This year has been a tough ride for Cardano (ADA) investors, as weakening retail participation collides with renewed development activity and aggressive accumulation by large holders. Related Reading: Bitcoin Capitulation Or Buy Zone? What On-Chain Data Shows Right Now While on-chain data points to growing long-term conviction, market sentiment around ADA remains fragile, leaving the asset caught between technical pressure and ecosystem expansion efforts. Cardano sits at #11 trading near $0. 28 after a sharp correction from January highs above $0
source: https://www.newsbtc.com/news/cardano/cardano-ada-back-in-survival-mode-despite-whale-accumulation-and-defi-expansion-plans/