Cardano founder Charles Hoskinson believes there is more than a 50% chance that quantum computing could become a major threat to the cryptocurrency industry before 2033. Speaking at Consensus Miami, Hoskinson stressed that blockchain networks should begin preparing now instead of waiting for the danger to become immediate.
Recent on-chain metrics show that substantial Cardano (ADA) investors have significantly increased their dominance over the network's native cryptocurrency. Wallets containing at least one million ADA tokens now collectively own about 25.09 billion units.
Cardano is drawing renewed bullish attention after a prominent chartist highlighted what he described as a “beautiful” technical setup.
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Cardano (CRYPTO: ADA) whales now control 67% of supply, the highest concentration since July 2020, after accumulating through a 71% crash over nine months. Whales Stack 25 Billion ADA Wallets holding at least one million ADA now control 25.09 billion tokens, representing 67.47% of circulating supply.
Large Cardano holders continue accumulating and now control a record amount of ADA, while the spot market, retail trader activity, and trading volumes still show no strong momentum in either direction.
Cardano founder Charles Hoskinson signaled renewed momentum behind Leios, the network's next major consensus upgrade, as Input Output moved a ₳27.7 million funding proposal toward DRep approval.
Cardano prepares a quantum resistance strategy as Hoskinson confirms research proposal and potential migration path updates.
Cardano whale wallets holding at least 1 million ADA have reached a record-breaking combined balance of 25.09 billion ADA, according to on-chain analytics platform Santiment. The latest data shows that these large holders now control 67.47% of Cardanos circulating supply, marking the highest concentration of ADA ownership among millionaire wallets since July 2020.
Cardano whales accumulate heavily as a new buy signal emerges, pointing to a possible trend reversal.
On-chain data shows the Cardano sharks and whales have quietly accumulated amid the market decline as their holdings have hit a new record.
Crypto analyst Ali Martinez said a long-tracked SuperTrend signal on Cardano's daily chart has flipped bullish, months after the same tool marked the start of a steep decline. The call comes alongside fresh on-chain data from Santiment showing large ADA wallets now holding a record share of supply.