Cardano
Why Cardano is down 11.8% today
Analysis
Cardano (ADA) fell 11.8% over the past 24 hours despite heightened attention around the network. U.Today reported Charles Hoskinson teasing a “rare” protocol upgrade, which can raise short-term uncertainty as traders wait for concrete details.
Contributing Factors (2)
Charles Hoskinson Teases Rare Update for Cardano
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.