Cardano whales accumulated over 410 million ADA worth $282,900,000 million in April.
Expectations for Cardano ETF approval near 75% chances of approval.
An approved Cardano Spot ETF could result in parabolic ADA price pump.
Expectation for altseason grow stronger every day as we head deeper into Q2 of 2025. While Bitcoin works towards reclaiming its 6-digit prices, altcoins are rallying and printing bullish indicators on their price charts all pointing to new ATH altcoin prices. In particular, Cardano (ADA) is expected to flourish this bull cycle. Recently, Cardano whales accumulated over 410 million ADA worth $282,900,000 in April amid ADA spot ETF talks.
Cardano Whales Accumulated Over 410 Million ADA in April
Charles Hoskinson founded Cardano soon after he departed from the core Ethereum founders team. He left with the intention of building something much more capable, something stronger and true to the web3 philosophy. In detail, Hoskinson wished to build a truly decentralized blockchain ecosystem. He wanted this network to last through all the coming ages and had the foresight to build an ecosystem that could take on all of the web3 sector’s future challenges.
This is a feat that only Cardano is able to deliver. Unlike other blockchain that struggle with speed, congestion, interoperability, security, or scalability, Cardano is delivering it all with the added bonus of being truly decentralized. Hoskinson took a slow and steady approach to developing Cardnao. He used peer-review based testing to launch meticulous upgrades that steadily improved the Cardano ecosystem.
This slow and steady approach may have frustrated narrow sighted investors while long-term Cardano investors and developers on the chain saw the blockchain for what it was working towards, and stuck by it to see the fruits of their patience bloom now. With Cardano latest upcoming Leios Upgrade, the blockchains speed will improve tremendously tying the last piece of the puzzle together.
Cardano ETF Expectations Grow Stronger
https://twitter.com/blocknewsdotcom/status/1918397167716225508
This has the whole crypto community excited and Cardano whales are expecting explosive gains for ADA. So much so that in the month of April alone, Cardano whales accumulated over 410 million ADA worth $282,900,000. This popularity has propelled Cardano on the total market cap rank as well. Analysts now await a new ATH price to arrive for ADA soon, possibly in the altseason peak phase on the horizon.
https://twitter.com/NALAp20/status/1918337105278976395
Meanwhile, rumors for Cardano ETFs are going through the roof. The sudden demand for more Cardano and ADA exposure is leading experts to believe that Cardano Spot ETF approval is close at hand. If the ADA Spot ETF is approved then the surge in Cardano price could come much sooner than expected. As we can see from the post above, ADA price could reclaim its previous $3 ATH before heading towards hitting much higher ATH prices.
