Cardano Prices Could Bottom Out Amid Whale Accumulation and ETF Hype

Cardano (ADA) has been trading at low levels, hovering around $0.15 in July 2026. This has left long-term holders disappointed and even a crypto analyst admitted he didn't expect ADA to be at these levels after reaching above $3.

The analyst argues that the current market environment reflects a broader crypto slowdown rather than a failure of Cardano itself, citing changes in the crypto cycle after 2025. He believes ADA is entering a potential accumulation phase rather than the end of its growth story.

Historically, periods of maximum fear have often created long-term buying opportunities across the crypto market. The analyst notes that whale accumulation is one of the strongest bullish signs, with wallets holding 1 million or more ADA now controlling 67.5% of the circulating supply.

The analyst highlights three major developments that could strengthen Cardano's ecosystem: Leios Scaling Upgrade, RealFi Expansion, and Van Rossem Hard Fork on July 18. These upgrades aim to address scalability and adoption concerns. The analyst believes these efforts could position ADA for a strong recovery in the next crypto bull cycle.