ADA is experiencing unprecedented growth! What is the reason?

The recent unprecedented rise of ADA is due to a combination of several factors. First, "whales" are accumulating ADA in large quantities, holding over 12 billion USD, which creates strong buying pressure and pushes the price up. Second, on-chain activity shows a significant increase in large transactions, reflecting strong participation from institutional investors. Third, the market sentiment is optimistic, partly driven by the growth of Bitcoin and claims of potential cooperation between Cardano and the Trump administration, also contributing to the price increase. However, it is important to note that this growth comes with risks, as the MVRV ratio indicates that ADA is overvalued and may face profit-taking. Finally, the formation of a Golden Cross on the ADA price chart is also a positive technical signal, indicating long-term upside potential.