Overview
- ADA trades near $0.41, its lowest level in over a year and roughly 70% below its December 2024 peak.
- Total value locked has fallen about 36% in 30 days to roughly $186 million, with stablecoin liquidity reported below $40 million.
- The community approved a $2 million treasury loan to help Cardano-native tokens secure tier‑1 exchange listings, a repaid-funds model proposed by the Snek Foundation.
- Charles Hoskinson says the Midnight privacy sidechain and a planned RealFi initiative could lift TVL after December, though on‑chain metrics have not yet improved.
- Charts remain bearish after key support breaks and a death cross, with downside risk flagged toward $0.30–$0.277 even as oversold readings and a falling wedge hint at a possible rebound; rivals like Monad are already nearing $100 million in TVL.