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Cardano Network Activity Surges Past 111 Million — Will ADA Follow With a Price Spike?
The Cardano weekly development report dated July 4, 2025, has confirmed that total transactions within the week increased to 111 million, representing a 0.2% growth from the previous week. Within the period, Smart Contract deployments significantly increased with about 138,996 Plutus scripts and 7,682 Aiken scripts going live on the network.
More About the Cardano Report
Reviewing the report, we found that the number of delegated representatives (DReps) has increased to 1,377%. In terms of developer engagement, GitHub Commits recorded a 27% surge to 259. In the previous report reviewed by CNF, the GitHub commits were around 278.
Apart from this, several updates were recorded within the ecosystem with the ledger team defining the “PlutusV4 for the Dijkstra era.”
Under scaling, the Mithril team successfully implemented the publisher and consumer for the DMQ network. According to the report, they also completed the “stabilization of the Cardano database v2 backend” in the “Mithril client CLI and library”. The Leios team conducted an experiment to examine protocol variants, bandwidth requirements, and conflict handling.
Additionally, the Leios team finished the comprehensive analysis of “nine candidate Leios variants” using different sharding strategies. Fascinatingly, the Catalyst Team is reported to be just a few town halls away from reaching the 200 milestone.
The upcoming virtual pre‑accelerator is expected to provide masterclasses on several topics, including pitch coaching, customer delivery, etc. It would also provide mentorship from Web3 experts and Techstars while establishing global networking with “investors, founders, and ecosystem leaders.”
Update on the Education Team and Other Projects
For the Education team, they used the week to assess the feedback received from the Cardano Days event at the Institute of Science, Tokyo. This has become necessary as they prepare for the next event, which is expected to kick off in September at the Wyoming Blockchain Stampede. Apart from this, the education team is reported to be working on the Cardano Education Program (CEP) and Mastering Cardano.
Reacting to these, ADA has also surged by 0.5% in the last 24 hours and 2% in the last seven days to trade at $0.57. If this momentum is sustained, the asset could recapture the $0.6 resistance level. However, this could also be tough as the daily trading volume sees a 25% decline.
In the last few weeks, Cardano has recorded multiple groundbreaking milestones, including the rolling out of a full Bitcoin mainnet integration in the Lace wallet, as detailed in our earlier coverage. According to Lace’s General Manager, Brandon Wolf, this is a significant move towards its preparation for the future of blockchain.
As indicated in our previous blog post, XRP could be the next asset to be supported by the wallet. To also improve the liquidity of ADA and create long-term sustainability, the project’s co-founder Charles Hoskinson has proposed to use $100 million worth of ADA from its treasury to buy Bitcoin, as also explained in our last publication.
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