Quick Summary$ADA #HotJulyPPI
Cardano benefits from a mix of positive governance moves and technical momentum despite market volatility. Here are the latest updates:
Decline in Governance Position (August 15, 2025) – The foundation reconsiders and decides to fund vital infrastructure for developers.
Price Stability (August 15, 2025) – ADA challenges the market downturn and heads towards $1.50 thanks to technical updates.
Speculations about the ETF (August 15, 2025) – Grayscale's filings in Delaware boost hopes for ADA's institutional adoption.
Detailed Analysis
1. Decline in Governance Position (August 15, 2025)
Overview:
The Cardano foundation has changed its stance and agreed to allocate 605,000 ₳ (about $562,000) from the funding treasury to create a free content delivery network for native assets, after initial concerns about budget clarity. This service, used by Eternl and Vespr wallets, facilitates the delivery of non-fungible token (NFT) data and metadata across decentralized applications.
What does this mean?
This decision is positive for ADA as it removes financial barriers for developers, especially small teams, and tests the effectiveness of decentralized governance. The foundation described this funding as a 'strategic investment' to gather data that helps develop long-term infrastructure solutions (Bitcoinist).
2. Price Stability (August 15, 2025)
Overview:
ADA's price rose by 17% over the week to reach $0.93, making it the only currency among the top 50 cryptocurrencies to gain during a $1.05 billion liquidation wave. Analysts point to a confirmed breakout from a 9-month downtrend channel, with a price target between $1.50 and $1.80.
What does this mean?
This rise reflects strong network activity (2.6 million transactions daily) and low fees (average $0.12). Updates like Hydra (which provides processing capacity of up to a million transactions per second) and zero-knowledge smart contracts support this optimism. However, failing to maintain support between $0.80 and $1.00 could lead to profit-taking (NewsBTC).
3. Speculations about the ETF (August 15, 2025)
Overview:
Grayscale has filed registration applications in Delaware for ETF products specific to ADA and HBAR, similar to the pre-approval process it followed with Bitcoin and Ethereum products. ADA's price rose by 17% after the announcement, and open futures volume on Binance increased by 26%.
What does this mean?
While this is not an official request for an ETF, it indicates institutional preparations. Approval from the U.S. Securities and Exchange Commission (SEC) remains uncertain, but classifying ADA as a 'mature blockchain' under the CLARITY Act enhances its prospects. ADA may witness success similar to Ethereum, which achieved a 48% monthly increase after the ETF launch (Cointribune).
Summary
Cardano's week hinges on governance resilience, technical updates, and ETF speculation. Continued closing above $1.02 needs to be monitored to confirm the bullish momentum, while regulatory clarity regarding Grayscale's application could redefine ADA's institutional presence. Will the anticipated airdrop from Midnight (November 2025) increase retail investor interest alongside these developments?
