• Coinbase's holdings of ADA on Base increased from 1.7 million to 9.56 million within a month.

  • Analysts say that trust in Cardano is increasing as funds shift from Bitcoin and #XRP .

Coinbase has increased its reserves of Cardano (ADA) on the Base platform to over 9.5 million. This new data was published in its proof of reserves report, showing a significant growth in ADA within a month and indicating rising market interest in ADA. Meanwhile, Bitcoin's rise has slowed down after hitting an all-time high on October 5, 2025.

#Coinbase increased #ADA

Coinbase has more than doubled its holdings of Cardano (ADA) on Base within a month. The exchange's Proof-of-Reserves data shows that Coinbase's holdings of Cardano (ADA) increased from 1.7 million to 9.56 million, a growth of 462%.

This development was shared by Minswap Intern, which tracks on-chain dynamics. This change indicates that Coinbase is increasing its asset allocation towards ADA. Meanwhile, its XRP holdings decreased from 970 million to 99 million. This comparison shows that large investors' interest is shifting from XRP to ADA.

Market observers believe this may indicate an increasing confidence in Cardano and its applications across different blockchains. This timing also aligns with a common trend: once #BTC overbought conditions appear, funds tend to shift from Bitcoin to altcoins. Additionally, detailed in our previous news report, Bitcoin recently reached $125,559, and traders are now looking for value in other currencies.

Furthermore, CNF reports that Coinbase has announced a new partnership with Samsung. This collaboration will provide Galaxy users with free access to Coinbase One and will seamlessly integrate with Samsung Pay.

Cardano remains stable amidst market volatility.

Cardano's price has risen fourfold from its low in June 2023. Its growth rate is not as fast as some smaller tokens, but it remains one of the best-performing major assets.

Data shows that last year, over $2.5 billion worth of ADA was transferred from exchanges, accounting for about 10% of its total supply. Analysts suggest that this may indicate ADA is being held for the long term, reducing market supply.

As of the publication of this article, ADA's trading price is below the key resistance level it has maintained since December 2024. For further upward movement, it needs to break through the range of $0.96 to $0.97. Mentioned in our previous article, if this occurs, the next targets could be around $1.18 and $1.79. As of the time of writing, ADA's price is $0.8518, down 1.35% within 24 hours.

Analysts point out that Cardano tends to perform best when retail investors return to the market. As Bitcoin gains more attention, the renewed interest in altcoins may benefit ADA. Coinbase's growing ADA reserves reflect stronger support for the token from institutional and individual traders.

Cardano continues to show resilience, with the increase in Coinbase holdings indicating that if market trends remain stable, demand for ADA may rise. Meanwhile, as indicated in our last discussion, the Cardano Foundation launched a new mandatory course at Binance Academy to enhance accessibility for global users and developers.