AD

Cardano

ADA 24 Hour Move
-1.63%
$0.30 β†’ $0.29

Why Cardano is down 1.6% today

Analysis

Cardano (ADA) slipped 1.6% over the past 24 hours as market attention centered on mixed, near-term narratives rather than a clear bullish catalyst. U.Today highlighted that ADA recently fell out of the top 10 by market cap, which can weigh on sentiment and flows, while a separate U.Today piece noted Charles Hoskinson teasing a β€œrare” protocol update that may not immediately translate into buying pressure.

Contributing Factors (3)

#1
U.Today Protocol Upgrade 2 weeks ago

Charles Hoskinson Teases Rare Update for Cardano

Charles Hoskinson asks for input from community for next Cardano update regarding Logan.

Confidence
76%
Read source
#2
U.Today ETF Flows 2 weeks ago

Cardano Just Left Top 10 Cryptos, What's Needed for Comeback?

Cardano currently ranks as the 11th largest cryptocurrency by market capitalization, flipped by Hyperliquid (HYPE) token.

Confidence
71%
Read source
#3
U.Today ETF Flows 2 weeks ago

Three New Cardano ETFs Coming to Wall Street: Details

More Cardano ETF products are coming to national exchanges through Volatility Shares.

Confidence
66%
Read source

Move Details

Asset Cardano
Symbol ADA
Direction ↓ Bearish
Timeframe 24 Hours
Start Price $0.30
End Price $0.29
Change -1.63%
Detected Feb 4, 2026 1:40 PM

Explanation Confidence

72%

High confidence in the explanation based on source reliability and timing.