Cardano (ADA) whales increased holdings in late June even as on-chain activity cooled. The move comes as ADA traded near $0.15 on June 29, down about 8% on the week and roughly 38% over 30 days, according to BeInCrypto, with the token near multi-year lows and a market value of about $5.4 billion.
Santiment data shows wallets holding 10 million to 100 million ADA raised their supply share from 37.66% on June 25 to 38.13%, while daily transactions fell to about 17,400 on June 28 and smart contract transactions to roughly 4,250. The network is in an upgrade cycle including Ouroboros Leios and Protocol Version 11 (van Rossem).
Cardano Whales Add ADA as Network Use Drops to 45-Day Lows
2026-06-29 13:58:37
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