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Cardano (ADA) has seen a significant rebound in October 2025, with the token bouncing approximately 20% after reaching critical support levels between $0.70 and $0.80. Market data indicates that large holders, or whales, have added roughly 200 million ADA tokens to their wallets over just 48 hours, signaling strong confidence in the cryptocurrency despite recent market volatility.
Whale Accumulation Boosts Confidence
According to on-chain analytics from Santiment, wallets holding over 1 billion ADA increased their balances from 1.50 billion to 1.59 billion tokens between October 12 and October 14. Meanwhile, mid-tier wallets containing 10 million to 100 million ADA grew from 13.18 billion to 13.29 billion tokens. At an average acquisition price of $0.70, these purchases represent roughly $140 million in combined value.
The inflows from whale and mid-tier holders coincided with a notable decline in overall selling activity. The Spent Coins Age Band metric, which tracks the movement of ADA across wallets of all ages, dropped 51%—falling from 179.06 million tokens to 87.33 million tokens over the same period. Fewer coins changing hands suggests a reduction in selling pressure, creating favorable conditions for a price recovery.
eToro Expands Access with US Staking
Adding to Cardano’s bullish backdrop, eToro recently launched ADA staking in the United States, providing more than 40 million retail users with the opportunity to earn rewards on their holdings. Staking locks up tokens, effectively reducing the circulating supply and potentially supporting price stability and upward momentum.
Industry observers noted that increased retail access through staking could complement the buying behavior of whales, strengthening the underlying support for ADA. By incentivizing holders to stake rather than sell, the initiative may further reinforce the $0.70–$0.80 support zone.
Technical Indicators Point to Recovery
Cardano’s price charts suggest a steady upward trajectory from the lows of earlier October. After finding support near $0.61, ADA rebounded toward $0.73, aligning with the 0.236 Fibonacci retracement level. Analysts have identified $0.82 to $0.85 as logical near-term targets if bullish momentum continues.
The Ichimoku Cloud indicator shows ADA pressing against short-term resistance, with Tenkan-Sen and Kijun-Sen lines converging—a pattern that often precedes a test of higher price levels. Meanwhile, the relative strength index remains neutral, suggesting there is room for accumulation as demand increases.
Technical analysts have flagged $0.86 as the next major resistance. A sustained breakout above this level could pave the way for ADA to challenge $1.01 and $1.12, with the latter corresponding to the upper boundary of an ascending channel that has guided ADA’s price movements over recent months. Maintaining support above $0.61 remains critical to preserving the bullish structure, as a drop below this level could trigger deeper declines.
Market Sentiment and Network Activity
The Cardano ecosystem continues to show signs of growth and development, which may reinforce positive market sentiment. New decentralized applications are being launched regularly, and developer engagement remains strong. Analysts argue that ADA is undervalued relative to its ongoing network activity and the expansion of staking opportunities.
“The combination of whale accumulation, reduced selling pressure, and staking adoption suggests that ADA has a solid foundation for further gains,” noted analyst Jordan. “The $0.75 to $0.80 zone is now a key reference point for traders, and holding this level could signal higher price targets later in the year.”
On-chain metrics support this outlook, as the declining Spent Coins Age Band indicates that fewer ADA coins are moving across the network. Reduced circulation, combined with growing staking participation, can create a structural scarcity effect that favors upward price momentum.
Looking Ahead
As Cardano stabilizes near $0.80, analysts are watching closely for confirmation of continued strength. A breakout above $0.86 could shift market attention to higher targets of $1.01 and $1.12, while holding support above $0.70–$0.75 remains critical for sustaining the recovery.
eToro’s staking rollout and continued whale accumulation suggest that both retail and institutional interest in Cardano is rising. Together, these factors may reinforce ADA’s position in the broader cryptocurrency market and support the potential for a medium-term rally.
With technical indicators pointing toward recovery, reduced selling pressure, and expanding staking infrastructure, Cardano appears well-positioned to capitalize on growing network activity and investor confidence. Traders and long-term holders will be monitoring key resistance and support zones closely to gauge the next move for ADA.
At the time of writing, Cardano is trading around $0.80, showing modest gains of 0.39% in the past 24 hours, though down slightly 1.29% over the past week. The combination of whale accumulation, staking adoption, and technical strength suggests that ADA could continue its upward trajectory if key levels hold.
