Cardano is experiencing increased momentum as whale investors accumulate massive amounts of ADA, the platform's native cryptocurrency. Recently, there has been a surge in purchasing activity, with whales acquiring 130 million ADA.
This accumulation underscores a growing confidence in Cardano's future direction and its potential to break above critical resistance points in its price trajectory.
As Cardano approaches these key levels, the market watches to see if these investments will drive the price beyond the significant mark of $1.
