ADA Holders Surge to Record High as Price Consolidates—Is a Breakout Coming?

Market Structure: Mixed Sentiment, Stable Price

On major crypto exchanges, the ADA funding rate remains neutral. This balance suggests that traders are split—neither bulls nor bears have committed to a clear direction, even after the recent bounce from the $0.50 zone. The standoff is evident in the unchanged sentiment despite recent volatility.

Funding rates on ADA futures remain neutral. Coinglass

Capital Flows: Holders Withdraw, Institutions Accumulate

Net capital inflows for ADA remain negative, reflecting a consistent outflow of tokens from exchanges. Historically, when coins are withdrawn en masse from trading platforms, it’s a sign that investors are choosing to hold rather than sell. This trend has persisted through the latest rally, indicating that long-term holders are confident in Cardano’s outlook.

ADA outflows from exchanges signal long-term holding. Coinglass

Address Growth Hits New Record

Confidence in ADA is also evidenced by a record number of wallets. According to on-chain analytics, over the last six months, the number of wallets holding ADA has surged to 4.5 million, even as price declined from $0.90 to $0.58. The growth in holders, combined with consistent withdrawal activity, highlights the foundation for a potential bullish reversal if broader market momentum shifts.

ADA holders reach all-time high. Santiment

Technical Outlook: Triangle Pattern, Key Levels in Play

On the charts, ADA continues to consolidate within a descending triangle pattern. The price is approaching the triangle’s upper trendline near $0.612. A decisive breakout above this resistance could trigger a rally toward the next target at $0.66. Conversely, the main support rests near $0.537; losing this zone would return ADA to a bearish structure, raising the risk of a retreat to $0.51.

Cardano price dynamics show hidden accumulation. TradingView

While ADA price action is subdued, the On-Balance Volume (OBV) indicator is rising—an early bullish divergence suggesting stealth accumulation. As buyers quietly enter, price has yet to reflect their conviction, hinting at an undercurrent of demand that may surface when sentiment shifts.