Cardano surges 13% in Q2 as institutional interest and development activity boost bullish outlook.

Cardano (ADA) has risen over 13% in Q2, outperforming Ethereum and marking its strongest quarterly gain since Q1 2025. This price surge is supported by increased bullish positioning among traders and a strategic allocation shift by Grayscale's Smart Contract Fund, which raised its ADA exposure while reducing Ethereum. The growth aligns with Cardano's expanding development activity, including a rise in validator count and contract deployments, signaling stronger network fundamentals. These factors suggest the market may be repricing ADA for sustained long-term growth rather than a short-term rally.