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Top 5 Cardano Ecosystem Tokens To Watch Below 1M Market Cap In July 2025

Cardano is a third‑generation, proof‑of‑stake blockchain platform known for its strong emphasis on peer‑reviewed research, formal verification, and energy-efficient scalability.

Cardano enables advanced dApps and tokens within its ecosystem. Today, it’s home to a thriving variety of projects including DeFi platforms, NFTs, governance tokens, and infrastructure tools, all leveraging its secure, low‑fee, and scalable network.

Note: This list is sorted in no particular order. All data and information gotten from CoinMarketCap.

BONDLY (Forj – now branded as Forj)

Previously known as Bondly, Forj is a Web3 fan‑engagement platform powered by Animoca Brands, enabling creators to mint NFTs and engage with their fan bases through branded experiences.

Forj leverages the $BONDLY token within its ecosystem, which serves multiple purposes. Token holders can access exclusive sales, participate in decision-making processes regarding project developments, and engage more deeply with the platform’s offerings. This utility token is an integral part of Forj’s strategy to foster a participatory and inclusive environment for its users.

Additionally, Forj owns and operates several brands that are significant contributors to the blockchain and metaverse spaces. These include a metaverse infrastructure project and a GameFi initiative that are both aimed at expanding the possibilities within the virtual and gaming worlds, respectively. Through these ventures, Forj is not only enhancing its ecosystem but also contributing to the broader adoption and development of blockchain technologies.

  • Price: $0.000654
  • Market Cap: $643,267
  • 24‑hr Volume: $81,601

Exchanges: Gate, Kucoin, Uniswap v2, sushiswap

REVU (Revuto)

Revuto is a subscription‑management token enabling crypto users to block, snooze, or approve recurring payments with their subscriptions—all managed via a Cardano‑based app.

The Revuto team actively engage her users on X, having recently released the iOS version with @Visa Debit Cards and Revuto Pro.

In coming weeks, they tend to release an update containing the Crypto Wallet, which will be a significant step forward for the ecosystem. It’ll support top cryptocurrencies, facilitate fast token swaps, enable sending tokens between Cardano and Crypto wallets, allow top-up of cards with $ADA or $REVU, and more.

  • Price: $0.00602
  • Market Cap: ~$813,000
  • 24‑hr Volume: ~$126,000

Exchanges: KuCoin (notably active), Gate.io exchange, Minswap and other Cardano-native DEXs

SUGR (Sugar)

Sugar, styled as DADA on some platforms, is a reflective meme‑style token on Cardano that redistributes ADA to holders with each transaction. It imposes no transaction taxes and is locked with burned liquidity to enhance trust.

In 2013, Charles Hoskinson had a hair brained idea: enlist Sugar Bush, the world’s most photographed squirrel, to promote Bitcoin – a move so ahead of its time it predated the creation of meme coins.

Sadly, the world wasn’t ready for such genius, and the idea was “berried” on Bitcoin forums, forgotten for years…

Until finally in 2024, the story resurfaced and inspired the creation of $SUGR, a meme coin that brings Charles’ vision to life, but this time on Cardano, the blockchain he founded.

  • Price: $0.000533
  • Market Cap: $493k
  • 24‑hr Volume: $52,606

Exchanges: Traded mainly on smaller Cardano DEXs: AscendEX, Splash, minswap v2

MILK (MuesliSwap MILK)

MILK serves as the utility token for MuesliSwap, Cardano’s first order‑book decentralized exchange. Holders can stake MILK, provide liquidity, earn fees, and participate in the DEX’s governance model.

MuesliSwap was the first DEX to launch on Cardano in 2021 — live on muesliswap.com for over 1800 days and constantly evolving! 💪

From a simple order book to a full DeFi platform:
✅ DEX v4 now live
✅ AMM Pools
✅ CLP Pools
✅ Staking
✅ Aggregator
✅ Clean, user-friendly website
✅ Built with and for the Cardano community

New Aggregator API is ready — and it’s already being integrated by partner wallets!

The MuesliSwap DAO is coming!
✅ Off-chain voting & community forum already live

🛠️ Now building a powerful on-chain DAO framework
✅ Smart contracts for the new DAO are developed & audited
✅ Backend infrastructure is ready

The on-chain DAO is already live on Preprod Testnet:
👉 preprod.dao.muesliswap.com

  • Price: ~$0.15
  • Market Cap: $876k
  • 24‑hr Volume: $53k

Exchanges for active trading: AscendEX

NEWM (NewM)

NewM is a rewards and loyalty token in the Cardano ecosystem aimed at incentivizing user interactions via gamified mobile apps for brands and content engagement.

NEWM (NEWM) is redefining the music industry through blockchain technology. Built on the Cardano network, it leverages Non-Fungible Token (NFT) technology and Decentralized Finance (DeFi) to empower artists. By enabling musicians to distribute and monetize their works while retaining ownership rights, NEWM offers a revolutionary approach to royalty distribution.

  • Price: $0.000238
  • Market Cap: $88k
  • 24‑hr Volume: $27,454

Exchanges / Markets for active trading: Bitrue, Minswap, Vyfinance

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.

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