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Cardano ADA: Whales Accumulate as Analysts Eye $2 Price Target

Cardano ADA: Whales Accumulate as Analysts Eye $2 Price Target

Author:
ADA News
Published:
2025-07-24 13:04:45
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[TRADE_PLUGIN]ADAUSDT,ADAUSDT[/TRADE_PLUGIN]

Cardano's ADA has shown significant movement in late July 2025, surging to $0.92 before a slight retreat to $0.85 as traders took profits. Despite this pullback, the continued accumulation by large holders (whales) suggests strong potential for renewed upside momentum. Analysts are now eyeing a $2 price target for ADA, driven by sustained bullish leverage and positive funding rates. Open interest remains steady NEAR $637 million, indicating robust market activity. Santiment data highlights an interesting trend: retail investors are liquidating positions at local tops, while whales absorb the selling pressure, reinforcing confidence in ADA's long-term growth. The network's fundamentals and whale activity paint a promising picture for Cardano's future.

Analysts Eye $2 for ADA Price as Whales Accumulate

Cardano's ADA surged to $0.92 in late July before retreating to $0.85 as traders took profits. Despite the pullback, whale accumulation suggests potential for renewed upside.

Open interest holds steady near $637 million, with positive funding rates indicating sustained bullish leverage. Santiment data reveals retail investors liquidating positions at local tops while large holders absorb the selling pressure.

The network's realized profit/loss metric flashed a clear signal of profit-taking activity. Market structure remains constructive, with derivatives traders maintaining long exposure despite the consolidation phase.

New $0.005 Meme Token XYZ Aims to Rival Cardano with 120,000% Rally Ambitions

A new sports-themed memecoin, XYZ, priced at just half a cent, is gaining traction with claims of potential 120,000% gains. The project, recently crowned Best New Meme Project, targets a niche at the intersection of crypto speculation and global sports fandom—spanning football, MMA, basketball, and esports.

Positioned as a potential 'G.O.A.T.' in the meme-token arena, XYZ's presale momentum has drawn comparisons to established layer-1 chains like Cardano. While the token's 1,000x ROI promise captivates retail investors, its long-term viability against smart contract platforms remains untested.

Cardano Whale Revolt: Hoskinson Threatens Legal Action Amid Governance Crisis

A significant Cardano stakeholder, controlling approximately 6 million ADA in delegated voting power, has declared a blanket rejection of all future proposals from Input Output Global (IOG). The anonymous entity, known as "Whale," accuses founder Charles Hoskinson of mismanaging funds and failing to deliver on promises. This revolt coincides with a live vote on the 2025 Cardano Summit proposal.

Hoskinson swiftly denied the allegations, hinting at potential legal recourse. The dispute has ignited fierce debate within the cardano community, with Whale urging other stakeholders to redirect their delegations to representatives committed to auto-rejecting IOG proposals. Market observers note the timing raises questions about governance stability as ADA faces scaling challenges.

Cardano Price Jumps 38% in Q3 Amid Whale's Threat to Block Upgrades

Cardano's ADA surged 38% in Q3 2025, marking a sharp reversal from its 21.7% Q1 and 13.5% Q2 declines. The rally comes despite mounting concerns over ecosystem growth and a high-profile investor's threat to veto future network upgrades.

A whale controlling significant ADA holdings—self-identified as 'Cardano Whale'—has pledged to reject all Input Output Global (IOG) proposals, citing unmet development promises. This stance could derail critical protocol upgrades given whale voting power in Cardano's governance system.

The blockchain continues to lag rivals in key metrics. Its $366 million TVL pales against Ethereum's $81 billion and Solana's $10 billion. Observers note Cardano has missed recent crypto trends including meme coin mania and AI-powered DeFi innovations.

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