Cardano’s $48 Million Inflow: Is ADA’s 26% Rally a Hilarious Bull Trap?

Cardano [ADA] has continued its rally, gaining 2.87% in the past 24 hours and bringing its weekly rise to 26.86%.

Cardano [ADA] has continued its rally, gaining 2.87% in the past 24 hours and bringing its weekly rise to 26.86%.

At the time of writing, the Bitcoin price trades around $118,800, with a 2% gain over the last 24 hours and a 9% gain over the past week, according to data from CoinGecko. In stark contrast, Ethereum, XRP, and Dogecoin have seen gains north of 16% on similar timeframes, a testament to the ever-shifting tides of fortune in the crypto world.

U.S. inflation, that ever-present specter, picked up for the second straight month in June 2025, with the Consumer Price Index (CPI) reaching 2.7%, the highest since February. One might say, inflation, like a stubborn guest, refuses to leave the party. 🎉

Meanwhile, Bitcoin is holding its ground above critical support levels after recently setting a new all-time high of $123,200 and retracing to key demand near the $116,000–$118,000 zone. Despite the pullback, the broader trend remains bullish, with the price structure intact and support levels being defended by buyers. It’s like a game of tug-of-war, but with a lot more zeros. 💰

After reclaiming the mid-range at $15.90, LINK has been on a roll, forming higher lows and highs. At press time, it’s sitting pretty at $16.59, just teasing that resistance level like an overconfident teenager at prom.

Ethereum Name Service [ENS] soared 18.2% to reach a 5-month high of $26.76, breaking out from its long-standing downtrend. 📈

Ah, Ripple recognizes the treasure trove of opportunity awaiting them with this newfound blessing. The company has deftly crafted its RLUSD stablecoin to adhere to the GENIUS Act’s proposed rules—because who wouldn’t want to play nice with the regulators?
Apex Fusion, a protocol so deeply rooted in Cardano’s open-source ethos that it might as well be a branch of the great tree itself, has found a worthy ally in Well-Typed, a company that has been a cornerstone of ADA’s native blockchain since the dawn of the Byron Era. Together, they embark on a quest to enhance VECTOR, an institutional-grade implementation of the Cardano codebase, a project as ambitious as it is necessary.

Analysts, or as they prefer to be known, “The Keepers of the Charts,” have highlighted bullish structures forming across 15-minute, 4-hour, and daily charts. With BNB price reclaiming critical short-term levels, the asset is now eyeing $800 and potentially $1,000 as part of its next major impulse. It’s like the crypto equivalent of a Hitchhiker’s Guide to the Galaxy, but with more charts and less towels.
The Blockchain Association, nestled in the political sanctum of Washington, D.C., is as much the heart of the American crypto scene as a cat is to a warm sunbeam. Comprising illustrious investors and pioneering blockchain firms, its noble purpose is to navigate the treacherous waters of digital asset regulations. A motley crew, indeed, united in the belief that perhaps, just perhaps, collaboration with those in power could yield progress—or at the very least, some entertaining debates over coffee. ☕️