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Cardano's ADA jumps 40% as 15,000 new wallets signal strong comeback before RealFi upgrade.

Market News
05 Jul 2026
The Currency Analytics
View Source
Bullish
pluang ai news

Cardano's ADA token surged 40% from its recent low, rebounding to $0.20 after a tough June marked by founder Charles Hoskinson's warnings and a price drop below $0.14. This recovery is notable as it outpaced most large-cap cryptos, supported by nearly 15,000 new ADA wallets indicating renewed retail interest. The surge is largely driven by anticipation of the RealFi Phase 1 Testnet upgrade, the largest in Cardano's history, expected to complete by July 6. This upgrade aims to enhance Cardano's network functionality and potentially boost real-world adoption, though market caution remains until the upgrade's impact is confirmed.

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