Cardano USD Price & Performance (ADAUSD)

Cardano's price remains under strain as whales offload significant ADA holdings. Over 100 million tokens have reportedly been sold in the past week, pushing the cryptocurrency into a consolidation phase. Analysts warn of a possible drop to $0.50 if bearish trends persist, though recovery above $0.77 could signal renewed investor confidence.12

The SEC's potential decision to drop its lawsuit against Coinbase could reshape the crypto landscape. Robinhood and other platforms may feel emboldened to relist tokens previously alleged as securities. This development could also pave the way for more crypto firms to pursue U.S. IPOs, signaling a shift in regulatory sentiment.3

Cardano's price has experienced sharp fluctuations, dropping 6% recently before rebounding. Speculation surrounds its inclusion in a crypto reserve, which initially boosted prices but later raised concerns. Resistance near $1.00 remains a key barrier, with technical analysts predicting further downward pressure if support levels fail.45