Cardano and its native token ADA holds immense potential. The blockchain, which is founded on peer-reviewed research, provides solutions to some issues faced in the blockchain sector. Cardano does so, for instance, through providing a secure blockchain through use of mathematical concepts. It also offers unlimited scalability unlike Ethereum which faces scalability issues.
Additionally, Cardano’s native token ADA offers fast and cheap transactions making it rival other top coins. But recently, ADA has struggled with volatility, alongside other cryptocurrencies. The coin has been on a downward trend over the last few as the cryptocurrency faces volatility as a result of unfavorable macroeconomic factors.
ADA coin has actually fallen by over 11% in the last one week depicting that market participants may be losing interest. However, a recent report by crypto analyst Ali Martinez shows otherwise. The post confirmed that Cardano whales have been on a buying spree over the last 7 days signaling stronger belief for higher prices in the near future.
Whales Accumulate 180 Million ADA Coins in A Week
In a recent post shared on X by Ali Martinez, whales have continued to show their belief in Cardano. This can be confirmed by the recent buying spree which has seen these large investors accumulate 180 million ADA tokens.
https://twitter.com/ali_charts/status/1899205872943005733
“Whales bought over 180 million #Cardano $ADA in the past week,” the post read. The large-scale accumulation in just a week depicts that large investors have not lost faith in ADA yet and have been buying the recent dips. Historically, whale accumulation of Cardano has often resulted in stabilization or even a price pump.
To conceptualize, Cardano recently surged by over 47% in March. 7, 2025, as whales that hold between 10 million and 100 million ADA tokens accumulated over 220 million coins. According to analytics by Santiment, these whales had 12.74 billion ADA, which was the highest number of tokens held by large investors in six months.
With ADA whales accumulating in the recent dips, the market could experience a similar scenario. In fact, a recent prediction by The Simpson’s showed that ADA might reach $35. While the show predicted various events like Ebola before they happened, the prediction should not guide investment decisions. However, the prediction still shows a potential for ADA to rally.
How Is Cardano (ADA) Performing?
As of the time of this writing, Cardano is trading at $0.728. The current price level marks over 1% decline in the day. However, a slight rebound is visible with the coin having rebounded at the $0.659 mark earlier. If Cardano manages to turn this level into support, it could surge further as bulls take control.
ADA faces a short-term resistance at $0.863 level. If the price manages to breach this resistance, it could surge towards the next resistance at the $1.002 mark. However, failure to hold upward momentum could see Cardano retrace towards the short-term support at $0.659.
A breach of this level might push prices lower towards the next support at $0.511. Such a scenario would confirm continuation of the bearish momentum and could trigger further market sell-off. Investors should monitor the market to discern whether Cardano will break pump or dip from the current price level.
