Altcoin season is only just starting.
Although alt perp funding rates have slowly started rising, they are nowhere near the overheated environment back in November.
The recent rally is most likely organic & spot driven. Expect it to continue 📈
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Solana Daily
🚨 $PENGU surpasses $2,100,000,000 market cap
Solana Daily
🚨The internet’s attention is #Solana 🌐
Your attention is .... 👀
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coinpedia
The post Why Ethereum Is Going Up: Key Reasons Behind ETH’s 56% Monthly Surge appeared first on Coinpedia Fintech News
Ethereum looks bullish, right now. In the last seven days, with a notable rise of 24.1%, it has outperformed its major rivals, Bitcoin (-1.9%), XRP (19.7%), BNB (9.3%), Solana (11.6%), and Cardano (14.3%). In the last 24 hours alone, it has surged by at least 3.1%.
In a sensational post on X, a crypto analyst, identified as Titan of Crypto, suggests that Ethereum could be heading for a major breakout.
Here is what you should know!
Ethereum Market Overview
In the last 30 days, Ethereum has seen significant bullish momentum. At the start of this month, the Ethereum price was at $2,406.19. Since then, the price has jumped by no fewer than 56.29% to $3,758.73.
The latest bullish rally is primarily fueled by substantial institutional inflows into spot ETH ETFs, increasing whale activity, and positive sentiment from major investors like Peter Thiel.
Between July 14 and 18 alone, as many as 2,182.4 million flew into the Ethereum Spot ETF market. The 726.60 million inflow, recorded on July 16, was the highest daily inflow, last week. On the last day of the week, at least 402.50 million entered the market. Of this, at least 394.90 million entered through Blackrock’s ETHA.
Recently, an SEC document revealed that Peter Thiel, the former CEO of PayPal, quietly acquired 9.1% of the shares of BitMine Immersion Technologies – a company which aims to become the Ethereum version of MicroStrategy.
The Ethereum network also saw a rise in its Layer 1 gas limit, enhancing transaction capacity, and continued growth in liquid staking, with Binance Staked ETH reaching 20% of the market.
Is Ethereum Preparing for a Big Bullish Rally?
Acclaimed crypto analyst Titan of Crypto states that Ethereum is following a technical chart pattern, called a right-angled descending broadening wedge on the weekly chart.
#Ethereum $6,700 Target in 2025. #ETH is advancing within a right-angled descending broadening wedge on the weekly chart.
First stop: $4,100 (short-term target).
Once the breakout is confirmed, the $6,700 price objective could be next.
Patience is key. pic.twitter.com/IYIU1gRjFK— Titan of Crypto (@Washigorira) July 20, 2025
A right-angled descending broadening wedge is a bullish pattern. It features a horizontal resistance line and a descending support line, showing increasing volatility and indecision. It suggests a potential uptrend after a breakout above the resistance.
Also Read :
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The chart, shared in his X post by Titan of Crypto, shows that the Ethereum market entered the pattern in early 2024.
Highlighting the chart, the analyst opines that, at first, the market could hit $4,100 – the horizontal resistance line. He also predicts that if the breakout is confirmed, the next major price target is $6,700 – calculated by adding the height of the triangle from the breakout point.
In conclusion, the analyst advises that patience is important, as the ETH price move might take time to play out.
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FAQs
How high could Ethereum (ETH) go?
Analysts predict ETH could reach $4,100 soon and potentially $6,700 in the medium term. Longer-term forecasts for 2030 range from $10,000 to $30,000, with some optimistic scenarios even above $50,000.
Is Ethereum (ETH) a buy or sell right now?
Ethereum is currently showing strong bullish momentum, fueled by ETF inflows and whale activity, suggesting it’s generally considered a buy by many analysts, despite some overbought technical indicators.
Is Ethereum (ETH) a good investment?
Ethereum is widely considered a good long-term investment due to its foundational role in DeFi, NFTs, and Web3, ongoing scalability upgrades, increasing institutional adoption, and potential for yield from staking.
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Crypto Hunter
Step up your game @justinsuntron
You just gonna let Charles win??
TapTools
JUST IN: Cardano $ADA has flipped TRON $TRX.
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Adam Dean
It's 2025 and the state of deep-link enabled wallets on Cardano leaves room for improvement... Hopefully this will help nudge all wallet makers into fully supporting web+Cardano URIs and particularly deep linking for mobile wallets:
The current price of Cardano is $0.89460. Over the last 24 hours, Cardano has increased by +5.71%. It currently has a circulating supply of 36,155,803,022 ADA and a maximum supply of 45,000,000,000 ADA, giving it a fully diluted market cap of $32.33B. At present, Cardano holds the 7 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.
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.
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 36K new posts about Cardano, driven by 8.2K contributors, and total online engagement reached 4.4M social interactions. The sentiment score for Cardano currently stands at 85%. Compared to all cryptocurrencies, post volume for Cardano currently ranks at 837. 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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Posts
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8,239
Interactions
4,397,068
Sentiment
85%
Volume rank
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Posts
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Cardano FAQ
What is the total supply of Cardano?
The maximum supply of Cardano is capped at 45 billion, of which 31.11 billion tokens were in circulation during the launch of the network.
What are the factors that affect the price of Cardano?
Like most crypto tokens and altcoins, Cardano’s price is susceptible to the larger crypto market price trends. This means that during bull cycles, Cardano’s price increases, and the price of Cardano falls during bear markets.
Apart from market trends, Cardano’s price is also affected by factors such as network upgrades and positive or negative news around the network. At OKX, we advise you to research any cryptocurrency before buying and trading them. Cryptocurrency is deemed a high-risk asset and prone to sharp price movements. Therefore, we ask that you only buy what you are willing to lose.
Furthermore, like all cryptocurrencies, Cardano is volatile and carries risks. Therefore, before buying, you should do your own research (DYOR) and evaluate your risk appetite before proceeding.
Why do some refer to Cardano as the "green blockchain"?
Bitcoin uses the Proof of Work (PoW) consensus mechanism that requires miners to use computers to solve a complex mathematical problem, making the process energy intensive. However, the miner who solves the problem gets to validate transactions and create a block and is rewarded in BTC.
On the other hand, Cardano uses the PoS consensus mechanism that is several times less energy intensive. In fact, according to Hoskinson's estimates, Cardano's energy usage is 0.01 percent of Bitcoins. This is why Cardano is sometimes referred to as the "green blockchain."
What are the five eras of Cardano's development?
Cardano's development roadmap is divided into five stages: Byron, Shelley, Goguen, Basho, and Voltaire. During the Byron era, the Cardano team developed the foundational code for the network with the Ouroboros consensus mechanism at its heart, allowing users to exchange the native token, ADA.
The Shelley era focussed on decentralization to ensure that the nodes were run by a diverse group of people instead of centralized groups. Next, the Goguen phase saw the Alonzo upgrade that introduced smart contract capabilities to Cardano. The Vasil upgrade, part of the Basho era, focused on improving the network's scalability by improving throughput. Cardano is also working to introduce side chains to further boost scalability during this phase.
The Voltaire period will see the addition of voting and a treasury system for a self-sustained governance mechanism. It will allow users to stake their assets and vote on the future developments of the network.
What is the ADA price prediction?
While it’s challenging to predict the exact future price of ADA, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is 1 Cardano worth today?
Currently, one Cardano is worth $0.89460. 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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