Cardano
Why Cardano is down 1.5% today
Analysis
Cardano (ADA) slipped about 1.5% over the past 24 hours despite a potentially supportive development: AMBCrypto reported that Cardano “gets USDCx,” but also noted that both SOL and ADA were largely flat as the market appeared to show limited immediate reaction to the news. The modest dip likely reflects this muted follow-through, with the update not translating into near-term buying pressure.
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.