Whale accumulation resumes as ADA holds above $0.63, signaling growing long-term investor interest.
Break above $0.707 may open a path to $1.50 if ADA reclaims cloud baseline with rising volume.
Cardano (ADA) now has 4.49 million holders, surpassing USD Coin (USDC) by over 1 million, according to data shared by Santiment. This growth places ADA among the most widely held digital assets across the crypto space. At the time of writing, Cardano is trading at $0.6376.
Whale Accumulation and Holder Growth Support Long-Term Strength
According to TapTools, Cardano's growing adoption has attracted long-term holders and whale interest. Despite minor fluctuations, addresses holding between 1 million and 10 million ADA currently total 2,384, slightly up from two days ago. This group plays a key role in price direction due to their influence on market liquidity.
Recent Santiment data shows that while the whale count has slightly declined over the past week, a small recovery is underway. This change suggests that accumulation activity may be returning, with some high-stake holders increasing their positions. Continued interest from whales could support future upward price movement.
Source: CoinMarketCap
Meanwhile, Cardano’s circulating supply stands at 35.34 billion, with a market cap of $22.64 billion. ADA maintains its position as the 10th largest cryptocurrency by market value, according to CoinMarketCap.
Technical Patterns Suggest a Potential Breakout Toward $1.50
World Of Charts noted on X that Cardano may be preparing for a breakout that could send the price toward $1.50. This forecast follows recent trading patterns showing ADA consolidating near a resistance zone
Source: WorldOfCharts(X)
A break above $0.707 could open the path to higher levels, including $0.731 and possibly $0.777. The Ichimoku Cloud on TradingView reveals that ADA trades below key trend lines, although the forward cloud has turned green
For momentum to turn bullish, ADA would need to reclaim the baseline and close above the cloud. Increased volume and a move above the $0.85 resistance could trigger a larger rally in the coming weeks.
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Cardano Surpasses 4.49M Holders, Now Ahead of USDC in Total Addresses Tracked
Cardano surpasses 4.49M holders, overtaking USDC and reinforcing broad adoption strength.
Whale accumulation resumes as ADA holds above $0.63, signaling growing long-term investor interest.
Break above $0.707 may open a path to $1.50 if ADA reclaims cloud baseline with rising volume.
Cardano (ADA) now has 4.49 million holders, surpassing USD Coin (USDC) by over 1 million, according to data shared by Santiment. This growth places ADA among the most widely held digital assets across the crypto space. At the time of writing, Cardano is trading at $0.6376.
Whale Accumulation and Holder Growth Support Long-Term Strength
According to TapTools, Cardano's growing adoption has attracted long-term holders and whale interest. Despite minor fluctuations, addresses holding between 1 million and 10 million ADA currently total 2,384, slightly up from two days ago. This group plays a key role in price direction due to their influence on market liquidity.
Recent Santiment data shows that while the whale count has slightly declined over the past week, a small recovery is underway. This change suggests that accumulation activity may be returning, with some high-stake holders increasing their positions. Continued interest from whales could support future upward price movement.
Source: CoinMarketCap
Meanwhile, Cardano’s circulating supply stands at 35.34 billion, with a market cap of $22.64 billion. ADA maintains its position as the 10th largest cryptocurrency by market value, according to CoinMarketCap.
Technical Patterns Suggest a Potential Breakout Toward $1.50
World Of Charts noted on X that Cardano may be preparing for a breakout that could send the price toward $1.50. This forecast follows recent trading patterns showing ADA consolidating near a resistance zone
Source: WorldOfCharts(X)
A break above $0.707 could open the path to higher levels, including $0.731 and possibly $0.777. The Ichimoku Cloud on TradingView reveals that ADA trades below key trend lines, although the forward cloud has turned green
For momentum to turn bullish, ADA would need to reclaim the baseline and close above the cloud. Increased volume and a move above the $0.85 resistance could trigger a larger rally in the coming weeks.
The post Cardano Surpasses 4.49M Holders, Now Ahead of USDC in Total Addresses Tracked appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.