The Cardano Foundation announces that ADA tokens can be used for payments at 137 Spar supermarkets in Switzerland, marking a significant advancement in the application of its blockchain technology. This enhances the recognition of ADA as a payment tool and may stimulate more retailers to accept ADA payments, driving increased token usage and market attention.

After integrating the Cardano blockchain with DFX.swiss, ADA tokens are now available as a payment option at 137 Spar supermarkets in Switzerland. Users can pay directly with ADA by scanning a QR code, and merchants will ultimately receive Swiss Francs.

Cardano (ADA) is currently maintaining a consolidation range, with the price approaching $0.27, and market sentiment leaning bullish. Recent open interest and trading volume have declined, but there has been no panic selling. Technical analysis shows a key support level at $0.2676. If the resistance zone is broken, the target could rise to $0.30. In terms of ecosystem development, cross-chain trading and the launch of the stablecoin USDCx have brought in capital inflows. Several upgrades are scheduled for March, attracting market attention.

Cardano's ADA token has risen nearly 20% within 48 hours, with its market cap climbing back into the top ten. The current price is approximately $0.292. If it can hold the $0.30 support level, further gains are possible. On-chain data shows whales increasing their holdings, and Grayscale has also increased its ADA allocation, indicating clear signs of capital inflow.

Recent data shows that despite the price correction of Cardano, large holder addresses continue to accumulate ADA, with a total increase of approximately 819.4 million coins over the past six months, indicating a medium- to long-term investment intention. Whales accelerate their accumulation during price declines, which is seen as a signal of building positions at low levels. ADA has rebounded 14% in the short term, and its future trend depends on market sentiment and capital flow. The market is watching whether whale accumulation will drive a medium-term rally.