Cardano Price Surges as New Report Reveals 2,004 dApps in Development — Is a Major Rally Coming?
Cardano (ADA) has risen by 3.1% in the past 24 hours, reaching $0.6440 following the release of a new ecosystem update.
According to the Cardano Foundation, as of June 13, 2025, a total of 2,004 decentralized applications are currently being developed or expanded on the Cardano blockchain.
The number of native assets minted on the Cardano blockchain has reached 10.83 million, while weekly transaction volume has edged up by 0.2%, now totaling 110.40 million.
Meanwhile, the count of smart contracts — including Plutus and Aiken scripts — is on track to surpass 140,000, reflecting Cardano’s expanding technical capabilities.
These metrics highlight the strength and steady growth of the Cardano ecosystem. Despite past criticism for lagging behind major trends like DeFi and meme coins, Cardano continues to attract developers focused on building real-world applications.
Currently, Minswap holds the title of Cardano’s largest decentralized exchange (DEX), with 30-day trading volume hitting $79 million. Liqwid, the top decentralized application on the network, specializes in lending and boasts a total value locked (TVL) of $80.9 million.
According to DeFi Llama, the combined TVL across Cardano’s dApps stands at $285 million — modest compared to Solana’s $8.8 billion and Ethereum’s dominant $62.9 billion.
However, Cardano founder Charles Hoskinson has consistently stated that the platform’s long-term vision prioritizes real-world utility over DeFi dominance.
Given the latest ecosystem metrics, the outlook for ADA appears increasingly bullish.
Cardano Price Prediction: ADA Could Rise to $1 If This Happens
Cardano (ADA) rebounded this week following a four-day losing streak, with the $0.600 level providing solid support. This key level may serve as a launchpad for a potential move toward the $0.7500 resistance in the short term.
Cardano (ADA) is currently trading below both its short-term and long-term moving averages, which now act as key resistance levels. A breakout above these would strengthen the case for a bullish ADA price outlook.
The Relative Strength Index (RSI) is also nearing a potential buy signal — if it crosses above its 14-day moving average, it could indicate growing upward momentum.
A price move above $0.730, followed by a successful retest of that level as support, would confirm a bullish breakout. This scenario could propel ADA toward the $1 mark, representing a possible 37% upside.
Beyond Cardano, the Bitcoin blockchain is also emerging as fertile ground for DeFi innovation. A new presale project, Bitcoin Hyper (HYPER), plans to introduce a layer-2 scaling solution designed to support decentralized applications and unlock trillions in potential liquidity for Bitcoin-native protocols.
Cardano Price Prediction
Will Bitcoin Hit $120K or Crash? Bitcoin Price Prediction Reveals What’s Next
Can SHIB Still 10x in 2025? Token Burn and ShibOS May Be the Catalyst
Dogecoin Price Prediction: Mysterious Tweet Revives Speculation of $1 DOGE
Leave a Reply