Cardano soared 10%, whale hoarding hints at macro reversal

Cardano (ADA) is regaining investor confidence, with analysts and chain data pointing to early signs of a macro fundraising phase. The increase in whale activity and the continued upgrading of the Internet paint a more optimistic outlook for ADA's price trend.

ADA prices rebound, whales continue to attract funding

As of press time, ADA trading prices were US$0.1901, up 10.21% in 24 hours. During the same period, trading volume reached US$686 million, and the market value reached US$6.94 billion. The recent surge in prices has drawn attention to the potential of ADA bullish reversals, especially as large holders step up buying near established support areas.

Cryptocurrency analyst Crypto Patel pointed out that after ADA prices fell nearly 96% from their historical highs in 2021 and about 89% from their December 2024 peak, there is evidence of extending the fundraising cycle. Patel said the ADA has rebounded from the historic $0.086 to $0.15 institutional demand area. Analysts are viewing $0.2887 as an initial bullish trigger, while $0.50 is viewed as a key threshold for identifying potential macro trend reversals.

Patel outlined an optimistic outlook for ADA, pointing out that the upward targets on the technical chart include US$0.28, US$0.50, US$1, US$2, and US$3, and may even reach US$5 or higher in the long run. This reflects the market's expectation of strong growth if the positive momentum continues.

Online data from Ali Charts and blockchain analysis company Sanitation shows that whale activity is significant, accumulating more than 240 million ADAs in just five days. According to reports, this wave of funding from large holders coincides with a 22% increase in prices. Analysts generally view the increase in whale holdings as a bullish signal, as reduced available supply and concentration of positions can boost investor sentiment and price stability in the short to medium term.

Upgrades, pledges and ETF news boost market sentiment

Cardano has also benefited from a number of ecological developments. Recent market optimism is related to the progress of spot ETFs, the advancement of Leios upgrades and the expansion of the Midnight ecosystem. In addition, data shows that more than 60% of ADA's circulating supply has been locked in pledge, which analysts believe limits available supply and strengthens positive price movements.

The Leios upgrade is a planned protocol optimization designed to increase Cardano's transaction throughput and scalability by improving parallel processing capabilities and consensus efficiency, thereby improving the user experience and promoting wider adoption of the network in the coming months.

Along with these developments, strong trading volumes and increasingly active large-scale participant activity reflect what many see as a coordinated stage of fundraising. If buyers can maintain momentum and break through resistance, analysts point out that ADA may continue its upward trend.

Key Data and Market Outlook

Current indicators: ADA price of US$0.1901 (24 hours +10.21%), trading volume of US$686 million (high daily liquidity), market value of US$6.94 billion (strong recovery), whales accumulated 240 million ADAs in 5 days (significant fundraising), and the pledge ratio exceeded 60% of the total supply (reduced tokens in circulation).

Analysts are closely watching whether ADA can maintain support and break through resistance. If whale funding and network growth continue, a bullish reversal is considered possible. However, traders pointed out that the ADA needs continued momentum to break through established obstacles and confirm long-term market shifts.

Current trends are in line with broader market trends, with Bitcoin and other major cryptocurrencies also recovering. But Cardano's path forward still depends on continued capital inflows, positive development progress, and buyers 'ability to hold on to key support areas.

Analysts stressed that if buyers maintain pressure at support and overcome resistance, strong whale fundraising and network progress may help ADA continue to move upwards.