TLDR
- ADA has rallied nearly 60% over the past month, now trading around $0.87 with $2.4 billion in 24-hour volume
- The price is approaching the crucial $1.00 psychological resistance level that has acted as key support and resistance for years
- Apple Pay integration will give ADA access to over 550 million users globally, boosting real-world utility
- Market dominance has reached 0.83%, matching levels seen before the 2021 rally in a potential fractal pattern
- Technical analysis shows volume gaps above $1.30 that could accelerate price movement toward $2.10
Cardano is experiencing renewed strength as it approaches a critical price level. The cryptocurrency has gained nearly 60% over the past month, bringing it within striking distance of the $1.00 mark.
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Cardano (ADA) Price - Current trading data shows ADA at approximately $0.87 as of July 22, 2025. Daily trading volume has exceeded $2.4 billion, indicating strong market participation.
The $1.00 level has served as both support and resistance throughout the past two years. Breaking above this psychological barrier could trigger increased buying pressure from retail and institutional investors.
Technical analysis reveals ADA has reclaimed the $0.81 resistance level. This recovery represents a strong bounce from June lows near $0.57, establishing a pattern of higher lows.
For Cardano $ADA, hitting $1 isn’t a question of if. It’s a matter of when! pic.twitter.com/4sJONaNQb7
— Ali (@ali_charts) July 21, 2025
Apple Pay Integration Expands Utility
TapTools has confirmed that ADA will soon integrate with Apple Pay. This development could expose Cardano to over 550 million users globally.
BREAKING: Cardano $ADA payments are coming to Apple Pay, unlocking access to over 550 million users worldwide. pic.twitter.com/EFYON51JdF
— TapTools (@TapTools) July 21, 2025
The integration represents a step forward in real-world cryptocurrency adoption. Users will be able to spend ADA through Apple’s payment system across participating merchants.
The timing coincides with ADA’s technical breakout attempt near $1.00. Fundamental developments often amplify price movements when they align with technical patterns.
Open Interest has reached a record $1.66 billion, reflecting growing trader optimism. This metric measures the total value of outstanding derivative contracts and indicates market engagement.
Whale accumulation has increased during the recent rally. Large holders appear to be adding to their positions, suggesting institutional confidence in ADA’s prospects.
Volume Analysis Points to Acceleration Zone
Volume profile data shows concentrated trading activity between $1.10 and $1.30. This range could act as temporary resistance due to the density of historical trades.
Above $1.30, trading volume thins out dramatically. This “volume gap” extends toward $2.10, creating less resistance for rapid price movement.
Cardano $ADA to explode 🔥🔥
“If $ADA breaks $1.30, it will explode to $2.10″ @IMTYLERBURKE pic.twitter.com/675Hz8YTRq
— Mr Banana (@D_realMrBanana) July 21, 2025
The volume structure suggests ADA could move quickly once it clears the $1.30 level. Lower volume zones typically offer less resistance to price advancement.
Market dominance analysis reveals ADA has reached 0.83% of total cryptocurrency market cap. This level matches where Cardano stood in mid-2020 before its 2021 rally.
The fractal pattern shows similar dominance levels, consolidation periods, and technical indicators. If history repeats, this could mark the early stages of a larger price cycle.
Weekly chart analysis indicates ADA is breaking out of a long-term accumulation zone. The price has moved above major exponential moving averages on the weekly timeframe.
Can ADA get up here again? pic.twitter.com/SfTrAVMWcq
— Dawson Allen (@ddawsoncrypto) July 19, 2025
Recent regulatory developments have provided additional support. The SEC approved a Grayscale ETF featuring Cardano, lending institutional legitimacy to the asset.
Cardano’s integration with the Brave browser has increased visibility and utility. The partnership expands ADA’s reach within the cryptocurrency ecosystem.
The upcoming launch of Hydra scaling solution is expected to increase transaction throughput. This technical upgrade could strengthen Cardano’s position as a scalable blockchain platform.
ADA is trading around $0.87 with $2.4 billion in 24-hour volume, representing a 60% monthly gain as it approaches the critical $1.00 resistance level.
Final Thoughts
Cardano price continues to show strength as it nears the critical $1.00 resistance level, driven by technical breakout and the integration of Apple Pay. With growing whale accumulation and increasing market participation, the outlook for Cardano remains bullish, with potential for further gains once the $1.00 barrier is broken.
