Cardano (ADA) has recently experienced a dip to around $0.69, which some analysts believe could present an attractive entry point before a potential surge towards the $2 price target. This dip follows recent selling activity by large investors known as ‘whales’ who have offloaded 40 million ADA tokens in the past week, adding pressure to the market. However, this correction may act as a support zone, and Cardano’s strong fundamentals and technological advancements could drive its price back towards the $2 mark. Cardano’s Hydra scaling solution recently reached 1 million transactions per second (TPS), exceeding even VisaNet, and positions the network for long-term scalability. This milestone showcases Cardano’s potential as a blockchain platform suitable for mass adoption. Despite recent market fluctuations, Cardano remains active with high trading volumes, highlighting its enduring interest among investors. While this dip presents an opportunity for entry, investors are advised to conduct thorough research before making any investment decisions.