Market Analysis of Cardano ($ADA ): January 2026.
Despite high volatility and a 19% drop in ADA price over the last two months, on-chain metrics indicate positive internal trends:
Accumulation by 'whales': Large holders (from 100k to 100 million ADA) have purchased coins worth $161.42 million. The most active group consists of balances of 10–100 million tokens.
Capitulation of retail: Small investors are mass closing positions, which often precedes the end of a correction and the phase of market recovery.
Resilience of DeFi: The TVL (Total Value Locked) metric of the Cardano ecosystem remains stable at around 460 million $ADA , indicating users' trust in the decentralized protocols of the network.
The market is in a phase of asset redistribution from retail players to institutions, creating a foundation for future growth.