As of 10 a.m. Eastern Time on July 29, 2025, the real-time quote of ADA Cardano against the Canadian dollar (ada cardano price cad) was CAD 0.3202, with a 24-hour trading volume of CAD 93 million, down 1.6% from yesterday. According to CoinGecko’s data monitoring, the current market capitalization of Cardano remains at 11.3 billion Canadian dollars, ranking 8th on the cryptocurrency list. Over the past 7 days, its price has fluctuated between 0.305 and 0.335 Canadian dollars, with an amplitude of 9.8%. Technical indicators show that the key support level is at CAD 0.315 (30-day moving average), the resistance level is CAD 0.328 (Fibonacci 61.8% retracement level), and the current Relative Strength Index (RSI) is 52, which is in the neutral range.
In terms of market supply and demand, data from Bitbuy, a leading Canadian exchange, shows that the ADA/CAD trading pair accounts for 12.7% of the total trading volume on the platform, and the bid-ask spread in the order book has narrowed to 0.15%, reflecting a deep improvement in liquidity. In the derivatives market, the premium rate of ADA quarterly futures on the Deribit platform rose to 3.2%, the volume of open interest increased by 17% to 84 million Canadian dollars, and the proportion of open interest in call options reached 63%. This phenomenon is corroborated by the enhanced on-chain activity: Messari’s report indicates that the average daily transaction volume of Cardano has exceeded 92,000, an increase of 15% compared to last month, and the weekly trading volume of the decentralized exchange Minswap has soared by 38% to 47 million Canadian dollars.
The macro environment has a significant impact. The Bank of Canada maintained the benchmark interest rate at 4.75% this month, and the Canadian dollar depreciated by 1.8% against the US dollar month-on-month, which has driven local investors to allocate crypto assets to hedge against inflation. The demand for tax compliance has stimulated growth. Chainalysis’s report shows that Canada’s cryptocurrency fiat currency imports increased by 22% quarter-on-quarter in Q2. Among them, the number of Cardano holding addresses in Canada rose by 9.4% to 860,000. In terms of regulatory dynamics, the new regulations of the Canadian Securities Authority (CSA) require exchanges to retain 20% of customer assets as reserves. The institutional-level custody solution Ledger Vault has increased the number of ADA transactions processed by 45% in several months.
Potential risks need to be taken seriously. The 30-day volatility of the Cardano network has reached 54%, which is higher than the 37% level of Bitcoin. Historical data shows that the FTX collapse in November 2023 led to a 23% single-day plunge in ADA CAD, and the SEC lawsuit in the United States in June 2024 caused the price to briefly fall to the support level of CAD 0.28. The current unrealized net profit (NUPL) indicator is 0.18, suggesting that some profit-taking positions may be closed. The technical upgrade provides support. Recently, the Chang hard fork has reduced the block propagation delay to 1.2 seconds and increased the execution efficiency of Plutus V2 scripts by 40%. Bloomberg analysts predict that if the key resistance level of CAD 0.335 is broken through, the next target level could be CAD 0.36, but it is necessary to guard against the market pullback risk that may be triggered by the Federal Reserve’s September interest rate decision.