Cardano Price Surges on Whale Accumulation and Network Upgrades

Cardano's ADA price has surged by nearly 8% over the past 24 hours to reach $0.1747, driven by strong whale accumulation and renewed buying interest.

The recovery comes after a sharp sell-off that pushed ADA to a low of $0.1615 before buyers stepped in.

The Van Rossem hard fork has also contributed to the price increase, upgrading Cardano's blockchain with faster smart contracts and improved node security.

Whale accumulation has put the $0.20 level back in focus, with traders watching whether buying volume remains strong enough to maintain the current rebound.