$ADA

cardano ada the 10th largest cryptocurrency by market cap, has recently experienced a significant surge in large transaction volumes, with a staggering 21 billion ADA transacted.This uptick in activity is triggering an anticipation of a major price boost for ADA, as investors and analysts closely monitor the developments within the Cardano ecosystem and the broader crypto market. According to IntoTheBlock data, 21.34 billion ADA worth $10.11 billion accounted for Cardano's large transaction volume in the last 24 hours.  Large Transactions Volume gives an idea of the total amount transacted by whales, or large holders, and institutional players on a given day. Spikes in Large Transactions Volume point to high activity among whales or institutional players either buying or selling. Large transactions, in this context, refers to those greater than $100,000. The large transaction volumes might indicate a growing interest from whales, who are likely accumulating ADA in anticipation of future price appreciation.IntoTheBlock reported on May 15 that Cardano whales holding between 100 million and 1 billion ADA added 11% to their balances over the past month to increase their stakes to 6.7% of ADA's total supply. This significant accumulation of ADA can boost market confidence, which might contribute to positive price momentum in the long run.