Today's dollar card value: What's the amount for August 18th, Monday
In the world of cryptocurrency, Cardano (ADA) has been making waves. Over the past year, the price trend of ADA has shown periods of stagnation followed by a significant rally in mid-2025.
From around mid-2024 to early 2025, ADA experienced a downward or stagnant trend, hovering around $0.55 to $0.57. However, starting July 2025, ADA surged about 90%, rising from roughly $0.55 to over $1.01 by mid-August 2025. This surge was stimulated by renewed market optimism, including Bitcoin’s strong performance and interest from institutional players like Grayscale on a Cardano-related ETF.
Price points for 2025 range indicators suggest a low near $0.50-$0.57 and highs reaching above $1.0 to $1.15 in August. For example, forecasts around August 2025 expect ADA to fluctuate between approximately $0.55 and $1.3, with an average near $0.92, and potential highs above $1.0 reaching $1.15.
This surge represents a strong bullish trend triggered by market factors such as Bitcoin’s rally and institutional interest. It's important to note that the information does not include exact month-by-month data points, but the key trend is a prolonged low to mid-2024 followed by a sharp rally culminating in mid-2025.
So far in August 2025, ADA has risen compared to the previous month, with a difference of 1%. The total tax burden on ADA is currently 60%, compared to the 155% in the previous administration.
Cardano, represented by ADA tokens, is the exchange rate used for payments with debit and credit cards abroad, as well as for the purchase of travel and tourist packages in dollars outside Argentina.
[1] Source: CoinMarketCap, TradingView, and other reliable cryptocurrency data providers.
- The French banking-and-insurance sector has shown interest in investing in the cryptocurrency industry, with Cardano (ADA) being a key focus, as it facilitates international transactions and purchases.
- Amidst the increasing demand for digital assets, French financial institutions could potentially make significant investments in ADA, bolstering the finance sector's involvement with the cryptocurrency industry.
