Ethereum and Cardano See Price Rebound Amid Surge in Developer Activity

Ethereum and Cardano have rebounded to price levels last seen 10 days ago, supported by more than just market momentum. According to Santiment, both networks continue to show robust developer activity, signaling long-term strength. Developer engagement is widely viewed as a key metric of a project’s health, often preceding future price increases.

Ethereum currently ranks 13th in GitHub development activity, with its team actively working on upgrades and Layer-2 scaling solutions. Cardano, meanwhile, holds the 4th spot, reinforcing its image as a research-driven platform with real-world use cases. Such sustained progress builds institutional trust, especially in an environment where transparency and innovation matter.

The price surge in ETH and ADA has also been matched by a spike in trading volumes, a typical response to renewed investor confidence. Despite a recent "death cross" on Cardano’s hourly chart—usually a bearish signal—ADA managed to bounce from $0.536 to above $0.559, suggesting underlying bullish sentiment.

Beyond price action, Ethereum is gaining traction among institutions. Bitwise CIO Matt Hougan projected that ETH ETF inflows could hit $10 billion in the second half of 2025, underscoring Ethereum's growing role in traditional finance.

The connection between price recovery and developer activity offers valuable insight for traders. It highlights the importance of substance over hype, especially for large-cap crypto assets. Ethereum and Cardano continue to deliver real product development, which reduces long-term risk and provides greater market confidence.

By staying active in development and attracting institutional interest, Ethereum and Cardano position themselves as strong contenders for long-term growth—far beyond the noise of short-term market swings.