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Cardano ADA Surges 8% as Crypto Whales Dive Back In

Cardano ADA Surges 8% as Crypto Whales Dive Back In

Author:
Coingape
Published:
2026-01-02 11:23:49
6
1

Whale wallets are on the move again, and Cardano's ADA is riding the wave.

The Big Money Returns

After a period of relative quiet, large-scale investors are piling back into ADA. Their buying spree fueled today's sharp price jump—proof that when the so-called 'smart money' decides to act, the market still listens, at least for a headline.

What's Driving the Rally?

It's not about new fundamentals or a sudden protocol upgrade. This is a classic liquidity play. Whales are positioning, likely anticipating a broader shift in sentiment or hunting for short-term momentum. They buy in size, the price ticks up, and the retail crowd takes notice—a cycle as old as trading itself.

The Cynical Take

Let's be real: an 8% move in crypto is a Tuesday. It generates buzz, gets people talking about 'the comeback,' and distracts from the fact that most portfolios are still waiting for the last cycle's promises to materialize. In traditional finance, this might be called 'seasonal volatility.' Here, we call it 'building momentum.'

The takeaway? Whale activity is a powerful short-term signal, but it's not a long-term strategy. ADA's network continues to build, but today's action is a reminder that price often moves first on flows, not fundamentals. For now, the big players are back in the pool—just watch out for the splash when they decide to leave.

Cardano Price Prediction: Will ADA Reclaim $0.50 and Open the Path Toward $1?

Cardano (ADA) has started 2026 on a positive note, rising nearly 8% today, moving above the $0.36 level and ranking among the day’s top altcoin gainers. This rise comes after a rough December, when ADA fell nearly 20%, leaving many investors cautious.

So, what’s driving Cardano’s price higher today?

CryptoQuant Data Shows Whale Buying

One of the clearest signals behind ADA’s rise comes from CryptoQuant data. Recent on-chain numbers show an increase in activity from large holders, often called whales. Both spot and futures data point to bigger orders entering the market.

When whales begin to buy again, it often signals growing confidence. According to CryptoQuant, market conditions are easing, and buy-side pressure is slowly increasing. This supports the idea that the current MOVE is more than just a random bounce.

Beyond trading data, Cardano’s network is showing real signs of use. Transaction activity and wallet interactions have increased over recent days. This means users are actively using the blockchain, not just holding ADA.

Cardano DeFi TVL Shows Signs of Recovery

Another positive signal comes from Cardano’s DeFi ecosystem. According to DefiLlama, Cardano’s TVL increased by 4% in the last 24 hours, reaching about $178.9 million. This means more users are putting their funds into Cardano-based DeFi platforms.

When more money flows into DeFi, it usually shows growing trust in the network, which can also increase demand for the ADA token.

Cardano Price Analysis

For several months, ADA has been moving inside a falling wedge pattern. This happens when the price keeps going down, but selling slowly becomes weaker. As the range gets tighter, it often means a big move is getting close.

Right now, ADA is holding NEAR the $0.35 support level. This area is helping the price stay stable, and buyers are slowly stepping in, showing that selling pressure is easing.

Crypto trader Captain Faibik shared a chart showing ADA near the end of this falling wedge. He believes a breakout could happen if the price moves above the upper trendline.

CARDANO price chart

As long as ADA stays above support, the setup remains healthy. If the breakout happens, the price could move toward the $0.52–$0.55 zone, which WOULD mean nearly a 50% rise from current levels.

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