🚨 Cardano Whales Move a Massive $6 Billion in Just 24 Hours! Is a Huge ADA Rally to $0.50 Imminent? 🚨

Cardano (ADA) has seen a big rebound, up almost 4% in the last 24 hours, driven by huge whale activity. ADA had a rough start to the week, dropping by 9.5% to a low of $0.33260, but it's now climbed about 6% from that bottom.

Large holders, also known as whales, were behind this surge, moving $6 billion worth of ADA in just one day. Data from IntoTheBlock reveals that whale transactions totaled $24.18 billion in the past week, showing a major increase.

Recent developments in the Cardano ecosystem, like upgrades to v.9.2.0 and v.9.2.1, have attracted more blockchain developers, with 1,376 active projects being built on Cardano by the end of September. On-chain metrics and whale activity suggest a more optimistic outlook for ADA's price.

Currently, ADA is trading at $0.354, with the first target to break $0.40 on its way to $0.50. Will ADA continue to rise, or is another dip on the way?

Share your thoughts! 🚀