The latest ADA surge has pushed the Ethereum killer to a 25% weekly gain. Large crypto whales have backed this move heavily. The ninth-largest cryptocurrency shows strong blockchain scalability amid market volatility. Trading volumes have jumped past $1.34 billion.
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Whale Investments Push ADA’s Price Amidst Market Volatility And Scalability Concerns
Major Whale Accumulation
Whales bought over 40 million #Cardano $ADA in the last 48 hours! pic.twitter.com/YMc1dxQzjd
— Ali (@ali_charts) January 4, 2025
The ADA surge got stronger when crypto whales bought more than 40 million ADA tokens last week. “Whales bought over 40 million #Cardano $ADA in the last 48 hours!” reported on-chain specialist Ali Martinez. IntoTheBlock data shows these whales now own 8.48% of all ADA tokens. This proves big investors trust this Ethereum killer.
Technical Indicators and Market Performance
Market volatility readings point to more growth ahead. The MACD shows a clear “Buy” signal. The Awesome Oscillator backs this up with good news. SlumDOGE Millionaire put it simply: “ADA looks so primed right now.” Many traders agree with this view.
[Image 2: Cardano’s weekly price performance showing the 28.43% increase]
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This ADA surge links directly to big political changes. ADA had a tough 2024 until Trump won the presidency. Then it shot up 44% for the year. Charles Hoskinson might work with Trump’s team on crypto rules. This news makes people trust ADA’s blockchain scalability more.
$ADA looks so primed fight now 😳 pic.twitter.com/ei71jOIgZQ
— SlumDOGE Millionaire (@ProTheDoge) January 5, 2025
Trading Volume and Market Impact
Trading volume went up 35% to $1.34 billion during the surge. More people want to buy the Ethereum killer now. The Bull Bear Power shows equal buying and selling. But other signs say buyers are winning.
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Future Outlook
The ADA surge keeps going, thanks to crypto whales and good market feelings. Market volatility helps ADA right now. The coin shows better blockchain scalability each day. It fights hard against other smart contract platforms. People who track the market think it will keep growing.