Cardano (ADA) Price Surge Attracts Investors’ Attention! (10/17/25)

Jakarta, Pintu News – Cardano (ADA) saw its price rise to $0.70 or 2.2% on Wednesday, as on-chain data showed that large holders started buying on the downside.

Whale Gathering ADA: Signs of Market Recovery

Large and medium-sized wallets have accumulated around 200 million ADA tokens within 48 hours, valued at around $140 million, following last week’s market volatility that drove down market prices. This accumulation comes ahead of the Cardano Summit in Berlin which will take place on November 12-13, providing a new narrative boost ahead of the fourth quarter.

The analytics platform that tracks address cohorts reported updated accumulations, with wallets holding 10-100 million ADA and over 1 billion ADA expanding their balances. The network’s “coins spent” metric also decreased by 51%, indicating a decrease in coin movement to sales and distribution that is subsiding.

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Staking Expansion and Berlin Summit Highlights

eToro recently launched staking for Cardano (ADA) in the United States, potentially opening up rewards access to over 40 million users and reducing liquid supply as holders lock in their tokens. This adds fuel to the thesis that Cardano (ADA) will continue to grow.

Beyond the flow of funds, the community is also looking forward to the Berlin Summit, where ecosystem teams are expected to showcase progress on various projects such as Midnight, Leios, and dApp growth. These events historically boost developer sentiment and visibility.

Cardano Price Outlook: Current Important Levels

Technically, Cardano (ADA) has rebounded from the $0.61 low and is looking to reclaim short-term signals. The bulls would like to see a clean move through $0.73, which is the current pivot area and 0.236 Fibonacci zone.

Above that, market watchers mark $0.86 as the key resistance that has repeatedly stalled the rally; a break there will open the way towards $1.01 and $1.12 as the next targets, in line with the upper limit of the ascending channel on higher time frames.

Cardano Investment Outlook

With support from whales and staking expansion, as well as momentum building ahead of the Berlin Summit, Cardano (ADA) shows strong potential for further recovery. However, it is important to monitor critical support at $0.61; a daily close below this could delay trend recovery and encourage further consolidation.

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Reference

• NewsBTC. Cardano ADA Rebounds 2.2% to $0.70 as Whales Accumulate 200M Tokens Ahead of Berlin Summit. Accessed on October 17, 2025