Cardano is gaining momentum as whales double assets, analysts predict a 6% target.
According to the findings of a prominent #cryptocurrency analyst, #Cardano (AL), one of the top crypto bulls this year, seems poised for a significant price increase.
#Ali Martinez said that large investors, including whales and institutional investors, are actively accumulating Cardano, indicating that they are optimistic about future growth.
According to the latest data, the volume of large-scale transactions on the Cardano network exceeds 220 billion yen in 1 day. This surge in activity is due to a significant accumulation of funds. #ADA holders with capital between 1,100 and 11,000 million have doubled their positions over the past 1 month.
This aggressive buying behavior is driving up prices and suggests that Cardano may be following a pattern reminiscent of previous bull cycles. If this trend continues, ADA could reach a potential price of $ 66, analysts said.
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