Cardano (ADA) Records Project Surge: Strong Signal for Price Increase in June 2025?

Jakarta, Pintu News – Cardano (ADA) recently announced a significant increase in its network activity, with a total of 2,004 projects under construction on the blockchain.

With this upgrade, Cardano shows great potential in the crypto ecosystem, especially in the development of Non-Fungible Tokens (NFT) and smart contracts. This upgrade not only shows the growth of the technology, but also the potential for future ADA price increases.

Project Expansion and NFT

Of the total projects under development, 820 of them focus on the use of NFTs. In addition, there are 1,184 other projects also related to NFTs, with an increase in the number of wallets delegated by 0.04% in a week, reaching 1.33 million.

In the same period, 10.83 million native tokens and 216,879 active token policies were recorded. This shows that Cardano is increasingly becoming the center of innovation for NFTs. In the same week, the number of Plutus scripts reached 138,365, with Aiken scripts totaling 7,213.

The number of transactions on Cardano increased by 0.20% from the previous week to 110.43 million. The number of delegated representatives (DReps) also increased by 0.44%, to 1,352. This increase signifies the steady growth and wide adoption of Cardano’s technology.

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Technology Updates and Scalability

In terms of smart contracts, the Plutus Core team has completed the case analysis for booleans and integers. This allows developers to implement alternative evaluators. On the other hand, the Hydra team has completed the final security check for deposit logic. This shows Cardano’s commitment to ensuring security and efficiency in transactions.

The Mithril team has also launched a pre-release version of the 2524.0-pre distribution, while the Leios team focused on formal methods, infrastructure, and large-scale network simulations. Simulations performed using a new pseudo-mainnet topology with 10,000 nodes showed some performance bottlenecks, especially on Haskell simulations and Rust versions that are higher in transactions per second (TPS).

Strategic Partnerships and Market Influence

Charles Hoskinson, co-founder of Cardano, has proposed converting 140 million ADA into USDM to address liquidity supply challenges on the network. A successful implementation of this is expected to generate non-inflationary income for the cash and strengthen the digital economy.

Hoskinson also indicated his willingness to lead several promising strategic partnerships, including the integration of Ripple (XRP) decentralized finance on the network. Nasdaq’s decision to include ADA in the US Crypto Settlement Price Index (NCIUS) gave Cardano a major boost.

Currently, ADA is trading at $0.63 after experiencing a 4% drop in the last 24 hours. However, with all these developments, analysts predict that the price of ADA could jump up to $3 in the near future.

Conclusion

With various developments and continuous improvements, Cardano is showing potential not only technically but also in influencing the crypto market globally. The rise in the number of projects and technological improvements promise a bright future for ADA, which may soon witness a significant price spike.

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Reference

• Crypto News Flash. 2000 Projects Now Building on Cardano – Bullish Signal for ADA Price. Accessed on June 16, 2025
• Featured Image: FxMag