币界网报道:Cardano (ADA) is showing signs of a potential bullish breakout by July 2025, driven by key ecosystem developments and technical indicators. Analysts highlight ADA's current consolidation phase, with the price hovering around $0.45, as a precursor to significant upward movement. The upcoming Chang hard fork, expected in Q2 2024, is a major catalyst, introducing decentralized governance through Voltaire and enhancing scalability. Additionally, Cardano's growing DeFi ecosystem, with Total Value Locked (TVL) surpassing $400 million, underscores increasing adoption. Technical analysis reveals ADA forming a descending wedge pattern, a bullish reversal signal, with potential targets near $0.80 if resistance levels break. Institutional interest is also rising, with Grayscale's Cardano Trust trading at a premium, reflecting strong demand. Meanwhile, Cardano founder Charles Hoskinson continues to advocate for the network's long-term vision, emphasizing its peer-reviewed research and sustainable growth. Market sentiment remains optimistic, with ADA's Relative Strength Index (RSI) indicating oversold conditions, suggesting a rebound. As the broader crypto market recovers, Cardano's focus on scalability, governance, and DeFi could position ADA for substantial gains by mid-2025.