Cardano has entered the Wyckoff markup stage, trading at $0.83 with projections toward a potential surge to $1.45. This transition aligns with the explosive price action characteristic of the parabolic phase, driven by buyer dominance over seller activity. On-chain data reflects this strength, showing Cardano TVL at $375.49 million and 24,955 active addresses in the past 24 hours. Despite recent selling pressure from whales that sold 50M ADA, ADA has seen a 9% gain over the month as new buyers enter the market. Experts anticipate a potential breakout towards $0.92 and $1.01 if momentum continues. This follows Cardano’s consolidation phase from 2022-2023 and its current advancement into the markup stage.