$ADA

currently the price of ADA is at US$ 0.712, up about 2.2 percent in the last 24 hours, market participants remain optimistic. Generally, when whales buy in large quantities, the supply of coins on exchanges decreases. If demand continues to grow, prices may rise.

In addition to the actions of these whales, other factors such as the overall cryptocurrency market conditions and developments in government regulations can also influence the direction of ADA's price movement. With a continuously evolving ecosystem and increasingly mature technology, Cardano is now more prepared to compete with major names like Ethereum and Solana.

Nevertheless, the growth of the Cardano ecosystem also serves as a driving factor for investor confidence. As of early April 2025, there are 1,991 projects built on the Cardano network, with over 130,000 active smart contracts and a total on-chain transaction count reaching 108 million. In addition, the number of wallets delegating ADA has increased to 1.329 million.