Since the data on the chain show a noticeable increase in activity and accumulation of wallets, Cardano attracts great interest from potential investors. The surge in the activity of investors is indicated by the latest indicators, suggesting that interest in the asset and its ecosystem is growing.
According to online analytics, the number of wallets containing ADA in the amount of 1 to 100 dollars has increased by 237.44%over the past year. Wallets containing from 10 to 100 dollars also increased by 18%. Retail interest, apparently, is growing due to an increase in the activity of small wallets. In larger categories of wallets, such as from 1000 to 10,000 dollars and from 10,000 to 100,000 dollars, at the same time there was a decrease, which suggests that the ADA was redistributed between different groups of investors.
From the point of view of the prices of the case, the ADA go well; He overcame the important resistance at the level of 50 EMA and is now trading about $ 1.08 per share. Earlier, ADA faced a serious obstacle at this level, but her breakthrough suggests that the growth potential can be even greater. On the other hand, the volume of bidding was consistently reduced, which suggests that recent price movements did not receive strong support from the market participants.
The balance of assets also demonstrates an unstable picture. Growth was observed to addresses with a price of less than $ 10, which may indicate the growth of smaller recent investors. On the other hand, the remains in higher categories, especially those that exceed 1 million dollars, were reduced, which may indicate that larger holders recorded a profit or redistributed funds.
A decrease in trading volumes creates difficulties for ADA, despite the increased interest and activity that potentially limits its ability to maintain long -term growth. But if the current trend is preserved, the ADA can aim at the $ 1.20 resistance level in the coming weeks. In general, Cardano onchain-metrics demonstrate dynamic changes in the activity of investors, which indicates a revival of confidence in the asset.
To fully benefit from this impulse, network and assets will require stable volumes and wider market support. Support for $ 1.00 and a resistance of $ 1.20 are key points in the price of the ADA price trajectory, which investors should carefully monitor.
