Whales have accumulated 100 million Cardano (ADA) in the past 48 hours, indicating growing confidence in ADA's long-term potential.Cardano is striving to hold the $1 mark as a key support level and establish stability, which could pave the way for further rallies.Analysts and investors are optimistic about Cardano's recovery and potential to become a market leader in the blockchain space.Cardano's next challenge is reclaiming key resistance at $1.32 in order to trigger a substantial rally and enter a new bullish phase.