Cardano (ADA) Performance Summary: July 3rd, 2025

Overview: On July 3rd, 2025, Cardano (ADA) experienced a notable price increase, rising over 17% to $0.60, primarily driven by a significant development in its Bitcoin integration efforts. Despite this bullish narrative and recent gains, the asset continued to navigate challenges related to ecosystem activity and DeFi total value locked.

Key Metrics & Technical Indicators (Based on available data for July 3rd, 2025):

Price Action:
- High: Approximately $0.705 USD (based on July 2025 predictions, as specific intraday high for July 3 was not explicitly found, but it was noted to be targeting $0.72).
- Low: Approximately $0.549 USD (based on July 2025 predictions, as specific intraday low for July 3 was not explicitly found).
- Closing Price: Around $0.5590 – $0.60 USD. ADA saw a significant daily increase, with reports indicating a rise of over 17% to $0.60.
Market Capitalization:
- Market Cap: Approximately $19.56 billion USD (based on a value of 552.77 CLP per ADA). Another report indicated the current price as $0.5590, which would correspond to a market cap around $19.8 billion USD given a circulating supply of 35.4 billion ADA. The overall cryptocurrency market capitalization was around $3.38 trillion.
Moving Averages (Approximate values based on surrounding data for July 2025):
- EMA 200 (Exponential Moving Average 200): ADA was noted to be below its 200-day EMA. Earlier reports from June 27, 2025, indicated that ADA was below its 200 EMA ($0.6937), suggesting a long-term bearish trend.
- EMA 50 (Exponential Moving Average 50): Approximately $0.6422 USD. ADA was trading below its 50-day EMA. However, a bullish prediction for July 2025 was contingent on reclaiming the 20/50-day EMAs.
- SMA 200 (Simple Moving Average 200): Approximately $0.677365 USD. ADA was trading below its 200-day SMA, suggesting a bearish long-term trend.
- SMA 50 (Simple Moving Average 50): Approximately $0.693199 USD. ADA was trading below its 50-day SMA, indicating a bearish medium-term trend.
RSI (Relative Strength Index):
- 24-hour RSI: Approximately 49.65 – 62.28. One report indicated a neutral RSI of 49.65, while another from July 3, 2025, showed an RSI of 62.28, indicating a «Buy» signal and healthy bullish momentum without being overbought. This suggests a positive shift in momentum.
MACD (Moving Average Convergence/Divergence):
- MACD Status: The MACD value was reported as 0.009, indicating a «Buy» signal. While earlier reports from June 27, 2025, indicated bearish momentum, the July 3rd data suggests a shift towards bullish divergence, indicating a potential price reversal.

Brief Fundamental Analysis

On July 3rd, 2025, Cardano’s fundamental landscape was significantly impacted by a major development in its Bitcoin integration efforts, specifically the «first on-chain transaction proving Bitcoin’s state on its network,» which marked the beginning of a Cardano-Bitcoin bridge. This initiative is a crucial step towards enhancing interoperability and leveraging Bitcoin’s liquidity within Cardano’s DeFi ecosystem.

Despite this positive technical advancement, some reports highlighted ongoing challenges for Cardano, including a «relatively inactive ecosystem and low total value locked in DeFi.» This suggests that while core development is progressing, the network still needs to attract more decentralized applications and users to fully realize its potential.

However, the overall sentiment was buoyed by the SEC’s approval of Grayscale’s ETF proposal (on July 2, 2025), which was seen as a game-changer for altcoins, including ADA. This regulatory clarity is expected to attract more institutional capital into the crypto market. Additionally, historical data suggests that July has often been a favorable month for ADA, with an average return of 8.6% over the past eight years, indicating potential for gains in July 2025. The continuous active developer contributions enhancing network efficiency also contribute to Cardano’s long-term value proposition.

PUNKO – PNK