Cardano ADA Surges on DEX Activity and Whale Accumulation
Cardano (ADA)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Cardano (ADA) is trading near $0.224, having gained approximately 17% over the past seven days. The asset has established support above key moving averages, driven by expanding on-chain activity and accumulation by large holders. Analysts on X forecast a potential 14x price increase to $0.292, suggesting the market bottom may already be in place.
Commentator Sssebi noted that $ADA is not giving up, emphasizing that prolonged resistance testing increases the likelihood of a breakout. DeFiLlama data shows DEX trading activity on Cardano tripled from $2.01 million to $7.28 million within 48 hours. Santiment data indicates wallets holding 1 million to 10 million ADA acquired an additional 60 million tokens starting Sunday.
The total value locked in the ecosystem rose from 268.47 million ADA to 299.81 million ADA since August 28. Futures data shows a long-to-short ratio of 1.10 and positive funding rates, reflecting bullish sentiment. ADA trades above its 50-day and 100-day EMAs but remains below the 200-day EMA at $0.245.
Resistance levels are identified at $0.231 and $0.236, with support near $0.213 and $0.198. Stablecoin market cap on Cardano contracted from $67.95 million to $63.97 million during this period.
How the market reacted
Whalio's own Binance spot order flow for ADA, measured when this story was written up on 6 September 2026. Not the outlet's figures.
Whalio data shows ADA trading at $0.2183 with a 1-hour buy ratio of 50.5% and a 4-hour buy ratio of 52.0%. These short-term ratios exceed the 24-hour buy ratio of 48.7%, indicating that buying pressure is currently building in the immediate term. The 1-hour volume delta is positive at +$15,504, while the 4-hour delta is +$229,930, contrasting with a negative 24-hour delta of -$838,220. A positive volume delta means buyers are executing more aggressive market orders than sellers over that specific timeframe. The 24-hour spot volume reached $33,079,660 across 123,403 trades. Net buying occurred for 13 of the last 24 hours, with a cumulative CVD of -$112,802 at close.
The latest daily buy ratio of 45.6% sits at the 5th percentile of the last 322 days, against a median of 49.2% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for ADA, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.2%, making the current 24-hour ratio of 48.7% slightly higher by 0.6 points. Spot volume for the last day was 1.24 times the weekly average, indicating above-average trading activity. However, the 8-day volume delta was -$4,502,381, showing that net selling pressure has dominated the broader weekly trend despite today's intraday buying. Only 2 of the past 7 days saw net buying, suggesting this is an unusual day of relative strength compared to the recent average. The price change over 8 days was +8.2%, aligning with the reported weekly gains.