ADA Sees High Volatility as DeFi Activity Drops and Institutional Interest Sparks Key Buy Orders

Cardano (ADA) is currently trading at $0.6743, down 2.15% over the past 24 hours from a 24h open of $0.6891, with high trading volume and notable market volatility. The recent price decline and subsequent volatility are attributed to a combination of factors, including a broader downward trend since early 2025, reduced DeFi activity as reflected by a drop in Total Value Locked to approximately $318 million, and ongoing regulatory uncertainties such as delays in the Grayscale ADA ETF review. However, positive developments such as the integration of the USDM stablecoin with the Lace Wallet, network upgrades, and renewed institutional interest have contributed to short-term rebounds and increased market activity, with large holders placing significant buy orders at key demand zones. Overall, Cardano remains among the top-10 cryptocurrencies by market cap, with analysts monitoring both its volatility and potential for recovery amid evolving market conditions.