The number of Cardano’s richest investors holding ADA has reached its highest level in almost a year. The article discusses the BARR pattern that Cardano appears to be following, which suggests a potential 20% decrease in price. However, on-chain fundamentals and the accumulation of ADA by whale and shark wallets indicate potential future gains. The article also mentions the growth in Cardano’s network metrics in the second quarter. The content concludes by stating that this article does not offer investment advice and advises readers to conduct their own research.
AI Sentiment: Positive
