CardanoDebate Holders, Now Ahead of USDC in Total Addresses Tracked
The number of Cardano (ADA) holders has now reached 4.49 million, surpassing USD Coin (USDC) by more than a million, according to data published by Santiment. This growth places ADA among the most traded digital assets in the cryptocurrency world. At the time of writing this report, the trading price of Cardano was $0.6376.
■• Accumulation by whales and growth of its holders support Cardano's long-term strength
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, which ranges between one million and 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 slightly decreased over the past week, there is a slight recovery in progress. This change indicates the potential return of accumulation activity, with some high-net-worth investors increasing their positions.