ADA Token Sees 7% Price Drop Amid $15M Inflows and Record Futures Volume on Binance

Cardano (ADAUSDT) experienced a 7% price decline over the past 24 hours, with the current price at $0.8597 on Binance. This drop follows a period of price correction and consolidation after last week's rally, as technical indicators such as a falling RSI and fading MACD momentum signal increased selling pressure and profit-taking among holders. Despite the short-term bearish sentiment, weekly inflows of $15 million and heightened whale accumulation suggest underlying investor interest, while futures volume reaching a five-month high points to strong market participation. Cardano's 24-hour trading volume stands at approximately $2.75 billion, with a market capitalization near $30.5 billion, and the asset remains above key support levels despite recent volatility.