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, Cardano was trading at $0.6376.
#CardanoDebate
■• The accumulation of whales and the growth of its holders support Cardano's strength in the long term
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 currently ranging from one million to ten million is 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 despite a slight decrease in the number of whales over the past week, there is a slight recovery underway. This change indicates the possibility of a return to accumulation activity, with some high-net-worth investors increasing their positions.