๐ท Will ADA Surge 40%? Whales React to Hoskinsonโs Bullish Call ๐
๐ Cardano ( $ADA ) is gaining momentum this July, fueled by positive regulatory news (GENIUS & CLARITY bills) and a rallying crypto market. Founder Charles Hoskinsonโs bullish remarks added fuel, calling for U.S.-led crypto dominance with ADA at the forefront.
๐ Following his comments, whales jumped in โ with 137+ $1M+ transactions recorded in 24 hours (per Santiment). This surge in high-value activity suggests smart money is accumulating ahead of a potential breakout.
๐ On the charts, ADA broke out of a long-term descending channel and recently hit $0.90, now consolidating near $0.827. If it holds above $0.82, analysts see room for a 40% rally toward $1.18.
โ ๏ธ But if support fails, ADA could retrace to $0.68 โ a 20% pullback. All eyes on the $0.82 level: breakout or breakdown will decide ADAโs next big move.