The post Will Cardano [ADA] reach $1? – Examining KEY resistance levels ahead appeared on BitcoinEthereumNews.com.

Key Takeaways Cardano is witnessing renewed capital inflows from its top 100 addresses, even as Ethereum holders reduce their exposure. Across the broader market, capital liquidity has improved, with spot investors accumulating a notable $66 million. Top Cardano [ADA] addresses—defined as wallets holding over 100,000 ADA—have resumed accumulation. These addresses are now driving the renewed interest in ADA, signaling a potential shift in investor sentiment. According to analysis from Alphractal, accumulation by these top wallets has surged nearly 30% year-to-date. Source: Alphractal Joao Wedson, a crypto analyst commenting on the trend, stated: “[This signals] confidence and a possible strategic positioning for the future.” This consistent accumulation of ADA stands in contrast to ETH, where top holders have recently trimmed their positions. The divergence suggests a possible capital rotation from ETH to ADA—potentially a bullish sign for Cardano. However, broader market consensus points to exchanges driving most of this accumulation. Wedson still sees this as a net positive. “Many associate the largest addresses with exchanges—and that might be true. Still, from this angle, Cardano appears more attractive based on large player behavior.” ADA accumulation surges The Accumulation/Distribution (A/D) chart for ADA, which reflects the prevailing buying or selling trend, currently leans bullish. At press time, the metric showed 52.34 billion ADA in volume traded over the past 24 hours, indicating more bullish than bearish sentiment in the market. Source: TradingView This rise in accumulation has coincided with an uptick in key on-chain and off-chain indicators that confirm the trend. On the on-chain front, liquidity inflows into protocols built on the Cardano network have increased. Data from DeFiLlama shows that the total value locked (TVL) in Cardano-based protocols has hit $352 million as of the past day. This suggests a long-term outlook among investors, who are locking their ADA without clear intent to…

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Filed under: News - @ July 26, 2025 11:21 pm