($ADA ) 🚀#cardano , the 10th largest cryptocurrency by market cap, has hit a major milestone, but it’s not about ADA’s price.
The percentage of ADA held by long-term holders has reached an all-time high, signaling strong community confidence.
Key Highlights: • 40% of ADA Supply held by long-term holders, the highest ever!
• 72%, Holders for over a year. • 25%, between one and twelve months. • 3% Are Traders, less than one month.
💡 What It Means : • Strong Community Faith • Undervalued Potential?: Cardano settles around $7.2 billion daily in on-chain volume, with a low NVT ratio of 2.62, hinting that ADA might be undervalued. • New Use Cases: Growth of hodlers likely driven by increasing use cases across the Cardano blockchain.
as said the analysis on my previous posts was right .. positions squeezing and other factors leading to end of the consolidated phase soon 3 weeks left about ....$SOL $BTC $ADA #bullrun2024📈📈 #BullRunAhead ( check on my profile on past posts)
BIG bull run signal ... binance is back in India #Binance #BullRunAhead #Bullish2025 . huge trading volumes from indians may lead to next big Bull season
$BTC -falling in 618 region means stability . -many positions liquidated already . -sustainable and support rebounced. -market back in fear. -history repeating itself ( last pic)