According to CoinMeta, Cardano ( ADA ) has become one of the top-performing assets among the top ten cryptocurrencies over the past week, with a gain of about 25%, and its price reached $0.195, the highest level since July 4th. Market data shows that the market value of Cardano has increased by 24% in the past seven days. Despite a decrease in the number of wallets, the network development of several Cardano projects is progressing. Data indicates that the number of non-empty wallets for Cardano has decreased by 7,070 compared to two months ago, suggesting that many small holders chose to sell or exit the market during the rebound of ADA. Although the number of holding addresses has decreased, Cardano has still reached a new high in a month. Large holders have accumulated approximately 240 million ADA in the past five days, increasing their total holdings to around 14.5 billion coins.