ZyCrypto 2025-05-28 19:12:48

Cardano’s $1 Billion ADA Exchange Exodus Mirrors 2021 Run That Hit $3.10 All-Time High

Thanks to a confluence of sentiment, market dynamics, and strategic developments, Cardano (ADA) continues to attract significant attention. As a result, the ninth-largest cryptocurrency is witnessing intensified holding, given that ADA worth nearly $1 billion has exited crypto exchanges since the beginning of the year. Calling out this development, on-chain metrics provider TapTools pointed out , “Nearly $1 billion worth of Cardano ($932M) has been withdrawn from centralized exchanges since the beginning of 2025. The last time outflows approached this magnitude was in 2021, during ADA’s climb to its $3.10 all-time high.” Source: TapTools Based on this analysis, the heightened holding culture witnessed might catapult Cardano to its historical high price of $3.10 from its present price of $0.74, representing a 318.9% climb. Meanwhile, Cardano founder Charles Hoskinson recently gave an expansive glimpse into the network’s ambitious vision , with its privacy-focused sidechain Midnight and AI-powered developments taking center stage. Cardano ETF’s Interest Surges Given that an exchange-traded fund (ETF) can increase institutional investor interest for market diversification and liquidity purposes, the rollout of a Cardano ETF continues to attract notable attention. According to Polymarket data, the possibility of an ADA ETF being rolled out by the end of 2025 stands at 71%. Source: Polymarket Market analyst BuddyKing added, “Cardano’s daily transactions have hit a high of 50,000, supported by strong fundamentals like the potential launch of an ADA ETF. The ADA price is rallying off positive on-chain data, as traders stay alert for a possible breakout.” Therefore, Cardano continues to witness bullish on-chain metrics.

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