Cardano (ADA) Daily Market Analysis 07 July 2026

Cardano (ADA) shows strong weekly gains driven by wallet growth and protocol upgrades – here's the latest: • ADA trades at $0.1832 (7 July 2026), up 26.89% weekly despite 2.96% daily pullback • 14,783 new non-empty wallets added since 23 June bottom, signaling renewed accumulation • Whale wallets now control 67% of ADA supply – highest concentration since 2020 • Leios scaling upgrade and Van Rossem hard fork remain key catalysts for bullish sentiment • 98% of Coinbase users buying ADA, with resistance at $0.19 and support near $0.17