In the context of the cryptocurrency market experiencing significant fluctuations, the price of #Cardano (ADA) has undergone a strong adjustment phase. However, the latest on-chain data shows an intriguing opposite signal: while the price is decreasing, "sharks" and "whales" are actively accumulating millions of USD worth of ADA. This raises a big question: Is a strong recovery on the horizon?
Overview of the current price situation of Cardano (ADA)
As of the end of February 2026, #ADA is trading around 0.27 USD. This is a rather modest figure compared to the peak of 2025, equivalent to a decline of over 70% in the past 6 months. Specifically:
24-hour volatility: Slight decrease of about 2.7%.
Trading volume: Reached about 339 million USD, indicating that speculative activity is somewhat cooling off.
Long-term trend: ADA remains below significant moving averages (20-day and 50-day SMA), confirming that the downtrend is still prevailing on the technical chart.
Signals from 'Whales': 213 million USD has been poured into ADA
Data from Santiment indicates that wallets holding between 100,000 and 100 million ADA have accumulated an additional 819.4 million tokens in the past six months. The total value of this accumulation is estimated to reach 213.9 million USD.
Typically, the act of large investors increasing their positions when prices fall is a sign of long-term accumulation. This indicates that institutions and individuals with significant capital believe that ADA is at an attractive price point. This is a common scenario seen in the late stages of a bear market, when retail investors leave the market and 'big players' begin to build positions for the next growth cycle.
Driving forces from the ecosystem and organizations
Not only is there capital flow from whales, but Cardano is also receiving much positive information on a fundamental level:
The Midnight network: This privacy-focused blockchain is about to launch its mainnet, promising to open up many new applications in the secure finance sector.
Institutional interest: Grayscale Investments has increased its holding of ADA in its portfolio. Additionally, ADA has been approved as collateral for loans on Coinbase.
Liquidity: The listing of futures contracts and ETF filings related to ADA is bringing this asset closer to traditional financial markets.
Technical analysis: Awaiting a breakout
Although the downtrend is still evident, technical indicators are showing signs of stability:
RSI Index: Currently fluctuating in the 30-40 range, indicating that selling pressure is gradually weakening even though growth momentum has not truly returned.
Bollinger Bands: There are signs of tightening (Bollinger Band Squeeze). This condition often precedes a strong price volatility.
Support/Resistance level: The range of 0.25 - 0.26 USD is acting as a solid support level. Conversely, if ADA surpasses the 0.30 USD mark, a short-term upward trend may be established.
Conclusion
Cardano (ADA) is at an important threshold. Although the current price is still under pressure, strong accumulation from large entities and technological advancements indicate potential for long-term recovery. Investors need to closely monitor the resistance level of 0.30 USD to confirm whether a reversal is truly occurring.
Note: This article is for informational and market analysis purposes, not investment advice.
