A 32% rally accompanied by a significant increase in new wallets suggests strong positive momentum and renewed investor confidence in cardano.
The price has rallied significantly from recent lows, and the growth in new wallets indicates increasing network adoption and potential for further upside if key resistance levels are broken.
The rally and wallet growth have occurred over a short period (weekly), and the immediate next steps (breaking $0.20) will determine short-term price direction.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Cardano price rose for four straight days, with weekly gains reaching more than 32%. Notably, Cardano has outperformed the rest of the top 20 cryptos by market capitalization in seven-day gains. The majority of the top 20 saw weekly gains in the range of 1% to 18%; a few exceptions include Zcash and Bitcoin Cash, which were up 20% and 23%, respectively. A few tokens in the top 20, such as Unus Sed Leo and Canton, were down weekly. Advertisement According to Santiment , Cardano price decoupled after intense FUD created rifts in its community last month. ✍️ TL;DR: Cardano price decoupling after peak FUD created rifts in community last month 📊 Metrics Used: Total Holders 🔗 Link to chart: https://t.co/Xn7BNZXWpH 📈 Cardano is showing signs of life again, with 14,783 more non-empty ADA wallets added since its June 23rd bottom.… pic.twitter.com/c47cCG6Hgm — Santiment Intelligence (@SantimentData) July 4, 2026 ADA subsequently fell to $0.138 on June 25, a low last seen since December 2020. At a current price of $0.189, Cardano has risen 37% from this low. Apart from the price increase, Cardano has added 14,783 more non-empty ADA wallets since June 23. Advertisement Cardano touched $0.20 for the first time in about a month, as traders turned fear into a buying opportunity. HOT Stories Big Win for XRP? 2.2 Million Hotels Now Bookable With XRP Ethereum Nears Critical Breakout Against Bitcoin You Might Also Like Thu, 06/11/2026 - 13:30 Cardano (ADA) Back at $6 Billion, Can Bulls Pass Test? By Tomiwabold Olajide Santiment noted that retail support has been one of ADA's strongest traits even through ugly market stretches. After weeks of fear, the recent holder growth might suggest the crowd is gaining trust again. Advertisement If holder growth keeps climbing while ADA price regains $0.20, Cardano may finally be showing that last month's fear was closer to capitulation than collapse. What's next? Cardano's price rally is currently facing a barrier at $0.20 after retreating from this level on Saturday. You Might Also Like Tue, 06/09/2026 - 17:55 Cardano Gets Exposure From Olympics Committee By Alex Dovbnya At the time of writing, ADA was up 1.73% in the last 24 hours, having given back a substantial part of its daily gains. If the $0.20 level is surmounted, Cardano will eye $0.27 near the daily MA 200 next. On the other hand, support is envisaged at $0.138 in the event of profit-taking. In recent positivity for the Cardano network , a green light has been obtained for the Van Rossem hard fork as all readiness criteria are satisfied. According to a July 3 update by Intersect, overall readiness status is now at 83%. #Cardano News #Cardano