Large holders accumulated more than 10 million ADA tokens within a 24-hour period amid a notable decrease in price. This buying spree signals significant interest from MAJOR investors in ADA, potentially reflecting long-term confidence despite short-term market stress.

The price drop is linked to overall market conditions influenced by strong employment figures in the U.S. Despite this, Cardano remains focused on advancements, continuing to implement key upgrades. These developments suggest that the network aims for long-term growth beyond immediate market fluctuations.