- Developer activity rose 27% weekly; governance participation grows via 976 active DReps and 146,678+ deployed smart contracts.
- Brave Browser’s 91M users now support Cardano integration, expanding reach beyond core blockchain users to mainstream audiences.
Cardano recorded its 111 millionth network transaction this week. This measurable event reflects increased user interaction with decentralized applications on the blockchain. The platform now hosts 2,005 active projects, indicating steady ecosystem expansion.
Staking participation remains consistent, with 1.33 million wallets currently delegating ADA tokens. Developer activity shows a 27% weekly increase, evidenced by 259 GitHub code updates. Smart contract deployment continues with 138,996 Plutus scripts and 7,682 Aiken scripts now operational.
On-chain governance participation is rising
The network counts 1,377 registered Delegated Representatives (DReps), with 976 actively participating. Recent transaction volume reached 276 billion ADA tokens, equivalent to approximately $165 billion at average market prices.
Market sentiment data from CoinMarketCap shows 93.8% user optimism toward Cardano—a 30-day peak. Over 22 billion ADA tokens are currently staked, representing 62% of circulating supply. This substantial staking ratio signals holder commitment to network security.
Another week, another Cardano development update, now live on Essential Cardano. Check this week’s highlights and get the latest on core technology, wallets and services, smart contracts, and scaling and governance developments.https://t.co/pK08jmUYow pic.twitter.com/FTD0Ei09kF
— Input Output (@InputOutputHK) July 4, 2025
External adoption includes integration with Brave Browser’s beta service. Brave reports 91 million monthly active users, potentially exposing new audiences to Cardano functionality. Support for Cardano’s upcoming Midnight sidechain is also confirmed.
Cardano (ADA) is trading at $0.5715 USDT, showing a very slight +0.02% gain over the last 24 hours, and a +2.51% increase over the past week.
Despite this short-term uptick, ADA continues to reflect a broader downtrend with a −13.95% monthly performance, while its 12-month gain stands at +63.24%. The asset remains significantly below its all-time high of $3.10, reached on September 2, 2021.
Technically, ADA remains in a sell-rated zone across daily, weekly, and monthly timeframes, according to ETHNews indicator suite. Oscillators and moving averages are aligned with bearish sentiment, though some analysts interpret this consolidation near the $0.55–$0.58 region as a potential base-building phase.
Volatility is moderate at 0.73%, and price continues to respect a multi-month descending trendline that has capped all recovery attempts since Q1 2025.
On the fundamental front, the Cardano ecosystem is in a period of cautious development. While the blockchain continues its focus on scalability and academic rigor, it lags behind newer L1s in TVL, DeFi activity, and developer traction.
That said, institutional discussion around Cardano remains active—especially as ADA was included in Grayscale’s multi-crypto ETF, alongside BTC, ETH, XRP, and SOL. This inclusion has rekindled hopes for deeper capital exposure through passive index strategies.
Charles Hoskinson and the IOG team have recently emphasized mid-year upgrades to Plutus smart contracts, aimed at reducing friction for DeFi protocols on-chain. However, adoption remains tepid, with most developer growth shifting to more performant chains like Solana, Sui, or Base.
Property-based testing – Introducing automated edge-case testing for Plutus smart contracts, enhancing reliability and security
1/ Ever worried about hidden bugs lurking in smart contracts, especially those hard-to-find 'edge cases'?
🧐 Currently, the Cardano ecosystem could… pic.twitter.com/e6NtCvZqIF
— Input Output (@InputOutputHK) June 25, 2025
ADA is still viewed by some long-term holders as undervalued, but for now it lacks immediate catalysts to escape its descending market structure.
The current battle lies at the $0.58 resistance level. A confirmed breakout above $0.60–$0.62 could shift momentum toward $0.70–$0.78, while breakdown below $0.55 risks opening downside exposure toward $0.47.
Unless on-chain metrics and macro sentiment improve, ADA’s price will likely continue to drift sideways within this compressed zone.
