According to CoinMeta, Cardano ( ADA ) has risen by 26% in the past week, with a 6.2% increase in the last 24 hours alone. Based on data from CoinGecko, ADA is one of the few cryptocurrencies that has performed well across almost all time frames. Analysts believe there are two main reasons for the price increase of Cardano: firstly, it is transitioning into the Dijkstra era, and the project has recently approved a roadmap for fund management, which will be directly funded and verified by the community for the first time for the core development of the blockchain; secondly, there has been an increase in whale accumulation, with ADA whales accumulating 240 million ADA in the past five days, which is generally seen as a bullish signal. Nevertheless, Cardano may still face adjustments, especially if Bitcoin fails to rise.