#美国贸易赤字状况 Cardano(ADA)This wave of market movement is quite aggressive. Jumping from $0.30 to nearly $0.40 in just a few days, trading volume has clearly become more active.

Why does this rally seem less like a bluff? There are actually several reasons:

From a technical perspective, the Leios upgrade is steadily progressing, with the core phase already halfway through. This is no small matter, indicating that the product development is indeed moving forward.

Institutional support is also evident. Major investors are clearly increasing their ADA holdings, with its allocation in their portfolios reaching 18.55%, just behind Ethereum and Solana. This signals that large funds are not withdrawing but rather adding to their positions.

In the short term, profit-taking sell-offs are inevitable, which is normal. But the overall upward momentum remains, and whether it can continue to rise depends on two key factors: first, whether the upgrade progress can keep pace; second, whether subsequent funds are willing to continue supporting. Investors holding positions should maintain their composure, and those not yet in the market need not rush—just keep an eye on the upgrade milestones.