Cardano (ADA) gained 4% in 24 hours, climbing from around $0.164 to above $0.17, with monthly gains reaching approximately 12%. Analysts suggest the cryptocurrency is transitioning from panic selling to an accumulation phase, as buyers defend a significant demand zone between $0.1064 and $0.1503. Whales have increased their combined holdings to 25.6 billion tokens, representing nearly 70% of the circulating supply, the highest level since February 2023, while Cardano ETFs have recorded 16 consecutive months of net inflows. Despite these bullish signals, the token remains down approximately 95% from its August 2021 all-time high and roughly 84% since Trump’s mention in March 2025.
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