Cardano is experiencing a significant rise in wallet activity, with a 237.44% increase in wallets holding $1 to $100 worth of ADA over the past year.Smaller wallet categories, especially those holding $10 to $100, have grown by 18%, highlighting increased retail investor participation.Larger wallets holding between $1,000 and $100,000 have declined, indicating a redistribution of ADA among different investor groups.ADA's price performance is showing strength, breaking through the 50 EMA resistance and trading around $1.08.