 
 
Recent on-chain data from Santiment highlights a significant shift in Cardano investor behavior despite continued price weakness.
Over the past six months, major holders, known as whales and sharks, have steadily increased their ADA positions, signaling strong long-term conviction even as the asset faces sustained downward pressure.
Despite Cardano’s steep 71% decline, from about $0.90 to $0.26, major investors have been aggressively accumulating rather than retreating.
Wallets holding between 100,000 and 100 million ADA added roughly 819.4 million ADA, valued at about $213.9 million, increasing their collective share by around 1.6% of the total supply, a strong signal of long-term confidence amid market weakness.
Institutional sentiment is also showing subtle but meaningful improvement. Grayscale Investments recently raised Cardano’s weighting in its Smart Contract Fund from 19.50% to 19.55%.
 
While modest, the adjustment suggests growing institutional recognition of ADA’s potential despite ongoing price pressure.
Notably, heavy accumulation by large investors often signals bullish momentum. Institutions and high-net-worth participants typically buy during market dips, viewing current prices as opportunities.
Historically, sustained whale buying has preceded notable cryptocurrency price recoveries.
Cardano’s Midnight Sidechain Poised to Boost Privacy and Institutional Adoption
Cardano’s tech evolution remains in focus, highlighted by the upcoming Midnight sidechain. Designed for privacy-focused dApps, Midnight expands Cardano’s capabilities beyond standard smart contracts, drawing strong developer interest.
Midnight will introduce privacy-enabled stablecoins, allowing users to transfer funds confidentially. As global demand for financial privacy rises, Midnight’s approach, combining security with regulatory compliance, could position Cardano at the forefront of compliant, privacy-focused blockchain solutions.
Well, major global firms, including MoneyGram, eToro, and Vodafone, are set to serve as validators, underscoring strong institutional backing that could bolster Midnight’s credibility and infrastructure.