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Cardano whales accumulated over 420 million ADA in April, signaling growing confidence and potential bullish momentum despite recent market dips.
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Upcoming Layer 2 upgrades like Leios and Hydra aim to boost Cardano’s scalability, positioning it as a stronger competitor in the blockchain space.
Following the recent Cardano Price Analysis, Crypto News Flash (CNF) hinted that the market eyed $0.63 support as whales dumped 100M ADA. In April alone, high-value investors—those holding between 10 million and 100 million ADA—added more than 420 million ADA to their wallets.
According to a recent tweet by Cardano Feeds and on-chain analytics. Cardano whales are snatching up value as the price could turn.
Cardano Whales Snatch Up 420M ADA as Price Could Turn https://t.co/IgWxxcrGHV
— Cardano Feed ($ADA) (@CardanoFeed) May 1, 2025
That alone is worth over $289 million, pushing their total holdings past $12.9 billion, signaling renewed confidence in ADA’s long-term potential, despite recent market choppiness.
As market supports, this massive accumulation is often viewed as a precursor to bullish momentum. While Cardano’s price has recently struggled below key resistance, the behavior of these deep-pocketed holders suggests they’re preparing for a bigger breakout ahead.
Despite the minor pullback, the recent whale accumulation reflects optimism that Cardano could outperform as we move further into 2025.
Upgrades on Deck Could Be a Game-Changer
Meanwhile, ADA whales buy 180M as Cardano drops, as CNF previously reported. Looking ahead, Cardano’s technical roadmap could be the catalyst that propels it forward. The blockchain is preparing to launch Layer 2 scaling solutions like Leios and Hydra, which are designed to massively boost speed and efficiency.
If successful, these upgrades would make Cardano one of the most scalable networks in the space—an essential feature as competition intensifies.
Given these developments, ADA’s price trajectory will likely be influenced by both internal advancements and external market dynamics.
At the time of writing, Cardano (ADA) is trading at the price of $0.7031, with an increase of 3.97% in the past day and a decrease of 1.18% in the past week. See ADA price chart below.
Nevertheless, this price movement aligns with recent whale activity, where large holders accumulated over 420 million ADA in April, indicating potential bullish sentiment. See ADA price chart below.
