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ADA has surged by 23.8% over the past week. Cardano whales have bought 40 million ADA tokens in 48 hours. Since hitting a low of $0.878, Cardano [ADA] has experienced a strong upswing to $1.119 hiking by 23.80% on weekly charts. Since then, the altcoin has made a slight retrace on daily charts. In fact, as of this writing, Cardano was trading at $1.106. This marked a 1.23% increase over the past day. The recent price pump has left analysts talking over what factors driving it. According to popular crypto analysts Ali Martinez, one factor driving ADA prices is increased buying pressure. Cardano whales purchase 40 million tokens In his analysis, Martinez observed that Cardano whales have been on a buying spree. As such, whales have bought over 40 million ADA tokens over the past 48 hours. When whales turn to purchasing an asset, it reflects bullish sentiment and their confidence in the market. Notably, this demand for ADA is not an isolated case among whales only, but also retail traders are actively buying. Therefore, other market participants have been actively buying the altcoin since New Year’s Eve. This is evidenced by the sudden upsurge in the Relative Strength Index (RSI) which has spiked from 39 to 62. When the RSI rises with that margin, it indicates strong buying pressure, implying buyers are dominating the market. What ADA charts suggest With increased buying activity from both whales and retailers, it shows ADA is well positioned for further gains.$ADA

OGC Nice’s Mohamed-Ali Cho (20) is a doubt to face his former club, Real Sociedad, in the UEFA Europa League on Wednesday, Franck Haise has confirmed. Le Gym are short of options upfront. Terem Moffi will miss the majority of the campaign with an ACL injury, Gaëtan Laborde is out for a few more weeks with a foot injury, Jérémie Boga is still absent, and Sofiane Diop, who netted on his return against AS Saint-Étienne at the weekend, is not yet in a position to start. Whilst Haise delivered some good news, revealing that Boga has begun running following his tibia injury, he also delivered some bad news. Cho has scored twice in five appearances in Ligue 1 this season, but his presence against his former club, Real Sociedad, is in doubt. first team on Tuesday, one day before their Europa League encounter. However, the Nice manager added that there has been a “positive evolution” of the injury in the past 24 hours, offering hope that the France youth international could be involved.

Ripple CEO Brad Garlinghouse has highlighted the changing tides of crypto in the United States despite President-elect Donald Trump’s pending inauguration. The cryptocurrency market is rallying, spurred by the “Trump effect,” as are businesses affiliated with the sector. The President-elect’s glaring embrace of nascent technological innovation has substantially improved the industry. Garlinghouse acknowledged this stance in a recent tweet, insisting that the Trump effect is real. In a December 5 post, he added that the catalyst is “more personal” for the Ripple ecosystem amid the firm’s many regulatory impediments from the outgoing administration. Trump Effect Steers Crypto Growth in the US The Ripple CEO stated that Trump’s November election win has brought optimism to the crypto industry. Notably, the sector faced several roadblocks during the Biden administration, led by the outgoing Securities and Exchange Commission (SEC) boss Gary Gensler. Garlinghouse concluded that Gensler’s SEC effectively suppressed Ripple’s growth on home soil. This analogy comes amid the years-long legal battle between Ripple and the agency over XRP’s classification as an asset class. Meanwhile, Ripple has had a breath of fresh air since November, which is evident in the latest statistics Garlinghouse shared. He mentioned that Ripple has advanced its business scope in the United States amidst easing regulatory tension. According to his tweet, 75% of Ripple’s open roles are now US-based. Notably, most of the fintech firm’s hires in the past four years were outside the United States. Furthermore, Ripple has closed more business deals in the US since Trump’s November win than in the previous six months. With the trend, Garlinghouse inferred that Trump’s team and other key players have stimulated innovation and job creation within the borders of the US despite not resuming office yet. Incoming Ripple IPO? Although Garlinghouse had initially ruled out a Ripple initial public offering (IPO) in the United States, the changing regulatory climate could force a change of heart. For context, the CEO dashed the hopes of the XRP community when he stated that there was no chance the fintech firm would go public in the US. Meanwhile, his tone became milder a month later when he inferred that an IPO was not Ripple’s priority. Again, he cited the tyrannical regulation in the country as a significant impediment but noted that it would consider going public if Gensler resigned. With Gensler set to leave office on January 20, the chances of a Ripple IPO have increased substantially. However, Garlinghouse has not commented on the prospect recently. Bullish for XRP Meanwhile, Garlinghouse’s tweet has excited the XRP community, who insists the stats spell bullish momentum for the XRPL native token. It bears mentioning that the third-largest cryptocurrency by market cap forayed northwards since November, posting a staggering 304% upswing. Notable analyst Ali Martinez was among those who reacted to the Ripple CEO’s tweet. He stated that XRP is the standard, mentioning an earlier commentary in which he asserted that the digital asset would target an uptrend to $11. Other positive reactions followed the Garlinghouse tweet as enthusiasts reinstated their bullish XRP stance. Moreover, the XRPL native token posted a 14.6% weekly upsurge last week, trading at $2.4106 at the time of writing.

