Cardano ADA Surges 33% in 7 Days as ETF Hopes and Whale Buying Boost $3 Outlook

Cardano (ADA) has surged in early August 2025, rising more than 33% in seven days and over 11% in the last 24 hours. This strong momentum has sparked renewed interest in whether ADA can reach $3. Three key factors—ETF developments, whale activity, and technical patterns—suggest the likelihood is increasing.

A potential Cardano ETF filed by Grayscale has boosted institutional and retail investor interest. This product would allow investors to gain exposure to ADA without managing a crypto wallet or exchange, potentially broadening the investor base and increasing demand. DeFi growth on the Cardano network has also accelerated, with a 32% rise in DeFi activity and increasing active wallet counts over the past week, reinforcing the platform’s real-world adoption [1].

Meanwhile, whale activity has been notable. Large holders have accumulated over 200 million ADA in recent weeks, signaling confidence in the long-term price trajectory. Negative net exchange flow, where ADA is being moved off exchanges and into private wallets, further indicates holding intent rather than short-term trading. On-Balance Volume (OBV) has also reached new highs, validating the strength of the rally and showing consistent buying pressure [2].

From a technical perspective, ADA’s price pattern mirrors its 2021 breakout, a fractal suggesting a similar move could occur if the $1.34 resistance level is breached. Historical price data shows that breaking this level has led to significant rallies in the past. If ADA manages to sustain movement above $1.34, $3 becomes a plausible next target. Analysts point to this as a key near-term focus, with $3 representing a more achievable milestone than the all-time high of $3.10 [3].

However, the path to $3 is not without risks. If the price stalls or falls below $0.78, bullish momentum could wane. The market remains cautious, with traders watching for confirmation at key levels before committing to larger positions. Broader macroeconomic factors, such as potential Federal Reserve interest rate decisions, could also influence ADA’s performance in the coming months [4].

Overall, the convergence of ETF optimism, whale accumulation, and favorable technical patterns has created a compelling case for ADA reaching $3. Whether it succeeds will depend on sustained buying pressure and favorable macroeconomic conditions.

Source:

[1] The, 2025-08-14 https://www.thecoinrepublic.com/2025/08/14/odds-of-cardano-price-reaching-3-these-3-signs-that-say-yes/

[3] TradingView, 2025-08-09 https://www.tradingview.com/symbols/ADAUSDT/ideas/?exchange=binance

[4] FXStreet, 2025-08-13 https://www.fxstreet.com/cryptocurrencies/news/crypto-today-bitcoin-ethereum-xrp-offer-bullish-signals-as-bets-of-september-fed-rate-cut-rise-202508131200