$ADA – Why the Recent Dip?
Cardano’s ADA has slipped due to a mix of governance uncertainty and tech delays. The community’s heated debate over tapping the treasury for stablecoin liquidity rattled confidence, while proposals stalled, leaving developers in limbo. At the same time, key upgrades like Vasil and Hydra faced scheduling hiccups, slowing DeFi growth on the network. Market-wide profit-taking after Bitcoin’s rally added downward pressure, and fierce competition from Ethereum Layer-2s and Solana further diverted capital. On-chain data shows ADA outflows from exchanges rising, signaling more sell-side activity. Until governance decisions and roadmap milestones clear, expect ADA to tread water.