$ADA Cardano (ADA) has experienced significant price fluctuations recently. As of June 13, 2025, the price of ADA is approximately $0.63, down 6.59% in the last 24 hours and down 1.5% over the past 7 days. The market capitalization is approximately $22.56 billion, ranking it tenth globally. Trading volume has surged to $1.138 billion in the last 24 hours, indicating increased market activity. Technical analysis shows that ADA is in a downward channel, with RSI exhibiting bearish momentum. The short-term support level is at $0.60, and a breakdown could lead to further declines to $0.50. The resistance level is at $0.71, and if broken, it could rise to $0.85. Market sentiment is mixed, with 74% of Binance traders being bullish, but there are disagreements within the community regarding Charles Hoskinson's proposal to convert 140 million ADA into stablecoins and Bitcoin to boost DeFi, raising concerns about short-term selling pressure. In the long term, Cardano's DeFi ecosystem and privacy stablecoin plans (such as the Midnight sidechain) provide growth potential, but vigilance is needed regarding market volatility and regulatory risks.