Ethereum and Cardano Lead Development Activity As Crypto Market Rebounds

Key Points

1. Ethereum and Cardano saw price rebounds of 5% and 9%, respectively, on July 2, 2025.

2. Ethereum's development team ranks 13th most active on GitHub, driven by interest in scaling and Layer-2 networks.

3. Cardano's development team is 4th most active on GitHub, supporting its research-driven goals.

4. Bitwise CIO Matt Hougan predicts $10 billion inflows into cryptocurrency ETFs in the second half of 2025.

5. ADA rebounded from a low of $0.536 to above $0.559 despite forming a death cross on its hourly chart.