Recently, there has been a notable trend in the cryptocurrency market. It has been observed that certain large holders have increased their holdings by approximately 180 million ADA (the native token of Cardano) within just 48 hours, which exceeds the previous increase of 150 million.

Currently, the trading price of ADA fluctuates between 0.83 and 0.9 USD. It is worth noting that the on-chain address activity has significantly increased, and this unusual activity is often seen as a precursor to price hikes.

Analysts suggest that investors closely monitor the price movement of ADA, especially when approaching the previous high range of $1.2 to $1.3. This price range may become an important resistance level.

As large holders increase their ADA holdings, market participants are speculating that this may signal a potential rise in future prices. However, the high volatility of the cryptocurrency market means that investors should remain cautious and conduct comprehensive market analysis when making decisions.

ADA, as the native token of the smart contract platform Cardano, its price trend not only reflects investor sentiment but also to some extent represents the outlook on the development prospects of the Cardano ecosystem. With the continuous evolution of blockchain technology, the future trend of ADA will continue to be closely monitored.