Cardano is one of the top cryptocurrency tokens on the market, but its price performance has been poor lately. After hitting a high of $0.96 in early 2025, the token has been dormant for some time now as it seeks a brand new low of $0.20. That said, ADA’s low price performance is yet another surprise to investors who have continued to take advantage of buy-on-the-touch opportunities. Is Cardano poised for an amazing breakout in the near future? Let’s find out.
Cardano’s whale is gaining momentum
According to the latest report by Santiment, the Cardano whales are currently busy buying ADA dips and are currently scooping up large amounts of ADA. The report outlines how investors are currently amassing around 819 million ADA tokens, with 100,000 to 100 million ADA wallets among others. This roughly indicates that almost 1.6+ Cardano supply has been added by such investors, demonstrating that their ever-loyal investors are up to date and showing confidence in the Cardano ADA ecosystem.
“🐳🦈Cardano’s main whales and sharks have been quietly accumulating over the past six months. While its price has fallen over 71% from $0.90 to $0.26, wallets with ADA between $100,000 and $100 million added +$819.4 million ADA ($213.9 million) and +1.6% of total supply.”
Despite the slow price pace of the market, the Cardano loyal ecosystem continues to work tirelessly to launch new additions with the aim of making ADA the top cryptocurrency.
Additionally, Cardano founder Charles Hoskinson recently praised progress across the crypto space, adding that Cardano continues to be the best performer for certain coins and blockchains despite devastating market pressures.
“Update: #Cardano $ADA founder Charles Hoskinson says, “A look at all the major cryptocurrencies in progress, from Ethereum with the crypto Menpool to Firedancer with Solana to Laios. We are winning, becoming more private, decentralized, and trusted, and we have the power to run the world.”
Future updates for ADA
According to CoinCodex ADA statistics, Cardano could reach a new high of $0.29 by 2030. However, if the market continues to support this token, the price of ADA could exceed expectations and bring new momentum to the asset.
“Cardano could reach $0.2766 (+3.43% compared to current rate) by the end of 2026, $0.2997 (+12.07%) by 2030, and by 2040. $0.4532 (+69.52%) by 2050 and $0.4450 (+66.43%) by 2050. All values represent year-end price estimates based on our model. ”