Spend $ADA, BTC, SOL, USDC, USDT and more with the new Cardano Card!
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coinpedia
The post Cardano Price Pauses After Breakout, But Bullish Structure Holds appeared first on Coinpedia Fintech News
The Cardano price (ADA) recently broke above its long-standing descending channel, closing above the 200-day EMA for the first time in several months. Although the rally has recently slowed around the $0.72-$0.73 level, showing that upward momentum has momentarily cooled, yet the overall technical setup still remains entirely positive.
Despite the recent ongoing consolidation, especially when viewed in the context of profit-taking across the crypto space. This sideways momentum in ADA seems more like a pause than a reversal.
Also, the underlying indicators also point to more bullish momentum ahead, while the structure built in July remains intact, with support holding firm and accumulation patterns forming. ADA price may still have more upside to explore in the near term.
Breakout In Cardano Price Chart Above Key Averages Signals Strength
As it is evident that the ADA price has handled strong bearishness for months, being trapped inside this downward wedge. But, this time, ADA crypto breaching above its declining wedges was the biggest feat seen in a month on the daily chart. This breach has relieved many investors who were waiting for this moment in ADA.
This move on the ADA price chart isn’t any ordinary move; it’s combined with multiple key factors, which have resulted in developing a crossover in its short-term EMA bands, specifically the 20-day EMA rising above the 50-day EMA. This signals the beginning of a sustained upward phase.
Furthermore, the ADA price breakout and sustaining above the 200-day EMA is itself a key long-term indicator of a northward trend. As in the past 3 months, it struggled to hold above this dynamic level, but it is not the case anymore, and recent performance is evident, which clearly suggests a higher degree of resilience.
Consolidation Near $0.72 Amid Market-Wide Sell-Off
Despite the bullish signals, the ADA price is currently consolidating around $0.72. This pause aligns with a broader pullback in the cryptocurrency market, and Cardano has not been immune to this sentiment.
As long-term investors began to realize profits, the Bitcoin, which recently hit an all-time high of $123.2K, dropped more than 5% to $116.7K.
Nevertheless, this appears to be a healthy consolidation rather than a worrisome reversal, and it has not broken any critical support levels, yet. It is firmly suggesting that the uptrend remains structurally sound.
Accumulation Phase Could Drive Next Leg Higher
From a technical perspective, the current price zone between $0.70–$0.72 could act as a re-accumulation zone. Market participants may use this phase to regain strength before making another push toward $1.10, a psychological and technical resistance level.
Moreover, another post offers further insight. A recent chart shared by Wyckoff Insider comparing ADA/BTC indicates that Cardano is currently pressing against a strong resistance level.
According to the analysis, if accumulation continues and strength rises, ADA/BTC could flip the resistance level into support. Doing so would likely open the door to test the next resistance range in the ADA/BTC pair, which could indirectly support ADA/USD as well.
$ADA / $BTC pic.twitter.com/LxLG4ZnrLe— Wyckoff Insider (@Wyckoff_Insider) July 15, 2025
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The post Altcoin Season or Fakeout? Analyst Warns This Might Be a Short-Lived Alt Window appeared first on Coinpedia Fintech News
Bitcoin is leading the crypto rally once again, surging to a new all-time high of $123,000 earlier this month. So far in July, BTC has gained 9.79%, and in the last seven days alone, it jumped by 8.8%, reigniting investor excitement across the market.
But with Bitcoin dominance rising, the big question now is: Will altcoins follow—or is this another fakeout?
Bitcoin Breaks $120K, Is It Time for Altseason?$BTC just hit a new ATH at $123,000. But where are the altcoin pumps?
I’ve gone back through the last 3 $BTC breakouts to find patterns and the signs are finally lining up.
Here's what to expect next for $ETH, $SOL, $XRP, and…— VirtualBacon (@VirtualBacon0x) July 14, 2025
Bitcoin Breaks Out to $123K
Bitcoin’s bullish momentum continues, marking a 15.9% gain between June 23 and July 15. This rally pushed BTC from $107K to $123K, a 14.95% jump, making it the biggest breakout of Q3 so far.
In Q2 2025, Bitcoin recorded an impressive 29.9% return, supported by:
April: +14.2%
May: +11.1%
June: +2.40%
So far in Q3, Bitcoin is already up 9.69%—and counting.
Also Read : Bitcoin Price Prediction After $123K Peak – Is $130K the Next Target?
Altseason or Just a Short Window?
Popular analyst VirtualBacon shared a detailed thread on X, analyzing BTC’s current breakout and what it means for altcoins.
