Cardano (ADA) Price Recovery to $1 Unlikely As Whales Retreat
Cardano (ADA) price surged by 10% in 24 hours, showing signs of a potential bullish trend for 2025. The recovery follows late 2024 gains as broader crypto markets stabilize. However, reaching the $1 mark may face hurdles, with declining whale activity raising concerns. Bitcoin’s climb above $97,000 has boosted market sentiment, contributing to recovery. Cardano’s future momentum depends on growing investor confidence and reduced selling pressure from major holders.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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