ADA Drops 4.11% Despite $71M Chang Fund and Samsung Partnership—Key Resistance at $0.84 in Focus
Cardano (ADAUSDT) experienced a 4.11% price decline over the last 24 hours, with the current price at $0.7674 on Binance. The recent downturn follows a period of bullish momentum driven by positive developments, including a $71 million community fund for the Chang fork and Hydra scaling, a partnership with Samsung for IoT integration, and increased accumulation by large holders. Despite these positive factors and a surge in trading volume, short-term profit-taking and resistance near $0.84 have contributed to the pullback. Cardano remains active, with a 24-hour trading volume of $1.47 billion and a circulating supply of 36 billion ADA, ranking 11th by market capitalization.