Cardano
Why Cardano is down 1.7% in the last hour
Analysis
Cardano (ADA) slipped 1.7% over the past hour as the market appeared to treat recent ecosystem headlines as largely non-catalytic in the near term. AMBCrypto noted that despite Cardano getting USDCx (and other positive developments elsewhere like Solana’s PayPal integration), both SOL and ADA were “flat,” suggesting the news wasn’t driving immediate buying momentum and ADA remained vulnerable to a modest pullback.
Contributing Factors (1)
Solana lands PayPal, Cardano gets USDCx – But why are SOL and ADA flat?
Traders want visible results before coming in with faith.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.