Cardano
Why Cardano is down 1.5% today
Analysis
Cardano (ADA) slipped about 1.5% over the past 24 hours as traders digested an update outlining expectations for a 2026 hard fork, which may have prompted short-term βsell the newsβ positioning despite being a longer-dated catalyst. U.Today reported that Cardano βdroppedβ details around the 2026 hard fork update, and the market reaction appeared to skew cautious in the near term.
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.