Cardano whales have significantly increased their holdings by purchasing 348 million ADA, valued at over $200 million, this week. This buying spree comes amid a 41% price surge in the last quarter, outpacing major cryptocurrencies like Bitcoin, XRP, and Solana. Despite a halt in Cardano ETF applications due to the US government shutdown, the Cardano DeFi sector has experienced a 30% rise in onchain market activity. Additionally, NFT volumes on the Cardano network have increased sevenfold, indicating robust growth in its ecosystem.