#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 makes ADA one of the most traded digital assets in the cryptocurrency world. At the time of writing this report, the trading price of Cardano was $0.6376.
■• Whale accumulation and growth in 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 minor fluctuations, the total number of ADA holders currently ranges between one million and ten million, totaling 2,384, a slight increase from the past 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 underway. This change indicates the potential return of accumulation activity, with some high-net-worth investors increasing their positions. Continued whale interest may support future upward price movement.
Meanwhile, the circulating supply of Cardano is 35.34 billion, with a market cap of $22.64 billion.
