Coin-Turk 10 minutes ago
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Despite a downward trend in the cryptocurrency market, the price of Cardano 
$0.77794 (ADA ($0.79)) has demonstrated a consistent rise over the past three days. Since the beginning of the week, ADA has increased by over 11%, trading around $0.76 during Wednesday’s European session. The altcoin has garnered significant attention from large investors, supported by important network developments and growing institutional demand in recent months.
Whales Increase Their Purchases
According to on-chain analysis platform Santiment, whale-level investors holding at least 1 million ADA have purchased an additional 1.41 billion ADA since November 2023. This acquisition corresponds to 2.35% of Cardano’s total supply.
The growing interest from institutional investors can be attributed to the network&r…
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