Cardano
Why Cardano is down 8.7% today
Analysis
Cardano (ADA) fell 8.7% over the past 24 hours as traders appeared to sell into heightened activity and recent momentum. U.Today reported a 55% surge in ADA trading volume tied to broader “ETF flows” chatter and a brief top-10 market-cap comeback, which can coincide with profit-taking and increased volatility.
Contributing Factors (2)
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Charles Hoskinson asks for input from community for next Cardano update regarding Logan.
Cardano Trading Volume Surges 55% as ADA Makes Top 10 Comeback: Details
Cardano jumps 55% in volume as crypto market's top 10 gets reshuffled.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.