Cardano’s ADA Shows Signs of Recovery as Whales Support Market Confidence

Cardano’s ADA price is inching towards $0.77, driven by increased whale activity and a positive shift in market sentiment. Analysts attribute this growth to the expanding DeFi ecosystem and the recent governance upgrade that empowers community control of transaction fees. Despite recent volatility, ADA remains stable with support near $0.76. Whale accumulation is a key factor, reducing selling pressure on the token.