In the last 24 hours, $ADA has shown a significant increase, with some sources reporting gains of around 4-7%.

* This bullish move follows a broader crypto rally and positive market sentiment.

* The price of Cardano is still significantly below its all-time high of $3.10 reached in September 2021.

Key News and Developments:

* Bullish Sentiment: Cardano has experienced a recent price increase, which has triggered bullish sentiment in the market. A significant portion of the ADA supply is now in profit, suggesting potential for further price growth or a possible correction.

* Whale Activity: Data indicates a decrease in the number of Cardano whale wallets, which raises some caution despite the bullish trend. However, in early April, on-chain data suggested that whale wallets were accumulating ADA tokens during a price drop.

Do you think it's a good opportunity to enter $ADA