ADA Whales Gobble Up the Dip: Is Cardano Primed for a Price Surge?
Big money moves in as Cardano tanks—retail investors left playing catch-up.
Whales aren't just swimming in ADA's waters—they're turning it into a feeding frenzy. While Main Street panics over the latest crypto bloodbath, these deep-pocketed traders are loading their bags at bargain prices.
History shows whale accumulation often precedes major rallies. But with Cardano's 'academic' blockchain still struggling to match Ethereum's DeFi dominance, some skeptics say this is just another case of rich gamblers doubling down on hopium.
One thing's certain: when these giants start buying, markets tend to notice. Whether that translates to sustainable gains—or just another pump-and-dump scheme—remains crypto's favorite guessing game.
ADA Whales Are Active Again
The recent price dip compelled the Cardano whales to act fast, scooping up ADA tokens in large quantities. Per a recent post by Taptools, ADA whales have accumulated nearly 140M tokens in the last three days.
JUST IN: cardano whales have quietly accumulated over 140 million $ADA in the past three days.
Wallets holding 10M–100M $ADA increased their balance from 13.06B to 13.20B. pic.twitter.com/bzeJCX2Z9g
This momentum signals how ADA whales are positioning themselves for future gains, expressing their confidence and support towards the asset.
At the same time, Cardano is working towards expanding its ecosystem, busy exploring new offerings such as Leios and Midnight to gain traction in the space.
BULLISH
Charles Hoskinson says: We're having a lot of fun with Cardano right now.
"Midnight is launching soon, Ouroboros Leios is coming, and we've got a great partnership with Google Cloud."
From an interview on Bloomberg. pic.twitter.com/iBed8VPGh0
Moreover, cryptocurrency experts have also started to shower their bullish predictions about ADA’s bright future. Per Javon Marks, a notable cryptocurrency expert, ADA has already crossed multiple price targets and is now looking forward to breaching new price targets again.
Marks has predicted two price thresholds for the token to breach, starting with the $2 price mark. The expert stated how ADA is poised to AMP up its pace to eventually surge 800% to hit the $8 price mark.
After breaking out last cycle, $ADA (Cardano) went on to meet three of its target and prices, which recently broke out again, looks to be on track to meet targets yet again.
First up is an over 221% run to ~$2.77 but, we see a run like last cycle and this could lead up to ~$7.82… https://t.co/Q4uaa5NFi2 pic.twitter.com/YfGA4w8i8o
The Technical Aspect Of The Asset
CoinCodex suggests that ADA may gradually approach the $2 price mark, with the possibility of the token reaching this level by 2040.
