Cardano (ADA) Sees Long-Term Investors Reach an All-Time High: What's Driving the HODL Wave?
Cardano (ADA) is proving to be an option for the long game, as the crypto has seen its long-term investors reach an all-time high. Specifically, the number of Cardano holders hanging onto the coin is surging, signaling strong confidence in its future potential. Data from the Balance by Time Held metric shows that the number of long-term Cardano (ADA) holders has hit an all-time high of 3.2 million. These long-term holders are committed to Cardano's vision.
According to U.Today, Cardano, the 10th largest cryptocurrency by market capitalization, has reached a significant milestone unrelated to ADA's price. The percentage of ADA held by long-term holders is steadily increasing. 15 de ago. de 2025Cardano long-term holders hit an all-time high of 3.2 million despite losing new holders market share to Solana. ADA's 30-day MVRV ratio is -10.11%, suggesting it's currently undervalued.
Why are Long-Term Investors Choosing Cardano?
Several factors contribute to this trend. First, Cardano's focus on research-backed development and a layered architecture provides a solid foundation for future growth. As the broader market strengthens, ADA’s current pullback phase could present an opportunity for long-term investors to secure positions before the next major rally. For those considering a long-term investment, now might be an opportune moment.
Furthermore, 24 de feb. de 2025Dan Gambardello, a well-known crypto analyst, recently laid out his vision for Cardano (ADA) reaching the $10 mark. He believes this target is achievable based on historical performance and future developments. 7 de mar. de 2025Analyst thinks ADA can reach $10 at its next all-time high, but is he right? Ali Martinez predicts ADA could reach $10, citing past patterns. Target based on 2025% increase.
While price predictions should always be taken with a grain of salt, the increasing number of long-term holders suggests a growing belief in Cardano's ability to deliver on its promises and achieve significant long-term value. 14 de ago. de 2025Cardano, the 10th largest cryptocurrency by market capitalization, has achieved a major milestone, but it is unrelated to ADA's price. The percentage of ADA held by long-term holders is at an all-time high.
Disclaimer: Cryptocurrency investments are inherently risky. Always do your own research before investing.