According to him, this may not be a full-blown altseason, but rather a short “altcoin rotation window”. Historically, after each major BTC breakout since mid-2023, altcoins typically rallied for 3–5 weeks before Bitcoin resumed dominance.
Also Read : From $4 to $10, This Altcoin Could Explode 3X in Crypto Bull Run 2025
Current BTC Dominance: A Warning Sign?
At present, Bitcoin dominance sits at 64.34%, up from 57.59% at the start of the year. This continued rise suggests money is still flowing into Bitcoin first. The only pullback was a 4.83% drop in May, which quickly recovered.
VirtualBacon emphasizes that a sustained altcoin season needs BTC dominance to decline, something that hasn’t happened yet. But short-term opportunities may still exist.
Altcoins to Watch Now
VirtualBacon highlights several altcoins with breakout potential:
BNB: Near cycle lows
LINK: Undervalued with strong fundamentals
ADA: Forming a macro double-bottom
TRX: Quiet strength
DOGE: Known for rallying post-BTC breakouts
He also notes Solana ecosystem tokens are showing strength:
Bonk: +110.9% (14 days)
PENGU: +112.9% (14 days)
Emerging Layer-1s and smart contract platforms are also on the radar:
SUI, Aptos (APT), and Avalanche (AVAX)—with AVAX yet to rally since October 2023.
Meanwhile, narrative-driven tokens like TAO (14x in 5 months) and PEPE (6.6x in 3 months) have shown what’s possible during strong Bitcoin uptrends.
What Happens If Bitcoin Hits $150K?
VirtualBacon predicts that if BTC touches $150K, the top 20 altcoins could explode in value, as institutional and retail investors look for the next big opportunity.
While Bitcoin leads the charge, altcoins may have a short-term window to rally. Whether this turns into a full-scale altseason will depend on Bitcoin dominance, overall market sentiment, and how investors rotate capital in the coming weeks.
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Using historical BTC pairs all time highs for ADA and ERG, and using recent BTC high price, the future all time highs for $ADA & $ERG could be:
$ADA $7+
$ERG $49+
These are reasonable predictions (sensible), and we could see blow off tops above these levels.
The current price of Cardano is $0.73260. Over the last 24 hours, Cardano has decreased by -2.62%. It currently has a circulating supply of 36,148,223,229 ADA and a maximum supply of 45,000,000,000 ADA, giving it a fully diluted market cap of $26.47B. At present, Cardano holds the 8 position in market cap rankings. The Cardano/USD price is updated in real-time.
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Cardano (ADA) is a third-generation blockchain platform looking to improve the workings of Ethereum and Bitcoin. Named after Gerolamo Cardano, a 16th-century Italian polymath, Cardano describes itself as a third-generation blockchain equipped with the technologies required to enable a sustainable and secure crypto network.
Like every Layer 1 blockchain project, Cardano also has its native token, which doubles as the consensus anchoring mechanism and a settlement currency. This token is named ADA after a 19th-century mathematician, Ada Lovelace, who developed the first computer algorithm and is regarded as the first programmer.
How does Cardano work?
Cardano is among the first blockchains to be built using the highly secure Haskell programming language. Its multi-layered protocol is capable of performing sophisticated functions, comprising of a Cardano Settlement Layer (CSL), which serves as a unit of account, and a Cardano Computing Layer (CCL), which executes smart contracts and facilitates identity recognition and compliance.
The workings of Cardano boil down to implementing an energy-efficient consensus mechanism called Ouroboros. Ouroboros is a Proof of Stake (PoS) consensus mechanism where users stake their assets to validate transactions. The validators are rewarded with ADA tokens in proportion to their staked assets. This in-house developed technology allows Cardano to use only a fraction of the energy used by legacy blockchains like Bitcoin and Ethereum to validate transactions and keep their networks secure.
Besides offering an environmentally friendly network, the Cardano blockchain resolves the scalability issues plaguing established blockchains without dialing down on the importance of decentralization. Specifically, Cardano currently processes 250 transactions per second (TPS), a considerably high figure compared to Ethereum's 15 TPS and Bitcoin's 4 TPS. It does this while providing the infrastructure required to develop and launch decentralized applications (DApps). Notably, these functionalities have elevated Cardano's popularity in the crypto community.
ADA tokens are used to pay transaction fees, and users can also stake their ADA tokens to receive ADA-denominated yields. In the future, holders can use their ADA tokens to participate in governance-related processes. When this happens, ADA holders will become the major stakeholders of the Cardano economy and will collectively decide on the future of the blockchain.
Over the years, Cardano has emerged as one of the top ten cryptocurrencies by market capitalization due to its sophisticated blockchain architecture and the endless potential it offers as regards blockchain scalability.
What is Cardano's Alonzo upgrade?
