ADA Surges 5% as Whales Accumulate 454 Million Tokens, Retail Investors Exit Amid Hard Fork Anticipation

Cardano (ADAUSDT) saw a 5.24% price increase in the last 24 hours, rising from 0.2845 to 0.2994, primarily attributed to accumulation by large holders, as Santiment data shows whales have accumulated over 454.7 million ADA in recent months while retail investors sold off their positions. This divergence between institutional accumulation and retail selling, combined with ongoing technical developments such as the anticipated 2026 Hard Fork Update, has helped support ADA's price rebound despite a recent correction and broader market weakness. The market currently reflects active trading with a 24-hour volume between $703.8 million and $1.02 billion, a circulating supply near 36.05–37 billion ADA, and a market capitalization around $10.78–$10.84 billion, with ADA/USDT remaining the most active trading pair on major exchanges.