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Cardano hits six-year low at $0.148, rebounds 12% ahead of major Leios testnet upgrade.

Protocol Fundamentals
10 Jun 2026
Blockonomi
View Source
Neutral
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Cardano's ADA price fell to $0.148, its lowest since 2020, before recovering 12% to around $0.167 by June 9, 2026, amid broad crypto market weakness. The network is preparing for a major upgrade with the Leios testnet launching June 23, aiming to increase transaction capacity by 33 times. Blockchain data shows long-term holders are moving dormant coins, signaling potential market shifts, though DeFi activity and total value locked on Cardano have declined recently. The full Leios upgrade is expected by late 2026, with technical indicators hinting at a possible price rebound if resistance levels are broken.

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