Cardano ADA: Whale Accumulation Sparks Hopes for a 2020-Style Bull Run
Cardano's ADA is exhibiting promising signs of a potential price resurgence, drawing parallels to its impressive 2020 bull cycle. Recent on-chain data highlights a significant surge in large transactions, with over 137 whale movements exceeding $1 million recorded within just 24 hours. This heightened activity has coincided with ADA's price climbing from $0.70 to $0.85, fueling speculation about renewed institutional interest. Technical indicators further support the bullish outlook, as Cardano’s long-term risk index suggests a favorable environment for growth. As of July 2025, the cryptocurrency community is closely watching whether ADA can replicate its historic performance, driven by strong fundamentals and increasing whale activity.
Can Cardano Price Repeat the 2020 Cycle Amid ADA Whale Accumulation?
Cardano's ADA is showing signs of a potential price resurgence, mirroring its 2020 bull cycle. On-chain data reveals a surge in large transactions, with over 137 whale movements exceeding $1 million within 24 hours. This activity has coincided with ADA's price climbing from $0.70 to $0.85, suggesting renewed institutional interest.
Technical indicators further bolster the bullish case. Cardano’s long-term risk index sits at 43—a level last seen in October 2020, prior to its historic rally. Market observers note that similar accumulation patterns preceded major price breakouts in previous cycles.
Cardano (ADA) Gains 3% Amid Strong Institutional Developments
Cardano's ADA surged 3% to $0.85 as the ecosystem showcased robust institutional momentum. EMURGO's forthcoming Cardano Card bridges crypto and traditional payments, offering staking rewards and DeFi integration—a tangible step toward mass adoption.
The cardano Foundation's financial transparency ignited confidence, disclosing $659.1M in assets with 76.7% held in ADA. Such reserves underscore long-term commitment, countering typical volatility concerns in crypto markets.
Technical indicators flash overbought signals at RSI 78.9, yet bullish sentiment prevails. Speculation around ADA's potential ISO 20022 compatibility adds fuel, mirroring broader institutional payment infrastructure trends.
Charles Hoskinson Responds to ADA Misappropriation Claims with IOG Transparency Audit
Cardano founder Charles Hoskinson is countering allegations of ADA token misappropriation by initiating a full public audit of Input Output Global's holdings. The audit report, nearing completion, is slated for release by mid-August. Hoskinson plans to present the findings live and host them on a dedicated website to ensure transparency.
The controversy erupted in May when critics accused Hoskinson of mishandling 350 million unclaimed ADA tokens. Legal action is now being considered, with claims of significant brand damage to Cardano. Market reaction has been cautiously optimistic, with ADA's price rising 4.2% following the audit announcement.
Cardano Blazes Ahead: $1 Test Imminent As Bulls Eye Key Fibonacci Levels
Cardano (ADA) is demonstrating robust bullish momentum, currently trading at $0.8700. The cryptocurrency has surged above all major moving averages, with the 20-day EMA climbing to $0.7192, distancing itself from the 50-day and 100-day averages NEAR $0.68. This technical setup signals short-term strength, further supported by the 200-day EMA at $0.6939—a level now acting as a foundation for upward movement.
The $0.90-$1.00 range, previously a resistance zone, appears within reach. Bulls have consistently defended dips, with the $0.78-$0.80 area emerging as a potential accumulation point for new buyers. Despite an RSI reading of 81.99 indicating overbought conditions, momentum indicators suggest room for further gains. Key Fibonacci levels at $0.846 and $1.14 will serve as critical benchmarks for confirming trend continuation.
