Cardano‘s price is under pressure – and yet something amazing is happening: While the majority of investors are getting nervous, the big players are taking action. Whale wallets have purchased over $200 million worth of ADA tokens in just a few days. What do they know that the market doesn’t see?
Selling pressure meets conviction buying
ADA is currently trading in a critical support zone around $0.51. The weekly loss of over 10 percent with increasing trading volume speaks volumes: selling pressure dominates. There is also pessimism in the derivatives market – the funding rate is negative, which indicates short positioning.
But the on-chain data tells a completely different story. According to analytics firm Santiment, wallets with 100,000 to 100 million ADA – the so-called whales and sharks – saw massive access after slipping below $0.50. 348 million ADA worth around $204 million were accumulated. This corresponds to almost one percent of the entire Cardano supply, which was snapped up by major investors in just a few days.
Network is growing – DeFi is weakening
The Cardano blockchain itself recorded significant growth in the third quarter of 2025. Average active addresses increased by 19.2 percent and daily transactions increased by 15.7 percent. The total value locked (TVL) in the DeFi sector also exploded by 28.7 percent to $423.5 million in Q3 – the highest level since the beginning of 2022.
However, there was a correction in November: According to DeFiLlama, the TVL fell back to around $244 million. This development reflects the general market decline in the fourth quarter, which affected all major blockchain platforms.
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Should investors sell immediately? Or is it worth joining? Cardano?
Wirex partnership and Google Cloud
Positive impulses come from the ecosystem itself. At the Cardano Summit in Berlin, EMURGO, the commercial arm of Cardano, announced a strategic partnership with the payment service provider Wirex. Six million Wirex users will gain access to the “Cardano Card” – a Visa debit card that can be used to spend ADA and other cryptocurrencies. Part of the profits flow directly into the Cardano Treasury.
The cooperation between the Midnight Foundation – responsible for Cardano’s privacy sidechain – and Google Cloud is likely to be even more important for institutional investors. Google will act as a validator node operator and provide cybersecurity support. This collaboration is aimed directly at enterprise customers who need blockchain solutions with data protection.
SEC decision still open
The question of a Cardano ETF remains unresolved. Grayscale’s application for a spot Cardano ETF passed its final deadline in October – without a decision from the SEC. The reason: The recent US government shutdown forced the authority to reduce operations. As soon as the SEC is fully operational again, the ETF discussion is likely to reignite.
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Cardano: buy or sell?! New Cardano analysis from November 15th provides the answer:
The latest Cardano figures speak for themselves: there is an urgent need for action for Cardano investors. Is it worth getting started or should you sell? In the current free analysis from November 15th you will find out what to do now.
Cardano: buy or sell? Read more here…
