Cryptonews Price Analysis

Cardano Price Prediction: Explosive Ecosystem Growth Fuels Bullish ADA Outlook

Cardano price jumps after new ecosystem report reveals 2,004 dApps now building on ADA — is a bigger rally on the horizon?

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Alejandro Arrieche

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Alejandro Arrieche

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Alejandro is a seasoned financial analyst and adept business expert with over seven years of experience in dissecting complex business topics and vital market trends. His insightful writing, which has...

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Last updated:

June 16, 2025

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The Cardano price (ADA) has gone up by 3.1% in the past 24 hours and currently sits at 0.6440 after the project released an ecosystem update report.

The Cardano Foundation reported that a total of 2,004 decentralized applications are developing and expanding their projects within this blockchain as of June 13, 2025.

Meanwhile, the number of native assets minted on the Cardano blockchain currently sits at 10.83 million while transaction volumes rose by 0.2% compared to the previous week to stand at 110.40 million.

The number of smart contracts – known as Plutus and Aiken scripts – will soon surpass the 140,000 mark.

These figures point to Cardano’s robust and continually-expanding ecosystem. Although the network has been criticized in the past for missing out on some top trends in the crypto space like DeFi and meme coins, there are still developers who are betting on the future of this blockchain as the preferred alternative to deploy real-world applications.

Minswap is currently the largest decentralized exchange (DEX) in the Cardano network with 30-day trading volumes of $79 million. Meanwhile, Liqwid is the largest decentralized application. It specializes in lending and currently has a total value locked (TVL) of $80.9 million.

The combined TVL of Cardano dApps currently sits at $285 million as per data from DeFi Llama. This is a tiny fraction of Solana’s $8.8 billion TVL and just a breadcrumb of Ethereum’s massive $62.9 billion ecosystem.

However, the founder of Cardano, Charles Hoskinson, has always emphasized that his network’s ambitions are centered on powering real-world applications rather than just DeFi apps.

Ecosystem growth is robust according to these latest figures and that favors a bullish Cardano price prediction.

Cardano Price Prediction: ADA Could Rise to $1 If This Happens

Cardano (ADA) recovered during the week after a 4-day losing streak. The $0.600 level seems to have acted as strong support for the price action and could trigger a move toward the $0.7500 resistance in the near term.

The price is currently sitting below its short-term and long-term moving averages and these are currently the key resistances to watch for ADA. A breakout above these markers would favor a bullish Cardano price prediction.

The Relative Strength Index (RSI) seems poised to send a buy signal if it rises above the 14-day moving average.

If the price rises above $0.730 and retests that level from above, this would confirm a bullish outlook that could push ADA to $1. This means an upside potential of 37% for the token.

Apart from Cardano, the Bitcoin blockchain is has significant untapped potential for the development of DeFi applications.

A new crypto presale called Bitcoin Hyper (HYPER) aims to launch a layer-2 scaling solution that will make it possible for these dApps to thrive and unlock trillions of dollars in liquidity that would flow to Bitcoin native protocols.

Bitcoin Hype (HYPER) Raises More than $1M in Less Than 15 Days

Bitcoin Hyper (HYPER) aims to makes the top crypto’s blockchain a suitable home for meme coins, payment platforms, DeFi applications and more.

The developing team aims to achieve this through the launch of a robust side chain powered by the Solana Virtual Machine (SVM). The solution will act as a bridge between the two blockchains to facilitate cheap and fast asset transfers of BTC tokens.

The demand for HYPER, the native asset of this L2, will skyrocket once the protocol is launched and becomes adopted by top wallets and exchanges.

To buy $HYPER at its discounted presale price, head to the Bitcoin Hyper website and connect your wallet (e.g. Best Wallet). You can either swap USDT or BTC for this token or use a bank card to invest.