ADA Token Slides 4.86% Amid Market Downturn Despite Strategic Reserve Inclusion and Whale Accumulation

ADAUSDT has declined 4.86% in the past 24 hours, with the price falling from 0.6868 to 0.6534, according to Binance data. This drop is primarily attributed to broader market downturns driven by profit-taking, recession sentiment, and risk-off moves across major cryptocurrencies, despite recent positive developments such as Cardano’s inclusion in the proposed US crypto strategic reserve and ongoing whale accumulation. Trading volume and volatility remain elevated, with ADA’s market cap estimated around $11.1 billion and circulating supply near 17.44 billion ADA. The asset is currently hovering near a key support level, reflecting heightened uncertainty and bearish sentiment in the short term.