Cardano whales accumulated over 420 million ADA in April, signaling growing confidence and potential bullish momentum despite recent market dips.
Upcoming Layer 2 upgrades like Leios and Hydra aim to boost Cardano’s scalability, positioning it as a stronger competitor in the blockchain space.
High-value investors added more than 420 million ADA to their wallets in April, pushing their total holdings past $12.9 billion, signaling renewed confidence in ADA’s long-term potential.
Recent whale accumulation reflects optimism for Cardano's potential performance, especially with upcoming technical upgrades like Leios and Hydra that could make it a highly scalable network.