Cardano Price Jumps 6%, Whale Accumulation Fuels $0.30 Target

The Cardano price experienced a significant surge of over 6% this week, driven by increasing whale accumulation and growing on-chain activity.

Large holders have been actively buying up ADA, scooping up more than 30 million tokens in the past seven days alone. This increased demand has also led to an expansion of Cardano's tokenized real-world asset (RWA) ecosystem, which now stands at $55.3 million.

This influx of investment and activity suggests growing investor confidence in ADA, with buyers defending a critical support zone to prevent further price drops.