Cardano (ADA) surged over 9% this weekend, jumping past $0.19 for the first time in nearly a month, while BTC and most other altcoins remained sluggish. This rally was fueled by massive whale accumulation, with large market participants scooping more than 240 million ADA in less than a week, bringing their total holdings to 14.55 billion ADA. This accumulation helped ADA post a 22% price surge in the past five days. Analysts now expect a breakout above the $0.19-$0.20 resistance level with price targets ranging between $0.30 and $0.50.
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