#CardanoDebate
The number of Cardano (ADA) holders is now 4.49 million, surpassing USD Coin (USDC) by more than a million, according to data published by Santiment. This growth makes ADA one of the most traded digital assets in the cryptocurrency world. At the time of writing this report, the trading price of Cardano was $0.6376.
■• Whale accumulation and growth of its holders support Cardano's long-term strength
According to TapTools, the increasing use of Cardano has attracted long-term whale holders and their interest. Despite slight fluctuations, the total number of ADA holders currently ranges between 1 million and 10 million, standing at 2,384, a slight increase from the past two days. This group plays a key role in price direction due to their impact on market liquidity.
Recent Santiment data shows that although the number of whales has slightly decreased over the past week, there is a slight recovery in progress. This change indicates the possibility of a return of accumulation activity, with some high-net-worth investors increasing their positions. Continued whale interest may support future upward price movement.
At the same time, the circulating supply of Cardano is 35.34 billion, with a market capitalization of $22.64 billion. ADA maintains its position as the tenth largest cryptocurrency by market capitalization, according to CoinMarketCap.
