ADA, the native token of the Cardano blockchain, is gaining significant attention from crypto giants despite its ongoing price consolidation. On December 17, 2024, data from on-chain analytics firm Santiment revealed a massive rise in whale activity on the Cardano network, signaling potential upside momentum.

Cardano's founder, Charles Hoskinson, is doubling down on his mission to transform blockchain governance. In a recent post, he shared that Cardano is on the brink of achieving what he calls a decentralized revolution.

Recent data reveals a substantial surge in whale activity on the Cardano (ADA) network. Analyst Ali Martinez reported 687 transactions exceeding $1 million within 24 hours, signaling strong interest from large investors.

Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.

As the year draws to a close, Ethereum rivals are gaining traction in the cryptocurrency market. Investors are focusing on altcoins with high growth potential, expecting substantial returns before January 2025.

Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.

Cardano's price has remained sideways this month, but a rare chart pattern indicates a potential comeback in the coming weeks. Cardano (ADA), the popular layer-1 cryptocurrency, is trading at $1.06, down nearly 20% from its highest level this year.

The Cardano (ADA) community received a notable warning that could help them protect their funds. Caution is necessary following a significant development in the community, particularly as they anticipate a favorable shift in the market.

The cryptocurrency market remains mainly red, according to CoinStats.

As more and more people look to the digital asset investment products field, Cardano (ADA) made a name for itself in last week's inflows, standing out from the crowd in a very competitive landscape. According to CoinShares, funds flowing into digital asset ETFs reached $3.23 billion, marking its 10th consecutive week of growth.

Cardano's price has been following Bitcoin over the past few weeks but is yet to create a new record high. Yet, it might do so soon if it is able to take out this one significant obstacle.

Cardano, a leading proof-of-stake cryptocurrency, has witnessed price surge, which is good news for the market. The broader crypto market recovery to earlier this year is drawing in this new wave of investment.

Cardano (ADA) faces the risk of slipping below the critical $1 mark after days of volatile, see-saw price action. Since the weekend, the altcoin has struggled to stabilize, hovering around the same price region.

Charles Hoskinson, founder of Cardano, has presented an innovative roadmap that will guide the development of the blockchain until 2025.

Bitcoin (BTC) surged to a new all-time high during early Asian trading hours, hitting a peak of $106,449 before declining to its current level. The rally came as speculations grew about it becoming a United States reserve asset.

Over the past few months, Cardano founder Charles Hoskinson has showcased a number of new projects he has been working on. This includes a push to bring decentralized finance (DeFi) to Bitcoin (BTC) and Quantum Hosky.

An on-chain analyst says deep-pocketed investors are loading up massive amounts of Cardano (ADA) and a top memecoin as the market went sideways for the past week. Analyst Ali Martinez tells his 98,800 followers on the social media platform X that crypto whales accumulated $85.6 million worth of ADA in a couple of days.

Cardano's value has declined by double digits over the past week. It currently trades at $1.04, recording an 11% price drop during that period.

Retail investors have reduced their holdings, while whales' growing positions hint at potential bullish momentum for ADA.

Cardano bull and top analyst Dan Gambardello recently spotlighted a major trend in ADA that has won the hearts of the project's skeptics. With the ADA price jumping to a three-year high over the past month, Gambardello said the coin's growth has woken up many people.

Cardano has dropped 9% this week, struggling below $1.12 resistance. However, rising whale accumulation signals the potential for a price rebound despite the declining retail activity.

Cardano founder Charles Hoskinson has heavily criticized the actions of the Wyoming Token Commission. In a recent post on microblogging platform X, Hoskinson did not hold back, ripping into Wyoming Token Commission executive director Anthony Apollo over snubbing Cardano and Ripple in an upcoming stablecoin project.

Whale activity has surged in the last 24 hours, Crypto analyst Ali Martinez has recently observed significant whale activity in major cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during a market dip.

