Cardano's ADA Token Soars on Bullish Chart and Whale Buying Spree

Cardano's ADA token has been on a tear lately, emerging as the best-performing digital asset over the past week. According to popular analyst Sjuul of AltCryptoGems, its chart is 'probably one of the best-looking charts among the major caps.' The recovery from a multi-year low of under $0.14 in June to the current price of around $0.2014 (per CoinGecko) represents an 18% weekly increase.

The sudden and unexpected revival is attributed to the return of 'whales,' who purchased over 240 million coins in less than a week, as well as Cardano's transition into the Dijkstra development era, which makes it the first chain to fund core development from its community treasury. Analyst Rand Group believes that recovering the key zone of $0.25 could trigger 'the full bullish reversal.'

Another analyst, Sssebi, is more optimistic, pointing out that ADA has broken above the 20-week MA on the ADA/BTC chart for the first time since October 2025. Historically, this has preceded a 50%-200% rally.