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Will Cardano (ADA) Reclaim $1 as Whale Interest Grows?

  • Cardano (ADA) has gained over 13% in the past 24 hours, trading at $0.84.
  • The daily trading volume of ADA surged over 61% to $2.74 billion.
  • Whale interest in Cardano is growing, with over 8,900 whale transactions recorded and a 145.72% increase in holdings by large-scale ADA holders.
  • Technical analysis suggests a potential bullish trend for ADA, with a target of $0.8846 and strong positive money flow indicated by the CMF indicator.

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