Cardano (ADA) has dropped sharply by almost 30%, falling below a critical support level near $0.24 that had held since February. This breakdown triggered increased selling pressure and liquidations, pushing ADA near $0.17 and into deeply oversold territory as indicated by the Relative Strength Index (RSI). While this oversold condition could lead to a short-term rebound, ADA remains below major moving averages, signaling a continued bearish trend. The key test ahead is whether ADA can sustain a recovery above $0.20 and reclaim resistance around $0.23-$0.25 to improve its outlook.
Charles Hoskinson, founder of Cardano, addressed concerns about treasury spending and ecosystem support following the shutdown of several projects like TapTools. He warned that difficult market conditions are causing financial pressure on projects, p...
Charles Hoskinson, founder of Cardano, predicted that ADA could eventually surpass Bitcoin through sustained ecosystem growth and strong community support. However, critics argue that ADA would need to increase its market capitalization by about 205 ...
Cardano co-founder Charles Hoskinson revealed that 1,096 BTC, now worth about $70 million, was spent on auditing the project's 2016 crowdsale. The funds were held by an Isle of Man foundation, which dissolved in December 2025, raising concerns over r...
Over the weekend, ZEC surged 15.3%, marking the largest gain among cryptocurrencies, while Bitcoin remained stable around $65,621. Other altcoins like HYPE, ADA, RAIN, and SOL also showed modest gains. Despite these selective advances, overall market...
In Q1 2026, Cardano's ADA token price dropped 27.4% to $0.24, reflecting short-term market weakness amid broader ecosystem declines like a 23.5% drop in DeFi value locked and 28.1% fewer active addresses. However, Cardano advanced significantly in bu...
