Cardano investors have been actively buying up ADA tokens in recent weeks, with little impact on the cryptocurrency's price.

According to IntoTheBlock, investors holding between 100 million and 1 billion ADA tokens have increased their holdings by 11% over the past 30 days. As a result, they now hold 6.71% of the total ADA supply.

Despite this significant buying activity, the ADA price has remained relatively stable. In comparison to last month, the price has increased by 1.4%. At the time of writing, Cardano is trading at $0.46 USD.

Meanwhile, preparations are underway for the upcoming Cardano hard fork, "Chang". Details about the upgrade can be found here.

Cardano, a project founded by Charles Hoskinson, has recently faced criticism. Forbes recently listed Cardano as one of the "Good-for-nothing Blockchains". The reasons behind this criticism can be found here.

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