With the price of Cardano (ADA) showing upward potential as the crypto market gains traction again, institutional buying pressure is experiencing a notable rise. One of the leading companies in the crypto sector that has been accumulating ADA at a substantial rate is American-based cryptocurrency exchange Coinbase.
Coinbase Step Up Cardano Accumulation
As the current bull market phase progresses, the accumulation of Cardano has accelerated significantly. Coinbase , an American cryptocurrency exchange, has stepped up its commitment to buying ADA, demonstrating a greater level of confidence in the altcoin’s long-term prospects.
Mintern, the Chief Meme Officer (CMO) at Minswap, shared the positive development on the social media platform X, sparking optimism within the Ca