Cardano experiences a strong price increase when its token ADA gains nearly 20% value and gets close to reaching $1. Both whales and ordinary ADA users bought 420 million tokens after Donald Trump shared that ADA and two other altcoins might become part of the U.S. Reserve Asset list.
At present Cardano stands at $0.95 with a 19% increase per day. ADA trading volume has fallen by 10% to $5 billion while its value continues increasing. The Relative Strength Index at 60 shows that investors remain strongly in favor of ADA’s price direction. CoinGlass data shows ADA futures open interest grew by 5% demonstrating more investors putting their faith in this coin.
The increase in Cardano’s price matches what other cryptocurrencies experience during market growth. Worldwide cryptocurrency markets now hold $2.92 trillion assets after a 5% increase. Several major cryptocurrencies like Bitcoin, Ethereum, XRP and SOL gained 7% to 10% in value during the current market cycle and ADA performed better than all these altcoins.
Cardano ETF Hype And Whale Activity Boost Price
Many investors buy Cardano assets due to expectations about future exchange-traded fund (ETF) developments. SEC officials accepted Grayscale’s ADA ETF application which generated market discussions. When the SEC approves this investment option it would bring major institutions into the market which will boost ADA prices further.
The latest research shows a sudden spike in ADA whale transactions making this the most active period in three months. More transfers above one hundred thousand dollars happened while making the average time ADA stays in wallets shorter. Active circulation of ADA tokens leads to higher market activity that pushes the price upward.
New whale investments show that Cardano stakeholders have more faith in the network’s future updates serving customers. As ADA develops its network and strikes more collaborations it grows stronger in blockchain markets.
Analysts Predict ADA Surge As Whales Accumulate More
Crypto expert Ali Martinez detected that ADA whales invested significantly more after publishing his findings on social media. On X forum Martinez revealed that whales spent 420 million ADA tokens after Donald Trump mentioned establishing a Crypto Reserve in the US. The high rate of buying activity is making investors feel more positive about the market.
Multiple market analysts now see ADA price growth potential after its successful breakthrough. When ADA maintains its spot above $1.19, Ali Martinez believes the token can rise to $2.20 soon.
Leading market analysts Gert van Lagen and Lord Durden establish higher price predictions for ADA than others. Van Lagen sees ADA reaching $40 in a possible future but sets another target at $12 in a cautious scenario. The Lord Durden chart analysis shows ADA token will rise to $12 once it breaks through $1 price level.
Based on whales buying more ADA tokens and elevated industry support the price target of $12 becomes achievable under current market strength conditions.
