Cardano Whales Return as ADA Market Cap Jumps 42%

Cardano recorded 413 transactions worth at least $100,000, marking its highest whale activity since June 4. ADA’s market cap rose 42% as its price climbed from about $0.19 to $0.27 before pulling back. ADA faces resistance at $0.254, while $0.233 remains key structural support aligned with its 200-day moving average. Cardano has seen its strongest whale activity since June as ADA's market cap climbed 42% since Sept. 16. Santiment Intelligence reported 413 transactions worth at least $100,000 in one day, while ADA's social dominance reached 1.16%. The rise followed ADA's move from about $0.19 to $0.27 alongside several Cardano developments.

Source: Crypto Front News