Cardano’s price has surged by almost 10% over the past week amid the current broader market recovery. This surge is fueled by Cardano’s increasing network activity and long-term holding trends, indicating growing investor confidence. With the broader market in recovery mode and on-chain fundamentals strengthening, ADA’s current setup suggests the potential for a sustained upside. ADA Accumulation Grows as Traders Show Strong Conviction ADA’s demand has soared over the past week, as reflected by the steady surge in the daily count of active addresses on the Cardano network
source: https://beincrypto.com/cardano-network-activity-holding-time-surges/