A significant accumulation spree by Cardano whales is evident in recent market activity, with over 180 million ADA tokens purchased within the past two days. This move coincides with a price surge for ADA that has propelled it to a new all-time high. The rally, driven by anticipation surrounding Friday’s speech by US Fed Chair Jerome Powell, saw ADA rise by an impressive 15%. Analyst data suggests these whales bought the tokens at a value exceeding $160 million in USD. While ADA had dipped to its lowest point since August 12, with a price of just $0.82 on Friday, this momentum turned around following Powell’s speech and propelled it to its current peak of $0.94 before settling at $0.91. Several crypto analysts have expressed bullish sentiment regarding ADA’s future trajectory. A key milestone will be the ability to break through resistance levels to unlock further gains. AltGem Hunter predicts a surge beyond $2.68 and potentially as high as $5, with even higher projections of reaching $10 if ADA manages to secure support at the $1.16 level. Other analysts have also expressed bullish predictions for ADA, forecasting it could reach $2 within a short timeframe. These bullish predictions are creating anticipation for a potential future price surge.