Overview
- ADA has fallen below the $0.51–$0.545 support zone and now trades well under the 50- and 200-day averages after a death cross.
- Market capitalization stands near $15.4 billion, down from $40.8 billion in January, with price roughly 63% below this year’s peak and about 31% off the monthly high.
- On-chain usage has weakened, with TVL around $251 million versus $904.91 million in December, weekly DeFi revenue down nearly 65% from October, and active addresses about 92% below last December.
- Derivatives exposure has contracted, as CoinGlass reports futures open interest near $710 million, down from roughly $1.95 billion in mid-September.
- The latest crypto.news analysis cautions that ADA could test $0.30 unless it reclaims about $0.54, which is flagged as a threshold for a potential short-term rebound.