. This remarkable 100 billion ADA spike has sparked curiosity about the reasons behind this sudden whale activity.
One of the primary driving forces behind this surge could be the fundamental growth of the Cardano network. Over the past few months, Cardano has made significant strides in enhancing its platform, fostering an environment conducive for the acceleration of large-scale transactions. Upgrades like the Alonzo hard fork, which introduced smart contracts capability to the network, may have driven the adoption of Cardano among large-scale investors, influencing the spike in transactions.
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