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Cardano (ADA) Surges on Partnerships, Institutional Adoption, and Technical Upgrades
As of mid-July 2025, Cardano’s (ADA) price has surged by a staggering 15% to $0.77, with the token demonstrating strong fundamental underpinnings driving the upward momentum.
Recent market developments have been nothing short of spectacular for the project. The Tokeo Wallet’s announcement that it will integrate with the XRP Ledger is a massive development, poised to enhance cross-chain functionality and open doors to new decentralized finance (DeFi) opportunities. This collaboration could lead to exponential growth in both ecosystems, with Cardano’s Midnight sidechain playing a pivotal role.
Furthermore, institutional-grade upgrades have been introduced by Apex Fusion and Well-Typed, bringing formal verification expertise to the platform to improve scalability, throughput, and DeFi capabilities. In doing so, Cardano is positioning itself as an attractive solution for institutional investors looking for high-quality blockchain services.
In addition to these developments, Grayscale’s Smart Contract Fund now holds 18.57% of ADA, indicating significant institutional interest in the token. Moreover, partnerships with African governments and EU digital identity frameworks highlight the growing utility of Cardano.
As a result, ADA has gained immense momentum, supported by Hydra achieving 100,000+ transactions per second (TPS) and enhancements to its Cardinal smart contract bridge. The latter allows for Bitcoin asset transfers within the network, further expanding the ecosystem.
Source: Blockchain.News
