{"id":29181,"date":"2025-05-29T09:02:01","date_gmt":"2025-05-29T09:02:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29181"},"modified":"2025-05-29T09:02:01","modified_gmt":"2025-05-29T09:02:01","slug":"cardano-news-can-these-2-factors-fuel-a-10-ada","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29181","title":{"rendered":"Cardano News: Can These 2 Factors Fuel a $10 ADA?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>After sitting on the sidelines for a few weeks, Cardano whales have gone on an accumulation spree, purchasing over 180,000,000 ADA within the past seven-day period.<\/li>\n<li>The team behind the layer-1 blockchain announced a big integration yesterday of Bitcoin Ordinals, which, according to analysts, could also fuel a substantial price reversal.<\/li>\n<\/ul>\n<h2>Whales Start Buying Again<\/h2>\n<p>As the largest market participants, especially for cryptocurrencies that lack ETFs or other funds allowing institutional exposure through regulated financial vehicles, whales\u2019 actions are particularly significant for altcoins\u2019 price movements.<\/p>\n<p>ADA\u2019s price is also highly susceptible to whether they buy or sell in massive quantities, as evident in late February when they were <a href=\"https:\/\/cryptopotato.com\/millions-of-ada-sold-by-cardano-whales-during-market-crash-will-the-decline-continue\/\" data-wpel-link=\"internal\">disposing<\/a> of their assets, and the asset plunged.<\/p>\n<p>However, data shared by Ali Martinez showcases a more promising current picture as they have accumulated over 180,000,000 ADA in the past week alone. In terms of USD value, this stash is equivalent to $135 million at today\u2019s prices. The picture below indicates that whales\u2019 holdings have surpassed 13 billion ADA, which is more than a third of the entire available token supply (35.33 billion, according to CoinMarketCap).<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Whales have bought over 180 million <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#Cardano<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ADA<\/a> in just the past week! <a href=\"https:\/\/t.co\/hOmii47pKo\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/hOmii47pKo<\/a><\/p>\n<p>\u2014 Ali (@ali_charts) <a href=\"https:\/\/twitter.com\/ali_charts\/status\/1928002030951354516?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">May 29, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Bitcoin Ordinals Integration<\/h2>\n<p>Aside from whales filling their bags, which is considered a highly bullish development, another factor that could reverse ADA\u2019s price trajectory is the growth and development of the network behind the token.<\/p>\n<p>IOG <a href=\"https:\/\/iohk.io\/jp\/newsroom\/bitcoin-ordinals-bridged-to-cardano-for-the-first-time-with-bitvmx-protocol\" data-wpel-link=\"external\" target=\"_blank\">announced<\/a> such a big move yesterday, as Bitcoin Ordinals can now be wrapped and bridged to the Cardano blockchain via Fairgate\u2019s BitVMX framework.<\/p>\n<p>According to the statement, this marks a \u201csignificant advancement in decentralized finance, enabling seamless interaction between two of the most prominent blockchain systems.\u201d<\/p>\n<blockquote>\n<p>\u201cThe future of DeFi is cross-chain, and BitVMX exemplifies how Bitcoin can be a foundational layer in this evolution,\u201d said Charles Hoskinson, CEO of IO. \u201cBy combining Cardano\u2019s flexibility with Bitcoin\u2019s security, we open the door to entirely new financial instruments and services.\u201d<\/p>\n<\/blockquote>\n<p>Dan Gambardello, a popular YouTuber and X content creator, <a href=\"https:\/\/x.com\/cryptorecruitr\/status\/1927875449905979876\" data-wpel-link=\"external\" target=\"_blank\">praised<\/a> the move and highlighted that it is a part of the ingredients for a potential ADA price surge to $10.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/cardano-news-can-these-2-factors-fuel-a-10-ada\/\" rel=\"nofollow\">Cardano News: Can These 2 Factors Fuel a $10 ADA?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR After sitting on the sidelines for a few weeks, Cardano whales have gone on an accumulation spree, purchasing over 180,000,000 ADA within the past seven-day period. The team behind the layer-1 blockchain announced a big integration yesterday of Bitcoin Ordinals, which, according to analysts, could also fuel a substantial price reversal. Whales Start Buying [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29181","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29181"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29181\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}