The price of Cardano experienced a remarkable 280% climb in November, sparking renewed interest in ADA as investors searched for promising altcoin opportunities. Yet, an AI coin on the rise has surpassed this, with a 500% increase in just three weeks. Cardano's price surge is largely fueled by the growth of its ecosystem and increased institutional interest, while this AI-driven project is capitalizing on automation, real-time analytics, and cutting-edge blockchain capabilities. With momentum on its side, analysts are discussing whether ADA can maintain its pace or if this new competitor will take the lead in 2025. Cardano Price Poised for a Breakout as Institutional Buying Rises Santiment reports that major holders of Cardano (ADA)—wallets holding at least one million ADA tokens—have been gradually boosting their holdings since November 2023. These wallets have acquired an additional 1.4 billion ADA tokens valued at approximately $1 billion over the past fifteen months. This accumulation represents 2% of the total supply and indicates growing confidence among high-net-worth and institutional investors. The consistent increase in ADA holdings implies that institutional investors regard Cardano as a worthwhile long-term investment, despite the broader crypto market's volatility. Grayscale's ETF filing has fueled speculation about a potential Cardano ETF, further enhancing institutional interest in Cardano. This, along with ongoing accumulation by significant holders, supports a positive outlook for the Cardano price. From a technical perspective, the Cardano price has not surpassed key resistance around $1.10 since mid-November 2024 and has faced a short-term pullback. However, the Cardano price is currently testing a descending wedge pattern, which typically signals a bullish breakout. Recently, Cardano price movements have rebounded above a crucial support range between $0.68 and $0.76. As a result, ADA's price has recovered nearly 15% from its recent lows, nearing an overhead resistance trendline. Cardano is trading at $0.80, marking a 3% increase over the past day. Source: CoinMarketCap The immediate challenge for the Cardano price is the $0.85 level, corresponding to the 23.6% Fibonacci retracement, which has limited ADA's upward trajectory. However, if the current momentum continues to build and triggers a breakout, Cardano's price could aim for higher resistance levels, with $1 being the next significant target. IntelMarkets (INTL): The AI-Powered Platform Transforming Crypto Trading IntelMarkets (INTL) is revolutionizing crypto trading by integrating artificial intelligence, decentralized finance (DeFi), and blockchain technologies into a single platform. Unlike conventional exchanges, IntelMarkets utilizes AI-powered algorithms to manage vast data sets, enabling swift trade execution. This cutting-edge platform equips traders with the resources to maximize profits and navigate the ever-changing crypto market. Among IntelMarkets' standout features is its 1000x leverage, allowing traders to significantly amplify their positions with minimal capital. This capability, typically available only to institutional investors managing portfolios worth over $100 million, now levels the playing field for retail traders. IntelMarkets also offers 24/7 trading, short-selling options, and curated trade insights featuring expert analyst-driven opportunities to boost market performance. In addition to leverage, IntelMarkets offers advanced AI-based trading bots designed to analyze over 350,000 data points in real time. These bots gather insights from more than 10,000 market sources, ensuring traders receive the most accurate and profitable trading signals. The platform's Intell-M Channel analysis provides technical insights through a user-friendly interface. For traders aiming to refine their strategies, copy trading allows them to mimic the methods of experienced investors with proven success. IntelMarkets also provides access to live data, sophisticated charting tools, and customizable indicators, enabling users to make informed, AI-powered trading decisions. Security is a top priority, with IntelMarkets introducing the Quantum X Wallet, designed to be quantum-resistant against future cyber threats. The Route X21 protocol further bolsters security by addressing risks associated with advances in quantum computing. With $1 million secured for AI research and development grants, IntelMarkets is at the forefront of next-generation crypto security. The platform's presale performance highlights substantial market interest, having raised over $9.4 million with tokens rapidly selling at $0.08 per INTL. As both institutional and retail interest in AI-powered trading continues to grow, IntelMarkets is solidifying its position as a transformative force in the cryptocurrency sector. To learn more about the IntelMarkets platform, check out the presale or join the INTL community on Telegram .
