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Cardano’s 2024 peak is a distant memory, now a ghost haunting investors as the price bleeds out, plummeting over 67%. The technical charts are flashing warning signs, a chorus of bearish indicators harmonizing with Cardano’s shaky foundation, hinting at a potentially devastating freefall. Is this just a correction, or is ADA teetering on the edge of a much steeper cliff?
Summary
- Cardano price has crashed by over 67% from its November high.
- Nansen CEO believes that the ADA will drop from the top 20.
- Technical analysis points to more downside in the near term.
Cardano (ADA) bleeds, clinging to $0.40 on Saturday. Is this a dip to buy or a sign of deeper trouble for the crypto heavyweight?
The crypto winter’s icy grip tightened, sending shivers down the spine of one particular altcoin. Plagued by weak fundamentals, the digital asset faced an avalanche of selling pressure. Nansen CEO Alex Svanevik’s chilling forecast sealed its fate: a precipitous drop out of the top 20 was imminent.
Cardano will fall out of top 20 in 2026.
It’s a total ghostchain. No-one uses it. Even price performance has been abysmal: peak couldn’t even reach -50% vs peak in 2021. Hyperliquid, Monad, Zcash will all flip it next year. pic.twitter.com/A8PpolayiQ Alex Svanevik 🐧 (@ASvanevik) November 20, 2025
Forget the fanfare: Critics are calling Cardano a digital ghost town, where Charles Hoskinson’s ambitious vision clashes with stark on-chain realities. Outside data paints a picture of stagnation, suggesting the promised ecosystem boom is more mirage than momentum.
Cardano, a crypto heavyweight with a $10 billion+ market cap, finds itself playing a surprisingly small role in the DeFi revolution. While Ethereum, Solana, and BNB Smart Chain are the bustling metropolises of decentralized finance, Cardano’s DeFi presence feels more like a quiet village, holding only ~$230 million in total value locked. A stark contrast, signaling a missed opportunity or a different path entirely?
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Cardano’s stablecoin presence is a mere drop in the ocean, a $35 million ripple in a sea dominated by giants. Beyond that, its absence in the burgeoning realms of Real-World Asset tokenization and the vibrant NFT marketplace is conspicuous, leaving it on the sidelines of these key crypto frontiers.
Cardano’s institutional cold shoulder? Only Grayscale’s tentative ADA ETF bid hints at interest. Solana and XRP, however, are drowning in institutional applications, a stark contrast hinting at underlying issues hindering Cardano’s mainstream appeal.
Cardano’s tripling down on the future with a trifecta of game-changing upgrades. First, say goodbye to fees with Hydra, their lightning-fast layer-2 scaling solution. Then, prepare for a consensus revolution with Leios, a radical protocol redesign. Finally, unlock ultimate privacy with Midnight, Cardano’s zero-knowledge sidechain, cloaking transactions in complete confidentiality.
Cardano price technicals points to more downside
ADA price chart | Source: crypto.news
ADA’s three-day chart paints a grim picture: a relentless, months-long descent. Once soaring at $1.093, ADA has crash-landed at $0.400, a chilling echo of last November’s lows.
A chilling plunge below $0.5132 shatters prior support levels from April and June, signaling potential capitulation. A grim harbinger emerges: a ‘death cross’ forms as the 50-day moving average slices ominously beneath the 100-day, hinting at further bearish momentum.
The bears are sharpening their claws. The Average Directional Index has surged past 36, signaling a rapidly intensifying downtrend. Adding fuel to the fire, the Relative Strength Index has plunged into oversold territory, suggesting the downward spiral could be gaining frightening momentum.
Cardano’s outlook is darkening. Brace yourselves, because a fall to $0.2760 last seen in August appears imminent. We’re talking about a potential 30% plunge from current prices. Prepare for a bumpy ride.
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Thanks for reading Cardano price risks 30% crash as crypto CEO makes a dire prediction
