Overview
- Santiment reported that addresses with at least 1 million ADA now hold 25.09 billion tokens, the biggest total on record and the highest supply share since July 2020.
- A “millionaire” wallet holds 1,000,000 ADA, worth about $262,400 at recent prices near $0.27.
- The accumulation streak has run uninterrupted since December 2023 even as Cardano’s market value fell about 71% over nine months.
- Decentralized finance activity has contracted, with DefiLlama showing total value locked at $137 million versus about $686 million in December 2024.
- Network usage remains light, with $1,767 in fees over the past day and 15,975 active addresses, according to the latest reporting.