Cardano (ADA) has recently witnessed a significant 81% surge in its price over the past week. Such a noteworthy increase has drawn attention within the cryptocurrency community.
The rise in ADA's price is largely attributed to the strategic activities undertaken by large investors, often referred to as 'whales', who seem to be positioning themselves ahead of anticipated key price targets.
This surge highlights a changing dynamic in ADA’s trading patterns, as extensive investments signal potential further price developments moving forward.