Cardano $ADA Price Surge: What's Happening?
Cardano (ADA) is on a winning streak, gaining for five straight weeks—the first time this year. Big investors, called whales, have been buying large amounts of ADA tokens recently:
$276 million worth of ADA has been bought by whales in the past weeks.
Just in the last 24 hours, whales purchased 100 million #ADA tokens, signaling strong interest.
This could be a sign that ADA is gearing up for a major price jump. Some analysts believe that ADA might rise by 165% and possibly hit a new all-time high as the altcoin market gains momentum.
With more big players entering the market, ADA could see even stronger growth in the coming months.