Cardano has been one of the top performers among the big cryptos this past week. The ADA price jumped over 20% in seven days, helped by Bitcoin getting back above $62,000 and a general lift in mood across the market.
Even with that run, a lot of people think ADA still has room to go. One analyst, Cheeky Crypto with 21.1k subscribers says this is just the start. He points to the upcoming Van Rossum upgrade, whales stacking more ADA, and Midnight expanding real-world use cases.
His take: Cardano is in a reset phase before the next big move up. And that’s why people are starting to pay closer attention.
What you'll learn 👉
Why the Cardano Price Could Be Resetting
Cheeky Crypto believes the recent ADA price rally is being driven by more than market optimism. He points to Bitcoin’s recovery above $62,000 and Cardano’s upcoming Van Rossum upgrade as the two biggest catalysts behind the move.
The upgrade is expected to improve network performance and strengthen Cardano’s infrastructure ahead of the next stage of development.
The analyst also makes a point that a lot of the bad press around Cardano has been about the price, not the tech. He thinks regular retail traders have been selling at low points, and that’s given bigger players a chance to load up. And there’s some data to back that up, reports show Cardano whales now hold about 67% of all ADA in circulation, the highest since 2020.
He also talked about Charles Hoskinson and the role he plays. His take is that Cardano is lucky to have someone with actual technical know-how steering the ship, especially as the ecosystem gears up for what’s next.
In his view, if Cardano executes better and sharpens its direction, it could really capitalize on new openings in DeFi and enterprise adoption.
What’s Driving the ADA Price This Month?
One of the biggest themes is the upcoming Van Rossum upgrade. The market has treated the upgrade as an important catalyst, helping push the ADA price higher alongside Bitcoin’s recovery. The broader crypto market has also improved, with the total market capitalization climbing to about $2.17 trillion.
Another major focus is the Midnight protocol. Midnight introduces a compliance-focused privacy layer that allows users to selectively reveal transaction data for auditing when necessary. Cheeky Crypto believes this feature could make Cardano more attractive for businesses, institutions, and regulated decentralized finance applications that require privacy without sacrificing compliance.
Whale accumulation continues supporting the bullish outlook. Large holders have steadily increased their share of ADA as retail participation weakened. Also, Cheeky Crypto expects regulatory clarity across the crypto industry and increasing real-world asset activity to encourage more developers and decentralized finance projects to build on Cardano, supporting higher network activity and total value locked over time.
Related Cardano News: ADA Price Eyes $0.20 as Cardano Stablecoin Market Grows 20% in One Week
Cardano Price Prediction: What Comes Next?
Cheeky Crypto thinks ADA might cool off after that big weekly rally before trying to push higher again. And honestly, the chart backs that up. ADA bounced from late-June lows around $0.14 and briefly touched the $0.19–$0.20 zone, but sellers showed up and pushed it back toward $0.18. That tells you $0.20 is the first real hurdle. If the ADA price can cleanly break above it, that would strengthen the bullish case and could open the door to $0.22, then $0.25 if buying volume keeps up.
But the bigger picture still depends on Bitcoin and Cardano’s own catalysts. Cheeky Crypto expects Bitcoin to hit a new all-time high later this year, maybe above $125,000, with the broader market peaking in 2027. If that plays out, and the Van Rossum upgrade, Midnight, and developer activity keep moving forward, ADA could extend its recovery over the coming months.
That said, if buyers lose the $0.17–$0.18 support zone, the ADA price could drop back to $0.15 before trying again. For now, the chart looks like a healthy reset after a strong run. The next big move probably comes once price reclaims $0.20.
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