The Alonzo upgrade was one of the most significant enhancements to the Cardano network, adding smart contract capabilities. It was implemented on the Mainnet in September 2021 and furthered its aim of competing with Ethereum, the world's leading smart contract platform. The introduction of smart contracts laid the path for developers to build various applications on Cardano and even mint non-fungible tokens (NFTs), expanding the network's capabilities in the decentralized finance (DeFi) space.
What is Cardano's Vasil upgrade?
Another significant development for the Cardano ecosystem was the Vasil upgrade. Named after Vasil Dabov, a Bulgarian mathematician and former Cardano contributor who passed away in December 2021, the upgrade aims to enhance the network's capabilities. While the upgrade was initially scheduled for June 2022, it was delayed to September 22, 2022, a week after Ethereum, Cardano's biggest competitor, switched to a PoS network.
The Vasil upgrade enhanced Cardano's programming language Plutus, enabling developers to build dApps with greater speed, transactional capability, and powerful scripts. The upgrade also introduced diffusion pipelining, which streamlined the sharing of new blocks with network participants, ensuring that blocks can be shared in the network within five seconds of their creation. The Vasil upgrade was implemented as a hard fork and aimed to enhance the network's throughput and experience for all users.
ADA price and tokenomics
ADA has a max supply of 45 billion tokens, and 34.18 billion ADA tokens were already in circulation by September 2022. Initially, ADA was distributed through an initial coin offering (ICO) in which 25.9 billion ADA tokens were sold in five rounds of public sales for around $79.2 million.
A total of 5.18 billion ADA tokens, or 20 percent of the circulating supply of 25.9 billion, was distributed among the three entities responsible for the development of Cardano. They are Input Output Hong Kong (IOHK), the Cardano Foundation, and Emurgo. IOHK received 2.46 billion tokens, while Emurgo and the Cardano Foundation received 2.07 billion and 640 million ADA tokens, respectively.
Therefore, 31.11 billion ADA tokens were in circulation at Cardano's official launch, and the remaining 13.88 billion ADA tokens were set aside as a reserve to incentivize and reward stakers. The primary distribution mechanism of ADA is its staking mechanism. Like most blockchain solutions, Cardano runs an incentive-based economy designed to encourage participants to contribute positively to the growth and safety of the ecosystem.
Specifically, stakers are rewarded with ADA tokens as part of the mechanisms to encourage users to participate in the transaction validation process. In essence, staking doubles as a token emission system for Cardano as newly issued coins are periodically allocated to successful stakers. This will continue until 45 billion ADA coins are in circulation.
As mentioned earlier, the supply cap of ADA is 45 billion tokens, with approximately 34.18 billion tokens already in circulation. Considering that 31.1 billion ADA was allocated to various entities at the launch of Cardano, it is safe to say that around 2.9 billion ADA has been distributed via the staking mechanism.
About the founders
Cardano was launched in 2017 by founder Charles Hoskinson. Although Hoskinson started researching and building Cardano in 2015, the project and its native token, ADA, did not officially launch until 2017.
Before this, Hoskinson was heavily involved in creating Ethereum as one of its co-founders. He left the project due to differences in ideologies over the future of the network. Hoskinson reportedly wanted to accept venture capital and turn Ethereum into a for-profit project, while Vitalik Buterin wanted to keep it running as a non-profit.
Former Ethereum colleague Jeremy Wood approached Hoskinson soon after, and the two started Input Output Hong Kong (IOHK) in 2015. IOHK is an engineering company that primarily focuses on the development of Cardano while helping to build cryptocurrencies and blockchains for academic institutions, enterprises, and government entities.
In addition to being a contributor to Ethereum, Hoskinson was the founding chairman of the Bitcoin Foundation's education committee. He also established the Cryptocurrency Research Group in 2013.
What makes Cardano unique?
One thing that continues to set Cardano apart is how its development has unraveled via an open-source and peer-reviewed model. Cardano is peer-reviewed, as all of the components that have come together to make up its infrastructure were academically researched by experts around the globe using evidence-based methodologies. As such, it has taken longer than expected for some of the features of Cardano to come to life. This is due to the strict scrutiny that each upgrade must undergo before implementation.
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 35K new posts about Cardano, driven by 7.7K contributors, and total online engagement reached 4.3M social interactions. The sentiment score for Cardano currently stands at 85%. Compared to all cryptocurrencies, post volume for Cardano currently ranks at 709. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Cardano.
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Cardano FAQ
How much is 1 Cardano worth today?
Currently, one Cardano is worth $0.73260. For answers and insight into Cardano's price action, you're in the right place. Explore the latest Cardano charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Cardano, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Cardano have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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