Over 7,000,000 $ADA A belonging to 1,683 Cardano holders is currently at risk — not of being lost, but of earning zero rewards.
Why This Happened
A stake pool operator known as Homer J., whose actions earlier caused a temporary Cardano network fork, has retired his stake pool (ticker: AAA).
However, many users are still delegating to this inactive pool, meaning:
Their ADA is safe, but
They will no longer receive staking rewards unless they redelegate.
Community Warning
Cardano community member Cardano YODA reported that more than 7M ADA is still staked in the retired pool and advised all affected holders to immediately redelegate to an active pool.
Some users are already switching to alternatives such as MANDA and PLKOZ.
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Cardano Price Impact and December Outlook
ADA recently dipped to $0.4059, then recovered slightly to $0.4141 (+1.68%), while trading volume dropped 21.76%. ADA is still struggling to stay above $0.50.
Upcoming Catalysts in December
Dec 5: 24/7 ADA trading goes live on Coinbase
Dec 8: Launch of Cardano’s Midnight token
New exchange listing expansion proposal approved by the Cardano Foundation
These events could help ADA regain momentum if market sentiment improves.
