Cardano's ADA token has experienced a remarkable 38% surge in Q3 2025, reversing its previous quarterly declines of 21.7% in Q1 and 13.5% in Q2. This impressive rally comes amidst growing concerns about the ecosystem's development and a high-profile investor's threat to block future network upgrades. A prominent whale, known as "Cardano Whale," has pledged to veto all upcoming Input Output Global (IOG) proposals, citing years of unmet promises. With substantial voting power, this stance could potentially disrupt the network's progress. Despite these challenges, ADA's price performance demonstrates strong market confidence, highlighting the cryptocurrency's resilience in the face of internal conflicts. The situation presents a fascinating case study in decentralized governance, where large stakeholders can significantly influence a project's direction while the market continues to price in long-term potential. As of July 2025, the Cardano ecosystem stands at a crossroads, balancing between technical progress and community governance challenges.
Cardano Price Jumps 38% in Q3 Amid Whale Controversy
Cardano's ADA token has surged 38% in Q3 2025, marking a sharp reversal from its 21.7% Q1 and 13.5% Q2 declines. The rally comes despite mounting concerns about ecosystem growth and a high-profile investor threatening to block network upgrades.
A whale known as "Cardano Whale" has vowed to veto all future Input Output Global (IOG) proposals, citing years of unfulfilled promises. With significant voting power, this stance could disrupt Cardano's development roadmap during a critical growth phase.
The blockchain continues to lag competitors in key metrics. Its $366 million TVL pales against Ethereum's $81 billion and Solana's $10 billion. Cardano's deliberate avoidance of meme coins and AI trends has preserved its research-focused identity but raised questions about mainstream adoption potential.
Cardano (ADA) Tests Key Support Levels as Dip Buyers Emerge
Cardano's ADA retreated to $0.80 following a 15.7% surge triggered by Grayscale's ETF application filing on July 22nd. The pullback reflects profit-taking after the token reclaimed the $0.85 resistance level for the first time in months.
Technical indicators suggest bullish momentum remains intact, with ADA holding above critical support at $0.74-$0.75. Trading volume remains elevated at $242.2 million on Binance despite the 2.77% daily decline. The RSI at 60.13 indicates neutral conditions, leaving room for further upside.
Resistance at $0.94 looms as the next major target, with potential for movement toward the psychological $1.00 level. The 37% July rally has fundamentally shifted ADA's technical structure, with all major exponential moving averages turning bullish for the first time in months.