ADA Token Drops 8.83% Amid Geopolitical Tensions, Yet Leios Upgrade and Staking Growth Signal Resilience

ADAUSDT experienced an 8.83% price decline over the past 24 hours, dropping from a 24h open of $0.5750 to a current price of $0.5242 on Binance. This sharp decrease is primarily attributed to heightened volatility and increased trading volume following escalating geopolitical tensions in the Middle East, which triggered broader market anxiety and sell-offs across the cryptocurrency sector. Despite these macroeconomic and geopolitical headwinds, Cardano continues to see positive developments, including anticipation for the Leios network upgrade aimed at improving scalability, growing institutional interest, and a notable increase in staking addresses. Trading volume surged above its 30-day average, and ADA's market cap remains above $12 billion, with price stabilization observed near the $0.52–$0.55 range amid ongoing uncertainty.