Overview
- ADA staged a sharp short‑term bounce, rising roughly 31% over seven days and touching $0.199 on July 5 before pulling back to about $0.18–$0.19.
- On‑chain data from Santiment shows the network added 14,783 new non‑empty ADA wallets after the June 23 price bottom, signaling fresh retail participation.
- Chain analysis recorded outsized transfers and an increase in the 10M–100M ADA wallet cohort’s share of circulating supply, consistent with large‑holder accumulation during the selloff.
- Futures and derivatives paint a mixed picture: open interest spiked to about $515 million, funding rates flipped positive, but the long‑to‑short ratio remains near 0.68, showing divided trader bets.
- Key risks and catalysts include Charles Hoskinson’s ongoing DAO audit, the Leios Musashi Dojo testnet and a planned Leios mainnet push later in 2026, plus weak on‑chain liquidity with TVL down roughly 68% year‑over‑year.