Despite the chart not looking great compared to others, on-chain data is more optimistic, particularly as it reveals an uptick in the number of “whales” transacting on the Cardano blockchain. Specifically, the number of ADA transactions that exceed $100,000 on the Cardano network is on the rise. 🐋 This trend indicates institutional investors' and ADA whales' increasing engagement, shedding light on their investment strategies.
At the same time, a MASSIVE Cup and Handle shows potential for 14$ ADA by end of 2025.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.