$ADA What’s Next for the Ethereum Rival?

Cardano (ADA), often dubbed the "Ethereum killer," remains one of the most watched altcoins in the market. As of early June 2025, ADA is trading in a consolidation zone, with bulls aiming to defend key support around $0.45 while eyeing a breakout above $0.52.

On-chain activity has seen a modest uptick, fueled by growing interest in Cardano's smart contract capabilities and steady ecosystem development. Projects launching on the Cardano blockchain continue to expand, albeit at a slower pace compared to Ethereum or Solana.

Technically, ADA shows strength when holding above its 200-day moving average, suggesting accumulation rather than distribution. However, for ADA to regain momentum, it needs a catalyst — such as a major dApp launch, partnership, or regulatory clarity that benefits proof-of-stake protocols.

If Bitcoin stabilizes and the market sentiment improves, ADA could test the $0.60–$0.70 zone. Traders should watch for volume spikes and developer activity for signs of a sustainable rally.