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In just a few days, it will be two months since Cardano (Ada) reached his post-exhibit climax of $ 1.24. Despite pulling 23% from that high, it still holds strong, which is more than 180% from a low choice.
This consolidation could be a bull’s signal, holding weak hands hungry for “potential” aversion.
Fast view of Cardan’s daily ladder price reveals a clear trend: consistency. Each drop in $ 0.60 is satisfied with a solid jump, which suggests constant accumulation.
He speaks even more, the best two wallets on Ada -have been training since their last top, adding billions to their stakes.
Source: Santiment
But the volume of trading slowed down. The last pump recorded an increase of more than a billion volume, but is now struggling to reach 300 million. On top of all, Daily Active AddressThey fell from the net for a whopping 65%, now sitting at only 38.7k.
This explains why Ada struggles to stay above $ 1. While whales continue to load, providing short relief, the lack of fresh retail capital maintains a raid raid. Shortly taking profit pulls the price back to the support level, leaving the market in the jar.
Still, there is a silver lining: number The Ada owner has increased by a million in the last two months, reaching 4.41 million. Although the purchase of interest may have cooled, the fact that these owners stick around could be a game exchanger.
How? Once the market is recovering, BTC breaks resistance, and fresh capital flows on the market, Ada could see a significant increase in the past of its earlier top.
Cardan’s future is not just in changes to Ada -e. As a blockchain layer 1, his true potential lies in his ability to innovate in the long run. In a recent interviewThe Cardanoa CEO, Charles Hoskinson, suggested an exciting opportunity: Bridge with Bitcoin.
Simply put, the idea is to enable smart contracts on Bitcoin using a Cardano -based basic technology. Result? Increased liquidity and growing demand for ADA.
Read the prediction of prices Cardano (ADA) 2025–2026
Although this is still a future project, it is definitely worth watching. As the crypto space becomes all connected, the partnership of Cardano-Bitcoin (BTC) does not seem so far away.
So, despite the decline in buying momentum, Ada consolidation is still a bull’s sign. Developers use Fomo to attract new liquidity, making a hoding Ada with a smart move.