ADA Surges 2.26% as Whale Accumulation and Development Activity Propel Cardano Toward $1 Milestone
Cardano (ADAUSDT) has experienced a 2.26% price increase over the past 24 hours, with the current price on Binance at $0.7544 and a 24-hour open of $0.7377. The recent price movement is attributed to heightened market optimism following reports of a potential breakout, increased whale accumulation (wallets holding 1–10 million ADA rising from 33% to 36.15% since January), and strong community engagement around ADA’s development activity, which has recently surpassed Ethereum in core development metrics. News coverage has highlighted a 12% rally earlier in the week, analyst discussions about a possible move toward the $1 mark, and predictions of further gains amid broader cryptocurrency market strength. Trading volume remains high, with 24-hour figures ranging from $877 million to $1.6 billion, and Cardano’s market capitalization is estimated between $25.6 billion and $27.35 billion, reflecting sustained investor interest and positioning ADA among the top cryptocurrencies.