Cardano

Analysis

Cardano (ADA) fell 3.9% over the past 24 hours as traders weighed uncertainty around a potential near-term protocol scaling upgrade, with attention on whether the planned testnet release will proceed as expected. U.Today reported that a major scaling upgrade is “eyeing” a testnet release, and the lack of a confirmed rollout can contribute to a risk-off reaction despite the longer-term positive intent of the news.

Contributing Factors (1)