While many altcoins ride Bitcoin’s wave, Cardano (ADA) is making a name for itself with remarkable independent growth. Nearing an <b>8-month high</b>, ADA's performance hints at significant potential for further gains.
<h2>Whale Activity Hits New Heights</h2>
A key factor behind <a href="https://www.cryptoknowmics.com/news/cardanos-hoskinson-praises-ripples-garlinghouse-signaling-possible-collaboration/" target="_blank" rel="noopener">Cardano’s rise</a> is the resurgence of <b>whale activity</b>. Over 8,900 whale transactions have been recorded in the past two weeks—a level unseen in months. Such activity often signals growing confidence among large investors. In addition, Cardano’s <b>trading volume</b> surged to $52.26 billion this week, reflecting increased interest from investors across the board.
<h3>Technical Breakout Signals Growth Potential</h3>
On November 8, ADA broke out of a long-standing <b>downward channel</b>, a technical move that often precedes further gains. The Relative Strength Index (RSI) for ADA/BTC currently sits at <b>73.45</b>, indicating an overbought condition, but there’s room for additional growth before hitting resistance. The <b>balance of power indicator</b> at 0.50 suggests a balanced market, keeping the door open for dynamic price action.
<h3>What’s Driving Cardano’s Independent Growth?</h3>
Unlike many altcoins, Cardano’s momentum isn’t merely tied to Bitcoin’s rally. ADA has shown resilience, with its ADA/BTC pairing reaching levels last seen in June—just before a 26% surge against Bitcoin.
<h2>What’s Next for Cardano?</h2>
With soaring whale activity, robust trading volume, and positive technical signals, Cardano appears poised for further growth. As Bitcoin dominates headlines, ADA is proving it has the strength to carve its own path. Investors and crypto enthusiasts alike should keep a close eye on this altcoin as it sets the stage for potentially bigger moves ahead.

<em><strong>Disclaimer: </strong></em>The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.

Cardano Surges to 8-Month High with Independent Momentum

Cardano’s price nears an 8-month high as whale activity spikes, signaling growing confidence and independent momentum in the crypto market.

Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

Cardano Surges to 8-Month High with Independent Momentum

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