UPDATE: Uphold Markets, with "institutional-grade insights," says "whale wallets added over 240M $ADA in the past week, now about 39% of supply, as Cardano moves through its Van Rossem hard fork into the Dijkstra era ahead of the Ouroboros Leios upgrade."

Whale wallets added roughly two hundred forty million ADA in the past week, raising their holdings to about thirty‑nine percent of Cardano's total supply as the network moves through the Van Rossem hard fork toward the Dijkstra era ahead of the Ouroboros Leios upgrade.

Published: 2026-08-07T16:45:21+00:00

Updated: 2026-08-07T17:03:36.332669+00:00

What happened

Whale wallets added roughly two hundred forty million ADA in the past week, raising their holdings to about thirty‑nine percent of Cardano’s total supply as the network moves through the Van Rossem hard fork toward the Dijkstra era ahead of the Ouroboros Leios upgrade.

Confirmed

Global impact / market context

The large‑scale accumulation by whales shows confidence in Cardano’s upcoming upgrades, which could improve network speed and security, potentially raising the token’s price and attracting more institutional investors.

Analyst inference

Interest in proof‑of‑stake blockchains is growing, and Cardano’s upgrades aim to make it faster and cheaper, helping it compete with other platforms for developer projects and investor funds.

Analyst inference

What to watch

Any delays or issues with the Van Rossem hard fork, which could affect network stability and investor confidence. Confirmed
The rollout of Dijkstra era features and the upcoming Ouroboros Leios upgrade, which may unlock new smart‑contract functions and lower transaction costs. Proposed
Continued whale or institutional buying of ADA, indicating ongoing demand that could support higher prices. Analyst inference

Affected assets

ADA — Cardano

Evidence

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