Crypto Market Recovery Helps Cardano Price Bounce
One of the main reasons behind this rally is the overall recovery in the crypto market. The total market cap has climbed to $2.34 trillion, up 4.4%. This strong move lifted major coins like Bitcoin, Ethereum, XRP, Solana, Dogecoin, and Cardano.
After the sharp recovery, Cardano surged 16%, rising from a low of $0.25 to around $0.312.
Cardano Surges 16% as Whales Buy $213M $ADA,
Another major reason behind Cardano’s rally is strong accumulation by whales and large investors. According to Santiment data, wallets holding between 100,000 and 100 million $ADA have accumulated over 819.4 million $ADA in the past six months.
This amount is worth about $213.9 million and represents around 1.6% of Cardano’s total supply. Such accumulation has historically marked early recovery phases in crypto markets.
Cardano Trading Volume Explodes 181%
Another slight push came from Cardano price, which saw a massive surge in 24-hour trading volume, which spiked 181% to $1.15B, indicating strong buying pressure and validating the price move.
Interestingly, Cardano’s price also saw a strong liquidation of $2.4 million in the last 24 hours. Most of the liquidation, around 75%, came from short liquidation.
What Next For Cardano $ADA Price?
Looking at the Cardano daily chart, $ADA shows early signs of a potential breakout after months of steady decline. Price has been trading inside a descending trendline since late 2025, forming lower highs and lower lows.
Recently, $ADA compressed into a tight triangle pattern near the $0.27–$0.28 support zone, indicating reduced volatility and buildup for a larger move.
The price is now attempting to break above the short-term downtrend line around $0.29. A confirmed daily close above $0.35 could open the path toward $0.40, followed by a stronger resistance zone near $0.50.
The projected move on the chart suggests a possible upside toward the $0.70–$0.73 area if bullish momentum strengthens.
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