#大户持仓动态 ADA has been quite interesting lately, with a 3.57% increase over the past 24 hours, approaching the short-term resistance level.

From on-chain data, the Cardano ecosystem is progressing rapidly—expected to launch v11 hard fork in early 2026. This upgrade can boost transaction processing capacity to 10,000 transactions per second, which is a significant enhancement. Additionally, on-chain governance has just voted to restore the Constitutional Committee, clearing some architectural bottlenecks. These developments indicate that the project is making tangible progress.

There are also movements on the institutional side. ADA has been included in multiple crypto asset ETPs, showing that traditional capital is gradually entering the space. Interestingly, whales are quietly accumulating—especially addresses holding between 1 million and 10 million ADA, which have added over 630 million tokens in this round. These are positioned near support levels, clearly with a plan.

But it’s not all positive. The price of ADA in 2025 took a significant hit, which has caused some concern among holders. Market perception of cryptocurrencies is changing, with some voices linking the crypto space to partisan sentiments, which could impact the overall narrative of the industry. Additionally, some community members have raised concerns about certain fund allocations, worried that resources might be diverted from the main chain.

Overall, the fundamentals look good, but price performance and market sentiment still require close attention.