Cardano's price has fallen below $0.25 amid broader cryptocurrency market volatility, but on-chain data reveals significant accumulation by large ADA holders. Despite retail traders' pessimism, top-tier investors are buying up liquid supply, suggesting confidence in Cardano's long-term potential. On-chain metrics support this accumulation trend, with Cardano's Total Value Locked (TVL) increasing by over 42% since September 2025, now standing at approximately 542.71 million ADA. Additionally, decentralized exchange activity has surged by 39.58% week-over-week, and mainnet transactions have reached a new high, surpassing 121 million. These developments indicate strengthening network fundamentals, despite short-term price weakness.