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Whale Accumulation of 348M ADA Sparks Optimism for Cardano’s Next Price Breakout
348 million ADA acquired in four days is signaling strong price surge anticipation interest among large-scale investors.
ADA maintains support at $0.50–$0.52, forming a stable base that could fuel a move toward the $0.78–$0.85 resistance zone.
Cardano’s integration into global finance is enhancing its appeal for institutional-grade blockchain adoption.
Cardano whales massive accumulation in just days is mirroring rising confidence as prices hold strong near support levels .This could spark a possible bullish move in the coming sessions.
Whales Accumulate 348 Million ADA in Four Days
According to data from Santiment’s official post on X (formerly Twitter), Cardano’s whale and shark wallets, holding between 100,000 and 100 million ADA, have accumulated 348 million ADA in the past four days
This volume represents approximately 0.94% of the total circulating supply, valued at over $204 million.Such accumulation reflects strong buying activity during ADA’s drop below $0.50, suggesting strategic positioning among large stakeholders.
Historically, similar accumulation periods have preceded upward price adjustments as market confidence grows. Market analysts note that this phase typically precedes retail participation once broader sentiment turns bullish.
Technical Structure Indicates Range-Bound Market
The ADA/USDT chart illustrates a well-defined market range between support at $0.50–$0.52 and resistance at $0.67–$0.70. Cardano’s price has repeatedly rebounded from this lower range, forming a stable accumulation base.
Repeated testing of support indicates steady demand, as the price action resembles a quadruple bottom structure. This formation often precedes a potential short-term reversal if the higher lows sustain.
Source: Rand Via X
If Cardano breaks above the $0.60–$0.62 range, it could climb toward $0.78–$0.85, but a fall below $0.50 may slide price further toward $0.35–$0.40.
However, the strong defense of current support reflects active participation from buyers consolidating positions during lower volatility.
ISO 20022 Compatibility Strengthens Cardano’s Institutional Outlook
Charles Hoskinson’s post on X platform addressed Cardano’s potential alignment with ISO 20022, the global financial messaging standard promoting interoperability between traditional finance and blockchain systems
Cardano’s layered architecture and proof-of-stake mechanism provide a foundation for programmable finance solutions and compliance-oriented applications. Such characteristics position ADA as a viable network for integrating digital assets with regulated environments.
Combined with current accumulation trends, this development may strengthen ADA’s presence across both decentralized and traditional financial ecosystems.