Cardano Whales Keep Buying As This ADA Price Indicator Flashes “Buy”

The ADA price is still under pressure after dropping 3.93% over the last 24 hours to around $0.261. The broader crypto market also weakened, and the Altcoin Season Index fell nearly 20% to 33, showing that money has been rotating away from smaller altcoins for now.

Even so, Cardano is starting to attract attention again because of what large holders are doing behind the scenes. Whale wallets have continued accumulating ADA aggressively despite the prolonged downtrend, and some analysts believe the market may finally be getting close to a reversal point.

ADA Whales Are Still Buying

One of the biggest developments around the ADA price is the continued whale accumulation. Coin Bureau reported that large Cardano holders now control 25.09 billion ADA, which equals about 67.47% of the total supply. That is the highest concentration level seen since July 2020, right before Cardano’s previous major rally started.

What makes this even more interesting is the timing. The ADA price has collapsed from nearly $1.00 in late 2025 down to around $0.26 today, a decline of more than 70%. Normally, that kind of market weakness scares large investors away. Instead, whale wallets kept increasing their exposure during the decline.

That creates an interesting contrast in the market. Retail participation has slowed down sharply, but bigger players appear to be treating this area as a long-term accumulation zone.

There are still weak spots in the ecosystem though. Cardano’s DeFi TVL is down roughly 80% from its 2024 peak, daily DEX volume remains close to $2 million, and active addresses are hovering near 16,000. So even though whales are accumulating, broader on-chain activity still needs to recover.

Analysts Think ADA Selling Pressure May Be Slowing

We had a look at the ADA chart shared by TheCryptoBasic, and the structure shows signs that the downtrend may finally be cooling off. Cardano has spent months printing lower highs and lower lows after falling from the $0.95-$1.00 region.

Now the pace of the decline is starting to flatten. Between March and May 2026, the ADA price stopped falling aggressively and began stabilizing near the $0.24-$0.26 support zone. Ali Martinez also pointed to a fresh SuperTrend buy signal appearing near current levels after the same indicator correctly flashed a sell signal close to the top of the previous cycle.

The chart also shows ADA trading in deeply oversold territory across several timeframes. Combined with the whale accumulation data, traders are starting to watch closely for signs that a capitulation bottom may be forming.

The first important resistance zone sits between $0.30 and $0.32. If buyers manage to reclaim that area, traders could start targeting higher levels near $0.35 and $0.38. Beyond that, a stronger recovery could eventually push the ADA price back toward the $0.45-$0.55 region.

Read Also: Cardano News: Despite 71% Price Crash, Millionaire Wallets Keep Adding ADA

What Comes Next for ADA?

Even with improving technical signals, Cardano still depends heavily on overall crypto market conditions. The latest drop had very little to do with Cardano-specific news and mostly followed Bitcoin’s decline and the broader risk-off move across altcoins.

That remains one of the biggest short-term risks for the ADA price. If Bitcoin loses key support levels again, altcoins could continue struggling even if their individual charts begin improving.

Longer term, traders are still paying attention to Cardano’s upcoming Van Rossum upgrade and the Ouroboros Leios scaling proposal. The Leios proposal aims to improve transaction throughput dramatically and could eventually help Cardano process more than 1,000 transactions per second.

For now, the combination of slowing selling pressure, deeply oversold conditions, and record whale accumulation is keeping Cardano on traders’ watchlists. The next major step for the ADA price is reclaiming the $0.30 resistance zone and proving that buyers are finally ready to take control again.

FAQs

Why are Cardano whales important

Large holders, often called whales, can heavily influence market supply and sentiment. Whale accumulation is usually viewed as a sign that bigger investors believe prices may recover over time.

What is the Van Rossum upgrade

The Van Rossum upgrade is one of Cardano’s planned protocol improvements aimed at improving smart contract performance and network functionality.