Analysts continue to receive strong support from major players in the market for an alternative coin deeply rooted in the market, full of hope for the future PA.

Blockchain analytics platform Santiment pointed out that the long-term holding trend of Cardano (ADA) investors is worthy of attention. In particular, large investors known as whales and big sharks have continued to increase their ADA assets in the past 15 months. During this period, despite market fluctuations, the ADA price has risen by 107%, gaining strong momentum.
According to Santiment's report, wallets with a balance of 1 million ADA or more continue to buy without being affected by price fluctuations. Since November 2023, large investors have added a total of 1.41 billion ADA, which is equivalent to 2.35% of the total ADA supply, worth approximately $10.96 billion.
This large-scale accumulation trend provides important support for ADA's PA. Especially on days with significant market volatility, ADA's positive differentiation has become an important development of investor attention.
Since November 2023, the price of ADA has risen by 107%, indicating that large investors have begun to accumulate. Santiment points out that if this trend continues, ADA's price performance may be further enhanced.
On the other hand, for ADA, the submission of the (SEC) Exchange Traded Fund (ETF) application to the U.S. Securities and Exchange Commission has also increased the interest of large companies in the project. ADA gaining more recognition from institutional investors may have a positive impact on the price.
In this case, large investors continue to accumulate ADA, indicating that the future of the cryptocurrency coin has more potential for upward movement.#创作者挑战赛