According to CoinMeta, Cardano ( ADA ) has performed strongly this week, with whales holding nearly 1.45 billion ADA. Large holders increased their holdings by over 240 million ADA within five days, driving the price of ADA up by nearly 12% in the past seven days. Currently, the trading price of ADA is close to $0.1801, up 1.84% within 24 hours, and the spot trading volume has climbed 43.03% to $614.05 million. The market value of Cardano is close to $6.75 billion, making it one of the largest digital assets. Analysts point out that the price of ADA needs to remain above $0.1812 to maintain a bullish trend; if it breaks through this level, it could move towards $0.20.