Charles Hoskinson, the creator of Cardano (ADA), has stirred the social media space and community members with an intriguing post. Taking to X, where he has over 1 million followers, Hoskinson updated the community of a meme coin "ace" up his sleeves.

As Cardano (ADA) attempts to maintain its price above the $1 support, OpenAI's ChatGPT-4o has offered several scenarios for the decentralized finance (DeFi) asset on the last day of 2024.

A widely followed crypto analyst is highlighting whale activity surrounding popular crypto assets such as Bitcoin (BTC), Dogecoin (DOGE), Cardano (ADA), and XRP during this week's market dip.

Bitcoin's recent surge toward the $100,000 mark has raised widespread excitement, but also raised concerns regarding the sustainability of the rally. While this price level signifies an important milestone for the world's largest cryptocurrency, market observers are cautious about whether Bitcoin can maintain its current trajectory or if it will face a retracement.

Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.

Cardano (ADA) has surged over 100% in the past 30 days but has declined nearly 4% in the last week, indicating short-term selling pressure.

Charles Hoskinson, the founder of Cardano and the network's firm IOHK, has unveiled an ambitious roadmap to achieve full decentralization of Cardano by the end of 2025.

In his latest livestream , Charles Hoskinson, founder of Cardano (ADA) and CEO of Input Output Global (IOG), laid out a vision for the blockchain network's governance, institutional structures, and strategic milestones leading into 2025.

Cardano price, a proof-of-stake cryptocurrency, has recently witnessed a significant price increase amid a broader market rally. The altcoin's upward momentum reflects heightened investor interest, paralleling gains in other cryptocurrencies.

In a recent tweet, the Cardano Foundation stated that it had reestablished control of its official X (previously Twitter) account following an unauthorized access incident.

The Cardano Foundation (CF) has regained control of its official X account after it was compromised in a hacking incident. The breach, which occurred on Dec. 8, saw the account misused to promote a fraudulent ADASOL token.

Cardano, one of the leading proof-of-stake (PoS) blockchains, has taken a significant step towards a more decentralized and participatory ecosystem with the release of Daedalus v7.0.0. This update of the full-node wallet, developed by Input Output Global (IOG), introduces new features designed to enhance Cardano's governance and optimize the use of the ADA token.

The price of Cardano (ADA) has continued to recover from the bottom of the chart after being trapped at the high of $1.20. The cryptocurrency is recovering and is on track to reach its peak price of $3.00.

Cardano (ADA), one of the leading altcoins, continues to trade above the $1 mark despite tempered sentiment on the broader market. At the same time, there are discussions about a potential supercycle for ADA.

Cardano faces bearish pressure despite whales buying 80M tokens, signaling potential overvaluation and a likely market correction.

Cardano price started a downside correction from the $1.1780 zone. ADA is consolidating and facing hurdles near the $1.180 and $1.200 levels.

Cardano (ADA) has experienced a notable rebound, fueled by a steady recovery in the broader altcoin market. After a dip earlier in the week, ADA has successfully defended its key $1 support level, making it a focal point for traders.

The price movement of Bitcoin close to $100,000 has drawn a lot of attention and represents a crucial technical and psychological turning point for the market. Although the milestone is remarkable, there are legitimate concerns regarding the rally's sustainability and the potential for a retracement.

In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.

Cardano price has climbed significantly over the last month, aligning with the general uptick in the crypto market. As Bitcoin maintains its position of over $100,000, investor enthusiasm appears to be heightened.

Amid the ongoing market volatility, the crypto space has experienced a strong bullish recovery over the past few hours. Following this, the ADA price regained momentum and recorded a double-digit price surge in its respective portfolio.

XRP's meteoric rise in the first week of November elevated its market capitalization from around $30 billion to an impressive $135 billion. This surge momentarily overtook Tether, securing XRP's position as the third-largest cryptocurrency by market cap after Bitcoin and Ethereum.

ADA is the best-performing top 10 cryptocurrency today (December 12).

However, there is the possibility that a new speculative bubble on the price of ADA has started to inflate.