Breaking down Cardano whales’ 40 million move and impact on ADA Since hitting a low of $0.878, Cardano [ADA] has experienced a strong upswing to $1.119 hiking by 23.80% on weekly charts. Since then, the altcoin has made a slight retrace on daily charts. In fact, as of this writing, Cardano was trading at $1.106. This marked a 1.23% increase over the past day. The recent price pump has left analysts talking over what factors driving it. According to popular crypto analysts Ali Martinez, one factor driving ADA prices is increased buying pressure. Cardano whales purchase 40 million tokens In his analysis, Martinez observed that Cardano whales have been on a buying spree. As such, whales have bought over 40 million ADA tokens over the past 48 hours. When whales turn to purchasing an asset, it reflects bullish sentiment and their confidence in the market. Notably, this demand for ADA is not an isolated case among whales only, but also retail traders are actively buying. Therefore, other market participants have been actively buying the altcoin since New Year’s Eve. Home > Cardano > Breaking down Cardano whales’ 40 million move and impact on ADA CARDANO Breaking down Cardano whales’ 40 million move and impact on ADA 2min Read Over the past two days, Cardano whales have purchased over 40 million ADA tokens Posted: January 5, 2025 By: Gladys Makena Edited By: Saman Waris  ADA has surged by 23.8% over the past week. Cardano whales have bought 40 million ADA tokens in 48 hours. Since hitting a low of $0.878, Cardano [ADA] has experienced a strong upswing to $1.119 hiking by 23.80% on weekly charts. Since then, the altcoin has made a slight retrace on daily charts. In fact, as of this writing, Cardano was trading at $1.106. This marked a 1.23% increase over the past day. The recent price pump has left analysts talking over what factors driving it. According to popular crypto analysts Ali Martinez, one factor driving ADA prices is increased buying pressure. Cardano whales purchase 40 million tokens In his analysis, Martinez observed that Cardano whales have been on a buying spree. As such, whales have bought over 40 million ADA tokens over the past 48 hours.  Source: X When whales turn to purchasing an asset, it reflects bullish sentiment and their confidence in the market. Notably, this demand for ADA is not an isolated case among whales only, but also retail traders are actively buying. Therefore, other market participants have been actively buying the altcoin since New Year’s Eve.  This is evidenced by the sudden upsurge in the Relative Strength Index (RSI) which has spiked from 39 to 62. When the RSI rises with that margin, it indicates strong buying pressure, implying buyers are dominating the market. What ADA charts suggest With increased buying activity from both whales and retailers, it shows ADA is well positioned for further gains. According to AMBCrypto’s analysis, Cardano is seeing a strong upward momentum build amidst heightened demand. We can see increased demand through Cardano’s rising scarcity. This is evidenced by the rising Stock to flow ratio, which has risen to 133.7. When SFR rises, it implies that ADA is becoming scarce, with demand outpacing supply. Often, a higher demand helps drive prices up. Additionally, this demand for the altcoin is especially dominant for long positions. As per the long/short ratio, 54% of traders are taking long positions. When longs dominate the market, it means most traders are bullish and expect prices to increase. Finally, Cardano’s MVRV Ratio has settled at 1.1 implying low selling pressure. With MVRV at 1.1, it suggests that profit-taking pressure is relatively low. At this level, the price has room to grow before it reaches overbought levels. Simply put, amidst increased activity from both whales and retail traders, ADA’s momentum to the upside is growing. With positive sentiment, Cardano is well positioned for more gains. Therefore, if buyers continue to dominate the market, ADA could reclaim $1.2 where it has faced multiple rejections and a breakout from here will push the altcoin to $1.5. Conversely, if a market correction arises, the altcoin will dip to $0.89. $ADA

SOL surged by 17.56% over the past week, with one analyst eyeing a rally to $4000 Solana whales have been accumulating SOL tokens worth millions too Over the last 4 days, Solana [SOL] has registered a strong upswing on the charts. During this period, the altcoin broke out of its $200 resistance. In fact, SOL climbed from a low of $187 to a high of $219 on the charts. At the time of writing, Solana was trading at $216. This marked a 4.35% hike on the daily charts. This, on top of the altcoin’s weekly gains of 17.56%. Needless to say, this price pump has left the Solana community eyeing a massive rally. According to popular crypto analyst Ali Martinez, for instance, a potential rally to $4k is possible now, with Ali citing a cup and handle pattern on the charts.$SOL