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Recently, Cardano 
$0.707224 (ADA) has been experiencing a downward price trend, drawing attention to the buying strategies of large investors. Whale movements and increased network activity are interpreted as signs that the price might recover. So, what do these developments mean for ADA investors?
Whales’ Aggressive Buying Strategy
According to on-chain analyst Ali Martinez, in the last three days, Cardano whales have purchased a total of 130 million ADA. The total value of these purchases is estimated to be around $97.5 million. The intense interest from large investors is seen as a potential indicator that the price could rise again.
Retail investors are also showing interest in buying ADA. As small investors become more engaged in the market, noticeable fluctuations in price movements are occurring. Experts suggest that this surge in buying could lift the ADA price above the $0.70 mark. However, they emphasize that caution is always necessary in the market.
Network Activity and Future Expectations
Despite the price decline, the Cardano network continues to maintain its activity. Although a decrease in unique wallet transactions has been observed, institutional investments and new partnerships could be a positive signal for ADA. Analysts believe the price could revisit the previously tested level of $1.13.
Frederik Gregaard, CEO of the Cardano Foundation, revealed that the network is working with NASA on satellite data and provenance tracking. Such technological advancements indicate that Cardano may have broader applications in the future. Innovation within the ecosystem could build long-term confidence among investors.
The development of decentralized applications (dApps) on ADA also provides a significant advantage. Experts suggest that the network could attract more projects and investors over time. However, a 22.7% drop in trading volume raises questions about the overall market situation.
While there are varied opinions on market movements, whale purchases and institutional collaborations offer promising signals for Cardano’s future. Investors are advised to closely monitor price movements.
