Back to all news
Defi

Cardano (ADA) Price: Whales Are Buying the Dip as ADA Breaks Out of Its Downtrend

CoinCentral·August 10, 2026·1 min read
Cardano (ADA) Price: Whales Are Buying the Dip as ADA Breaks Out of Its Downtrend

Cardano's ADA traded near $0.196 after gaining about 14% over the previous seven days. An analyst projects a 147% rally toward $0.47 following a breakout from a downward channel. Whale wallets accumulated 110 million ADA tokens since Friday, per Santiment data. Derivatives metrics show a slight bullish tilt, with funding rates flipping positive.

Read at CoinCentral
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store