This paper presents a sender side only TCP mechanism to prevent compromise for bandwidth utilization in IEEE 802.11 wireless networks. In absence of mechanism for accurate and immediate loss discrimination, the TCP sender unnecessarily reduces its Loss Window in response to the packet losses due to transmission errors. At the same time, frequent transmission losses and associated link retransmissions cause inaccuracy for available bandwidth estimate. The proposal, Adaptive TCP tackles the above issues using two refinements. First, sender estimates the degree of congestion by exploiting the statistics for estimated Round Trip Time (RTT). With this, it prevents unnecessary shrinkage of Loss Window and bandwidth estimate. Second, by concluding the uninterrupted evolution of its sending rate in recent past, the Adaptive TCP advances bandwidth estimate under favorable network conditions. This in turn, facilitates for quick growth in TCP's sending rate after loss recovery and consequently alleviates bandwidth utilization. The authors implement the algorithm on top of TCP NewReno, evaluate and compare its performance with the wireless TCP variants deployed in current Internet. Through intensive simulations it is demonstrated that the Adaptive TCP outperforms other well-established TCP variants, and yields more than 100% of the throughput performance and more than 60% of improvement for bandwidth utilization, compared to TCP NewReno. The simulation results also demonstrated compatibility of Adaptive TCP in a shared wireless environment.