$ADA Update

ADA
ADAUSDT
0.495
-1.37%

🧭Positive Signals:🚀

✅ Whales Continue Accumulating: From November 7 to 10, Cardano whales and sharks increased holdings by 348 million ADA (0.94% of total supply), the largest buy since May, indicating institutional optimism [source 528btc]

✅ Founder Optimistic: CEO Charles Hoskinson predicts 2026 will be the "Beast Year" for crypto, with Bitcoin price possibly reaching $250,000; he also emphasized Cardano and Bitcoin DeFi synergy, planning a $50 million liquidity fund to boost DeFi participation [source 528btc]

✅ Technical Breakthrough: Integration of zero-knowledge proofs and fully homomorphic encryption drives privacy and security upgrades, aiding institutional compliance and quantum-safe applications [source 528btc]

✅ Volume Rebound: Daily trading volume surged 63% to $1.59 billion, network upgrades and technical indicator improvements boost market confidence [source 528btc]

#dyor