Cardano (ADA) is once again drawing attention across the crypto market as both on-chain data and technical indicators point toward growing bullish momentum.
Key Takeaways:
Recent findings from analytics platform Santiment revealed that large investors — often referred to as whales and sharks — have been aggressively accumulating ADA after the token briefly dipped below $0.50.
Over just four days, these major holders added 348 million ADA, worth approximately $204 million, representing about 0.94% of the total circulating supply. This accumulation coincides with a broader recovery phase for the cryptocurrency market following months of correction.
Cardano’s ecosystem has shown impressive resilience throughout the third quarter of 2025. Its DeFi total value locked (TVL) rose by 17.6% quarter-over-quarter to reach $341.6 million, bolstered by expanding projects such as Liqwid and the growing diversity of decentralized protocols. Activity in NFTs and stablecoins has also strengthened, suggesting broader adoption within the Cardano network.
Meanwhile, ADA’s staking structure remains stable, with 0.3% of reserve ADA distributed every five days to stake pool operators (SPOs). Rewards depend on factors like performance and pledged stake, maintaining consistent participation and supply control as the total ADA approaches its 45 billion cap.
Cardano’s daily chart shows signs of stabilization around the $0.60 mark. The MACD indicator has turned positive, while the RSI hovers near 46, reflecting a potential rebound from oversold conditions. These technical signals, combined with the whale activity, suggest a shift toward renewed market optimism.
The bullish sentiment has also spilled over to social media. A post from the account Mintern, associated with the Minswap decentralized exchange, went viral after suggesting that “Cardano ($ADA) is gearing up for a breakout to $10.” The post featured a chart projecting a steep upward trajectory if ADA confirms its breakout pattern. While speculative, such community-driven enthusiasm often aligns with periods of heightened volatility and trading activity for ADA.
Despite the recent market downturn, Cardano’s fundamentals and investor confidence appear to be strengthening. Between whale accumulation, rising DeFi engagement, and improved on-chain activity, ADA could be entering a new accumulation phase that sets the stage for its next major move — especially if Bitcoin maintains stability above key support levels.
