Cardano’s native asset has weathered the boom-and-bust cycles of crypto with dramatic swings: an all-time high of US $3.10 in September 2021, a 2025 seasonal top of 0.80 USDT in February, and a sharp plunge to 0.58 USDT in April. As of 13 June 2025, ADA price today on Gate has recovered to US $0.669, reflecting a 12% bounce powered by macro relief and anticipation of the Chang upgrade.
Daily spot turnover above US $400 million—35% higher than Q1—underscores rising participation, while bid-ask spreads hover near 0.15%, indicating deep liquidity. The 100-day moving average near 0.65 USDT has absorbed three pullbacks, reinforcing buy-the-dip sentiment. Gate traders can also stake ADA through Gate Earn at roughly 3.5% APR and collect GPT points via Staking Power-Up, creating dual yield streams.
May 2025 CPI printed at 3.1% year-on-year, below forecasts, reinforcing market expectations of a Fed pause and weakening the dollar. Bitcoin’s resilience above US $107 k fuels spot ETF inflows of roughly US $160 million per day, capital that often rotates into high-staking tokens like ADA.
Scheduled for Q3 mainnet, the Chang upgrade hands treasury control—currently 1.4 billion ADA—to on-chain governance, completing Cardano’s Voltaire era. Parallel work on Mithril roll-ups targets throughput above 1,000 TPS at fees under 0.0002 ADA, a fiftyfold cost edge over Ethereum L1. Such efficiency is a critical lure for DePIN, NFT-Fi, and blockchain gaming projects.
EMURGO Ventures’ US $50 million accelerator is drawing builders; 28 NFT-Fi projects and three synthetic-liquidity protocols announced moves to Cardano in Q2. Total Value Locked has climbed to US $750 million—up 35% year-to-date—and could surpass US $1 billion post-Chang if a “DeFi Summer 2025” mirrors 2021’s liquidity boom.
A golden cross on 27 May saw the 50-day moving average rise above the 100-day. With RSI near 57, momentum remains neutral-to-bullish. Sustained closes above 0.68 USDT would validate a bullish flag targeting 0.74 USDT, whereas failure to defend 0.645–0.65 could lead back to 0.60 USDT.
Macro risk: A hawkish Fed pivot or a breakdown in Bitcoin below US $100 k could sap liquidity and drive ADA toward 0.55 USDT. Execution risk: Delays in the Chang upgrade or sluggish TVL growth may diminish developer enthusiasm; Cardano also contends with Solana and rapidly maturing zk-EVM roll-ups.
Base case: Chang ships on schedule, TVL reaches US $1 billion, and ADA gravitates toward 0.85 USDT while Bitcoin holds above 120 k. Bull case: Mithril roll-ups attract GameFi and DePIN capital, TVL tops US $1.5 billion, and ADA challenges the US $1 mark. Cautious case: Upgrade slippage and a risk-off macro climate drag ADA back to long-term support near 0.50 USDT.
At ADA price today of US $0.669, Cardano offers a balanced risk-reward profile underpinned by Layer-2 expansion and robust staking yields. Success, however, hinges on macro stability, timely execution of the Chang roadmap, and sustained TVL inflows. This article is informational and not investment advice. Assess your own risk tolerance before trading or staking ADA on Gate, and leverage Gate Earn and derivatives to navigate market swings.