Cardano’s native coin, ADA, has recently experienced a decline in crowd sentiment, signaling a bearish outlook despite its August price surge. While the cryptocurrency reached an all-time high of $0.82 before retracing, recent on-chain data indicates growing whale activity and accumulating signals. This suggests that ADA could rebound as large players start buying at discounted prices. 5-month low crowd sentiment also offers potential opportunities for long-term buyers to enter the market. 💰 Key insights include: 📈 1) ADA Whale Activity Rises – Over the last two days, significant inflows from institutional and large buyers have been observed in both spot and derivative markets. 2) Price Action Hints at a Potential Bounce – Short-term ascending support level recently tested by ADA, suggesting a potential short-term price surge. 3) Clarity Act Boost – The U.S government’s Clarity Act has identified Cardano among the top three blockchains likely to mature under strict U.S standards, potentially boosting its credibility and attracting more adoption. 4) Positive Developments on the Network – A recent investigation cleared Cardano of alleged misconduct, further solidifying the network’s integrity. Despite facing competition from other established networks like Ethereum and Bitcoin, Cardano is poised for a significant comeback.