Cardano (ADA) whales have recently engaged in significant buying activity, surpassing 180 million tokens in just seven days. This accumulation could spark price increases, potentially driving the ADA token to new highs. At the same time, eToro’s relisting of Cardano opens access for over 38 million users to trade the asset, boosting its visibility and liquidity. This momentum is occurring amid regulatory developments surrounding Grayscale’s application for an ADA ETF, which the SEC has extended the review period for. While this adds uncertainty, it highlights a growing interest in Cardano. Despite recent volatility, technical analysis suggests that Cardano price may continue to rise.