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International Business Times
International Business Times
Business
Isaiah McCall

Is Cardano Dying? ADA Price Crashes to New Low and Founder Abandons Project

ADA Cardano
ADA just hit a 5-year low, down 90% from its peak (Credit: IBTimes US)

Cardano is trading near $0.166, its lowest level since December 2020 and down roughly 42% in a single month.

That print effectively unwound the entire speculative premium from Cardano's Alonzo-era rally, leaving ADA about 95% below its 2021 all-time high of $3.10.

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