Cardano’s 1,132 Whale Transactions Signal $10 Price Breakout Potential
Cardano (ADA) is moving up as big players re-enter the market and the price is speculating to go up.
According to Santiment data, a whale transaction spike was recorded when ADA hit $1.13—the highest in three months.
1,132 whale transactions above $100,000 on March 4.
Mean Dollar Invested Age dropped to 529.05 days.
2,671 large transactions on ADA when it crossed $1.13.
Historically, whale activity and token movement precedes major price rallies. Cardano might be gearing up for a big breakout.
#Cardano $ADA Price Eyes Breakout To $10 as Network Activity Soar
— Barrypair (@barrypair) March 5, 2025
Can Cardano Reach $10? Key Price Drivers
At the moment ADA is at $0.9369, 9.82% up in 24 hours. ADA has been between $0.7684 and $0.9502. Strong buying interest.
ADA was 80% up earlier in 2024 and 35% this week.
Open interest in ADA futures is 6% up in 24 hours, 905.62 million ADA (~$842.04M).
Higher open interest means more speculative demand, potentially pushing ADA to $10.
With network upgrades and a bullish crypto market, analysts think Cardano is set for another big move.
ADA to $10 is Inevitable
Facts:
✔️ Ethereum took years to reach $4,000.
✔️ Solana exploded 100X in a cycle.
✔️ Cardano is one major adoption event away from sending ADA to double digits.
Are you watching, or are you ready? 🔥#Cardano #ADA— DeFiOverdrive (@sakuibhan) March 4, 2025
ADA ETF and Institutional Adoption
Beyond on-chain metrics, Cardano’s ETF is adding to the bullish sentiment. SEC has acknowledged Grayscale’s ADA ETF application and Cardano is now with major altcoins waiting for regulatory decision.
Plutus and Plomin hard forks introduced governance enhancements, institutional confidence increased.
Founder Charles Hoskinson is pushing Cardano to track government spending. Cardano is getting more mainstream.
A potential ADA ETF approval will drive significant institutional inflows like Bitcoin and Ethereum ETFs.
With whale activity up, derivatives demand growing and ETF speculation heating up, Cardano might be going for a big move in 2025.
Cardano (ADA/USD) Price Prediction
Cardano (ADA/USD) is showing signs of recovery after a sharp rally and subsequent correction. The price is currently trading at $0.9485, up 0.98%, with buyers maintaining control above the $0.9027 support level. A strong bullish trendline is supporting price action, keeping momentum intact as ADA tests the next resistance at $1.0338.
The 50-day EMA at $0.8061 is reinforcing the broader uptrend, acting as a dynamic support level. A successful break above $1.0338 could drive further upside toward $1.1883, while failure to hold above $0.9027 may invite selling pressure, leading to a retest of $0.7572.
Traders should watch for a breakout above $1.0338 for confirmation of bullish momentum, as volume and trendline support indicate a potential continuation of gains. A move below $0.9027 would weaken sentiment, potentially triggering further downside moves.
ABOUT THE AUTHOR
See More
Sidebar rates
Related Posts
SaveAdd 3440
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals