Cardano
Why Cardano is down 5.8% today
Analysis
Cardano (ADA) fell 5.8% over the past 24 hours as traders reacted to news around the project’s longer-term roadmap rather than an immediate catalyst. U.Today reported Cardano “dropped” a 2026 hard fork update and outlined what to expect, which may have prompted short-term risk-off positioning given the extended timeline and uncertainty around near-term impact.
Contributing Factors (1)
Cardano Drops 2026 Hard Fork Update: What to Expect?
Cardano's next hard fork to Protocol version 11 advances, with fresh updates shared.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.