Overview
- Charles Hoskinson publicly rejected an X user’s claim that he sold ADA near $3, labeling the narrative misinformation amplified by bots.
- Cardano’s token is down about 58% for 2025, including roughly a 15% decline in December.
- Coinglass recorded approximately $877,810 in net outflows from ADA positions on Dec. 26, reinforcing cautious sentiment.
- Price action remains weak with rallies failing to retake $0.36 as traders watch the $0.3380–$0.34 area, with chart-based risk flagged toward $0.30–$0.32 on a breakdown.
- On-chain and derivatives metrics have deteriorated, with DefiLlama’s TVL sliding from $544 million in August to $215.5 million and futures open interest falling from $1.72 billion in October to $651 million.