ADA is very solid and well built.
The price reflects it as it pumped a lot but didn’t have a significant correction right after.
People buying have a good incentive to then take it out of the exchanges and staking it. When you stake, you pay a little fee and have to wait at least 15 days to get your rewards, so people tend to not send their ADA back in the exchange as soon as the price goes down. They keep stacking and staking it and the price only goes up.
Out of the 31 billion in circulation, almost 23 are staking at the moment.
It’s literally a brainless investment and as more people learn about it and start staking it, there no reason to ever come back to pure market speculation on exchanges with shitcoins nobody will remember in 1 year.
Also ADA is the 3rd crypto with the highest capitalisation and has been growing steadily for a while, because it’s not about speculation but about liking the coin and the project.