On July 2, 2025, Ethereum and Cardano experienced healthy price rebounds with a 5% and 9% gain, respectively. This follows a calm week in the crypto market and brings some relief to traders and long-time investors. The price recovery saw the two coins return to price levels last witnessed ten days ago. The increase in prices was not the sole positive trait. Santiment data revealed that there’s still active development going on in both Ethereum and Cardano. Developer activity tends to indicate the long-term strength of a project. It is usually regarded by traders as a sign that the price will go up further in the future. The development team at Ethereum is ranked the 13th most active on GitHub. That implies that they are still rolling out enhancements and conducting tests. Due to increasing interest in scaling and Layer-2 networks, the current development activity in Ethereum can be encouraging. The developer activity is even stronger in the case of Cardano. Cardano development momentum enhances trust This project appears in the 4th position among the most active GitHub teams. This helps Cardano achieve its goal of becoming a long-term, research-driven project with real-life applications. The high developer impetus can make more institutional investors trust the platform, especially where transparency and consistent development are required. Trading volumes also tend to increase whenever large-cap cryptocurrencies such as ETH and ADA experience a sharp price recovery. The higher the activity, the better the price movement and short-term profit. The fact that such rebounds are associated with high activity from developers gives traders additional confidence. Ethereum and Cardano do not gain popularity due to hype. They have great teams that develop actual products and solutions. Holding assets that experience steady growth in value helps limit long-term risk. The developer metrics and price rebound timing are also noted in the Santiment chart. The interconnection between the two factors can be beneficial to traders and help them understand market patterns better. Such a rebound has more than just higher prices to offer. It’s a sign that core teams are still focused on improving their platforms. That can be more important than short-term market noise. Beyond development activity, Ethereum is also attracting institutional interest. Bitwise CIO Matt Hougan has predicted that inflows into the cryptocurrency’s ETFs could reach $10 billion in the second half of this year. Meanwhile, a recent analysis showed that ADA rebounded from a low of $0.536 and rose above $0.559 despite forming a death cross on its hourly chart. The formation of this pattern was supposed to be bearish for the cryptocurrency.
Warning: New Virus Detected That Drains Cryptocurrency Wallets – Here’s the Culprit Software and What to Do About It
2 hour ago
NEAR Protocol Surges 10% Before Profit-Taking Halts Rally
2 hour ago
ATOM Consolidates as Bitcoin Takes Driving Seat, Finds Support at $4.20
3 hour ago
OpenAI Slams Robinhood’s “Fake Equity” Tokens
3 hour ago
Whale Purchase That Started the Great Rally in Ethereum in May Has Started! "$754 Million ETH Purchase Has Arrived!" Will the Same Rise Happen?
3 hour ago
BTC liveliness in 2025 shows a trend of accumulation
3 hour ago