$ADA

The number of Cardano (ADA) holders now stands at 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.

#CardanoDebate

■• The accumulation of whales and the growth of its holders support the strength of Cardano in the long term

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 ranging from one million to ten million currently stands at 2,384, a slight increase from the last two days. This group plays a key role in price direction due to its impact on market liquidity.

Recent Santiment data shows that although the number of whales has decreased slightly over the past week, there is a slight recovery underway. This change indicates the possibility of a return to accumulation activity, with some high-net-worth investors increasing their positions. Continued whale interest may support upward price movements in the future.

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.