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The post Price Prediction for Cardano (ADA) for December 17 first appeared on Coinpedia Fintech News
ADA, the native token of the Cardano blockchain, is garnering significant attention from cryptocurrency giants despite its price continuing to consolidate. On December 17, 2024, data from the chain analysis company Santiment revealed a substantial increase in whale activity on the Cardano network, signaling potential bullish momentum.
Spike in whale transactions on the Cardano network
According to the data, the Cardano network saw 687 significant transactions, each worth over 1 million dollars, recorded in the past 24 hours. This highlights the increasing interest and confidence of whales in the altcoin, suggesting a major price surge may be imminent.