Cardano
Why Cardano is down 1.1% in the last hour
Analysis
Cardano (ADA) slipped 1.1% over the past hour as the market appeared to show limited immediate reaction to ecosystem headlines, with traders keeping ADA relatively muted despite the rollout of USDCx on Cardano. AMBCrypto noted that even with this development (and parallel positive news for Solana), both assets stayed βflat,β suggesting the news didnβt provide enough near-term catalyst to support price strength.
Contributing Factors (1)
Solana lands PayPal, Cardano gets USDCx β 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.