Pseudonymous Cardano ($ADA) influencer “ADA whale” (“cardano_whale” on Twitter) explained why he believes that the people’s “favortie chain” is likely to “thrive” in the next bull cycle.

On 15 March 2022, “ADA whale” explained why he is so bullish on Cardano:

Since then, the Vasil upgrade has taken place, and number of projects being built on Cardano has gone from 517 to 1,122, which is an increase of 117%.

As for Cardano’s 24-hour NFT trading volume, since 15 March 2022, it has gone from 882,634 ADA to 3,724,619 ADA (which is the all-time high and it was reached on 21 October 2022), meaning an increase of 332%.

Source: OPENCNFT.IO

On 16 June 2022, “ADA whale” said that once the current bear market is over, Cardano will be one of the fastest blockchains and it will have a very rich ecosystem.