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  • Cardano Hits 111M Transactions as ADA Eyes Breakout Past $0.67
  • Analysis
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Cardano Hits 111M Transactions as ADA Eyes Breakout Past $0.67

Jane Kariuki 7 July 2025
Cardano
  • Cardano has topped 111 million transactions with seven years of uninterrupted uptime.
  • ADA is gaining bullish support, with 62% staked and a $1.32 target in sight.

Cardano has reached a landmark moment with over 111 million transactions recorded on its network—yet another sign that the blockchain continues to thrive amid industry fluctuations. Beyond just high transaction volume, Cardano has also maintained seven consecutive years of uninterrupted uptime, setting it apart from many competitors in the space.

Another week, another Cardano development update, now live on Essential Cardano. Check this week’s highlights and get the latest on core technology, wallets and services, smart contracts, and scaling and governance developments.https://t.co/pK08jmUYow pic.twitter.com/FTD0Ei09kF

— Input Output (@InputOutputHK) July 4, 2025

Growing Ecosystem with Over 2,000 Projects

Currently, more than 2,000 projects are actively building on Cardano. GitHub data shows a 27% rise in developer activity, affirming the network’s growing traction among builders. In particular, 138,996 Plutus and 7,682 Aiken smart contract scripts are already deployed, showing that Cardano’s capabilities are being utilized extensively.

There are now 1.33 million delegated staking wallets, and over 22 billion ADA—62% of its circulating supply—has been staked. These numbers reflect the confidence the community has in ADA’s long-term potential.

Brave now has over 91 million monthly active users! 🚀 https://t.co/pLTRGrylVI

— Brave (@brave) July 3, 2025

ADA Price Targets and Bullish Forecasts

Cardano is currently trading at around $0.57, but technical analysts are eyeing a breakout. Market watchers say that if ADA clears resistance at $0.67, it could rise toward $0.83 or even $0.91. Prominent analyst Lucky Luciano predicts that if ADA reclaims its November 2023 highs, it may reach $1.32. CoinCodex’s long-term model also projects a price range of $1.18–$1.31 by December 2027.

$ADA is screaming for higher levels. pic.twitter.com/wkcvXKOWC1

— Lucky (@LLuciano_BTC) July 3, 2025

With bullish sentiment now at 93.8% on CoinMarketCap and major historical resistance levels in sight, ADA could be on the verge of a breakout rally.

Project Acropolis to Revolutionize Cardano dApps

A significant development underway is Project Acropolis, launched in late 2024. This tool allows developers to build decentralized applications directly within the Cardano node, removing past technical hurdles. It aims to simplify development and increase accessibility for newcomers and experienced devs alike.

As Project Acropolis matures, it may drastically lower the barrier to entry for dApp creation, potentially attracting more innovation to Cardano’s already growing ecosystem.

Cardano’s sustained performance, massive transaction count, expanding developer base, and rising investor confidence signal a promising trajectory. If the current trends continue—and with technical upgrades like Project Acropolis in the pipeline—ADA could be gearing up for a powerful run in the crypto space.

DISCLAIMER:
The views and opinions expressed herein are solely those of the author  and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.

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