growing traction throughout its ecosystem. There’s clear technical support suggesting that buyers are gradually stepping in.
That said, Cardano has shown it can be a bit erratic after sudden bursts, so the next move really depends on whether buyers can push ADA solidly past the $0.64–$0.68 range. If they succeed, we might see the price climb to around $0.72 or even higher. But if the bulls falter, a pullback to the $0.57 level could be on the cards before any sustained move upward resumes.