The post Can Cardano Price Rally Amid Whale Accumulation and eToro ADA Relisting? appeared on BitcoinEthereumNews.com.

In seven days, Cardano (ADA) whales purchased over 180 million tokens, leading to Cardano price rally speculation. At the same time, investors will have more chances to join as eToro relists Cardano. These developments happen while the SEC continues to look into Grayscale’s application for the ADA ETF. Cardano Whale Accumulation Surpasses 180M ADA in 7 Days Large Cardano holders, who keep 10 million to 100 million ADA, bought around 180 million ADA over the past week. According to Santiment data shared by Ali Martinez, the amount of the crypto held by whales keeps rising during periods of moderate price increases. Source: X Notably, accumulation began in May and sped up gradually over a few days. Higher ADA exposure by large entities pushed its price higher, setting a sequence of improved lows. Although volatility remained during the accumulation phase, whales’ activity usually predicts a time when interest in the asset rises. In general, whale accumulation signals strong confidence, particularly when it occurs alongside regulatory clarity. Cardano price and trading volume are rising steadily, with key support levels showing strength. Cardano Price Eyes Rally as eToro Restores ADA Access to 38M Users More so, following eToro making ADA available again to trade, Cardano retail access improved for over 38 million users. Consequently, the relisting means the token can be traded once again on the popular application. This is after it was taken off last year due to new regulatory rules in some areas. Furthermore, adding Cardano to eToro’s platform may improve both the visibility and the available supply of the asset. The timing of this move coincides with ongoing accumulation by institutional-scale wallets, suggesting broader interest across both institutional and retail segments. SEC Extends Grayscale’s Cardano ETF Review Period In other developments, the SEC has officially extended its review of Grayscale’s…

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Filed under: News - @ May 30, 2025 2:27 am