Once again, Cardano (ADA) price charts are starting to lean bullish following a month of sideways action between $0.70 and $0.90. Still, it’s not just the technical analysis side of things looking good for the ADA price prediction. Social sentiment is increasing, search trends are rising, and several analysts are highlighting ADA’s structure as one that could lead to a broader reversal.
The increase in sentiment around Cardano has been boosted by recent news of a community agreement to spend $71 million from the treasury on upgrades to the network.
The Cardano community just made history.
For the first time ever, core development funding has been directly approved by the community – ushering in a new era of decentralized governance.
Thank you all for your support. This is more than a vote of confidence, it’s a shared…
— Input Output @ Rare Evo (@InputOutputHK) August 2, 2025
ADA Price Prediction Boosted By News Of $71M Injection Into The Cardano Network
Cardano’s core development team has received approval to be paid 96 million ADA from the treasury to implement proposed upgrades to the network. Input Output Global (IOG), Cardano’s main development team, submitted a proposal for the equivalent of $71 million in ADA, which passed with 74% in favor, representing 200 votes, with six against and seven abstaining, according to the governance action.
The 12-month development plan aims to improve scalability, enhance the developer experience, and increase interoperability. Funding will be milestone-based, with the Cardano member-based organization Intersect acting as an independent administrator.
As stated by the IOG, payments will be released as upgrades are delivered, with additional oversight provided through smart contracts and a dedicated committee. The IOG is required to publish monthly updates, engineering timesheets, and quarterly budget breakdowns.
Key projects included in the IOG proposal are Hydra, a protocol designed for fast, low-cost transactions, and Project Acropolis, which aims to modularly re-architect the Cardano node for greater flexibility and easier onboarding of new core developers.
According to blockchain research firm Messari, Cardano’s average transaction cost is 0.34 ADA, and its average block time is 20 seconds. Additionally, IOG is focused on lowering RAM usage and reducing operational costs for stake pool operators through performance optimizations, as well as implementing the technical foundations for more advanced smart contracts and seamless interoperability.
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Cardano Google Searches On The Rise, Signalling Renewed Retail Interest
(SOURCE)
Cardano is currently showing signs of a V-shaped recovery on the charts. This positive sentiment is evident in its price movements and is also reflected in search data. Google Trends shows increased searches for terms like ‘Cardano price’ and ‘ADA price prediction’, indicating a growing interest among retail investors.
Such upticks in organic curiosity often signal the early stages of broader market participation, particularly when combined with a strengthening market structure.
The timing is particularly favorable. ADA has successfully rebounded from its accumulation zone, and social metrics are beginning to reflect this momentum.
When on-chain setups and technical indicators align with increasing retail interest, it’s often a sign that a quiet recovery is transitioning into a more pronounced breakout potential.
Notably, ADA has demonstrated resilience within the $0.70 to $0.76 range, forming higher lows monthly while remaining above key trend-level support.
Cardano Price Prediction: Monthly Accumulation Could Open Path Toward $1.50+
Cardano $ADA is showing the same price structure as the last cycle, only this time, it’s unfolding more gradually. And it feels like we’re right at the beginning of an explosive move. pic.twitter.com/xbg3phaz6x
— Ali (@ali_charts) August 1, 2025
Historically, when the price consolidates above the monthly exponential moving average (EMA) with a flat structure and any downside liquidity has been cleared, the rate of increase can accelerate quickly. This is especially true when combined with renewed retail interest and favorable market sentiment.
Currently, the immediate focus is on reclaiming the $1.50 level. If momentum continues to build, a target of $3.00, last seen in the 2021 bull cycle, looks increasingly likely.
Cardano’s V-shaped recovery from the lows of $0.66 is more than just a relief bounce; it is beginning to resemble a potential shift in market structure. With the price reclaiming key levels and on-chain metrics, such as search interest, rising rapidly, momentum seems to be gaining strength on multiple fronts.
If ADA can break through the $0.76 resistance and maintain the mid-range structure, the short-term price prediction for Cardano of $0.88 could be achieved sooner than expected.
In the longer term, the clean consolidation above the monthly moving average and continued accumulation in the $0.70 to $0.76 range adds further support to bullish expectations.
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