Cardano
Why Cardano is down 1.7% today
Analysis
Cardano (ADA) slipped 1.7% over the past 24 hours as traders digested an update outlining the timeline and expectations for a 2026 Cardano hard fork, which may have prompted near-term uncertainty and profit-taking after the announcement. The move appears tied to market reaction to the protocol-upgrade discussion rather than any immediate network change.
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.