The price of ADA has maintained an upward trend since 10/03/2025. It is currently trading at $0.74, with this altcoin having increased in value by 10% since then.
This recovery is taking place against the backdrop of increased network activity, with the number of new addresses and daily active addresses recording growth during the period under review.
Cardano's network activity strengthens
On-chain data has revealed a steady increase in demand for ADA over the past week, reflected in the rise in the number of daily active addresses. According to IntoTheBlock, this figure has increased by 12% in the past seven days, indicating a steady increase in the upward price trend for ADA.
This trend shows that there has been an increase in the number of daily addresses that have completed at least one transaction related to ADA in the past week.
ADA network activity. Source: IntoTheBlockThis is a bullish trend, as it reflects an increase in the adoption of the Cardano network and new investor interest in the ADA token. If sustained, this would reflect the fundamental strength of the network, supporting further price appreciation.
Furthermore, there has been a recovery in new demand for ADA during the period under review. According to IntoTheBlock, the number of new addresses created to trade ADA has increased by 4% in the past seven days.
ADA network activity. Source: IntoTheBlockThe increase in new demand means that more investors or users are entering the ADA market, increasing buying pressure and pushing its price higher. This reflects positive sentiment towards the altcoin and suggests further price appreciation.
ADA targets $0.82 as buying pressure intensifies
On the daily chart, the Chaikin Money Flow (CMF) of ADA has crossed above the zero line, confirming increased demand for the coin. At the time of writing, this momentum indicator is in an uptrend at 0.01.
CMF measures the flow of money in and out of an asset. When it is above the zero line, it indicates that buying pressure is dominant, with increasing demand and bullish momentum in the market. If this trend continues, ADA could continue its upward trajectory and climb to $0.82.
ADA price analysis. Source: TradingViewConversely, if profit-taking persists, the coin could lose its recent gains and potentially break below the $0.72 support level. In this scenario, ADA's price could drop to $0.60.
