Cardano
Why Cardano is down 1.4% in the last hour
Analysis
Cardano (ADA) slipped 1.4% over the past hour despite a potentially supportive headline, suggesting the move was more consistent with short-term profit-taking or muted follow-through rather than fresh bullish demand. U.Today reported that CME added Cardano (ADA) futures, but the market reaction in this window appears to have been subdued, with ADA still trading lower shortly after the news.
Contributing Factors (1)
CME Adds Cardano (ADA) and Stellar (XLM) Futures: Are XRP and Solana (SOL) About to Lose Their Institutional Edge?
CME officially welcomed Cardano and Stellar futures after XRP and Solana broke records in Q4, 2025. ADA and XLM now live in the $30 billion daily crypto derivatives arena, targeting institutional infl...
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.