Cardano climbs nearly 6% in 24 hours as large wallets add about 150 million ADA
AI Market Summary
ADA rebounded ~6% to the $0.16 area as on-chain data shows sustained accumulation by 100K–1B ADA wallets (+150M since June 25), rising futures open interest (~$403M), and a +20% weekly increase in Cardano stablecoin supply (~$46M). These signals suggest improving positioning and ecosystem liquidity, while price tests key downtrend resistance near $0.18 that could determine near-term momentum.
Impact level
● Medium
Affected assets
ADA/USDT+5.79%
AI Insight · ADA/USDTAI Insight
▲ Bullish
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As of July 3, 2026, Cardano (ADA) rose about 6% over the past 24 hours, rebounding to around $0.16. On-chain data show wallets holding 100,000–100 million ADA have accumulated roughly 150 million ADA since June 25, while futures open interest increased to $403 million. Stablecoin supply expanded 20.22% over the past week to $46 million. ADA is testing a key descending trendline near $0.18, and a break could open room toward $0.22–$0.25.
