Cardano whales strike: Will the ADA price jump above one dollar?

Cardano is rapidly approaching the dollar mark again. In the past 24 hours, the ADA price has gained over eight percent, currently missing a good eight cents.
In addition to a general upward trend, fueled by yesterday's speech by Fed Chairman Jerome Powell, large investors, known as whales, recently also caused a small ADA rally with strong follow-up purchases.
As market analyst Ali Charts announced in a tweet on X on Friday, ADA whales accumulated 180 million ADA tokens in the previous 48 hours, equivalent to approximately $160 million.
In addition, the prospect of a Cardano spot ETF in the US has recently led to increased demand. Crypto asset manager Grayscale recently registered a “Cardano Trust ETF” in Delaware, which is seen as preparation for a spot ETF. Immediately following the announcement, the probability of a Cardano ETF launch this year rose to 80 percent on the betting platform Polymarket.
Given the highly successful Bitcoin and Ethereum spot ETFs, through which billions of dollars are flowing into cryptocurrencies, ADA whales appear to be speculating on massive price increases in advance.
The new OpenAI model ChatGPT-5 at least dampens this expectation. The AI provides a rather modest price forecast for Cardano. Read more here: How high the ADA price will rise, according to ChatGPT-5.

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