Cardano's ADA price fell nearly 18% in 24 hours to around $0.16, reaching lows not seen since late 2020. Despite the selloff, social activity and on-chain usage increased, driven by concerns around founder Charles Hoskinson taking a break and ecosystem funding issues. Technical analysis suggests further downside targets at $0.11 and $0.051 unless ADA recovers key levels. The market remains bearish with strong selling pressure and ongoing governance challenges affecting investor confidence.
Cardano's price dropped to $0.1878, an 11.87% decline in 24 hours, marking its lowest level since 2020 and continuing a long-term downtrend with an 86% loss since December 2024. The derivatives market shows 75% short positions, indicating bearish sen...
Cardano's ADA price fell below $0.16 for the first time since December 2020 after founder Charles Hoskinson announced he is taking a break due to an expected wave of project failures and funding issues within the ecosystem. This announcement sparked ...
Charles Hoskinson, founder of Cardano, announced he is reducing his public appearances and social media activity due to hostile interactions online. He clarified that increasing ADA's price was never his responsibility and criticized the focus on tok...
Cardano's ADA has been under sustained selling pressure since losing a key support level in mid-May, with short positions making up about 75% of derivatives exposure. Despite increased trading activity, much of it reflects bearish bets rather than re...
XRP's price dropped to $1.14, with Ripple's former CTO David Schwartz stating crypto prices often defy logic amid retail investor frustration. Cardano's ADA hit a 5-year low at $0.1917 as founder Charles Hoskinson announced a break following internal...
