Cardano Whale Activity Fuels Price Momentum – Breakout Zone Approaching

Whales are driving a surge in Cardano’s price, accumulating nearly 100 million ADA tokens over the last 24 hours. This activity is tightening liquidity and bolstering market confidence, potentially pushing Cardano towards a critical breakout zone near $1.00. While the token has experienced short-term fluctuations, long-term performance remains positive with a year-over-year gain of more than 142%. This resurgence comes as whales’ actions contribute to the asset’s momentum and attract further attention.