ADA shows steady recovery with strong whale accumulation reducing selling pressure.
Governance upgrade boosts community control, directing fees to Cardano’s treasury.
Founder allegations cause caution, but ADA holds key support near $0.76 level.
Cardano’s ADA price is showing signs of a slow recovery after recent volatility. Despite low volume days, analysts remain attentive as the token approaches key levels. The price currently stands at $0.7676, with investors watching for stronger momentum to return soon.
ADA Accumulation Builds Amid Market Volatility
According to an observation by CW8900 on X, ADA has gathered significant energy and “the time will come when that energy will explode.” The analyst noted that ADA will not face another sell wall until $1.90 if it breaks through the current resistance. This suggests potential for a strong price move once key barriers are cleared.
Over the past week, Cardano held above critical support levels despite broader market liquidations. Trading volume reached $567.73 million, reflecting ongoing investor interest. Meanwhile, the total market capitalization remains near $26 billion, with 35.33 billion ADA in circulation.
Cardano’s staking ecosystem remains stable with 21.6 billion ADA staked, according to Messari’s Q1 2025 report. The treasury balance increased by 5% to 1.7 billion ADA, supporting future development, though its USD value has decreased due to price changes. These fundamentals show continued strength amid price fluctuations.
Governance Upgrades and On-Chain Activity Support ADA Outlook
Cardano’s recent governance upgrade through CIP-1694 brought 1,220 decentralized representatives on board. This change directs 20% of transaction fees to the treasury under community control, aiming to strengthen project sustainability.
On-chain data reveals that nearly one billion ADA has been withdrawn from exchanges in 2025. Whale activity of this scale reflects a shift toward self-custody, reducing immediate selling pressure. This movement mirrors patterns before ADA’s 2021 peak.
Despite recent allegations involving the founder, Charles Hoskinson and his team have denied wrongdoing and called for an independent audit. The market response shows cautious optimism with ADA maintaining short-term support near $0.76.
The post Cardano’s ADA Eyes Recovery as Whale Activity Boosts Market Confidence appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
