What is your opinion on $ADA Coins?
Wait or sell?
As of May 24, 2025, Cardano (ADA) is trading at approximately $0.7585 USD, reflecting a 7.6% decline over the past 24 hours. The market capitalization stands at around $26.7 billion, with a 24-hour trading volume of approximately $1.19 billion .
Despite the recent dip, #ADA has experienced a notable 11.6% increase over the past month . Analysts suggest that significant withdrawl from centralized exchanges—nearly $1 billion since early 2025—could indicate a potential supply shock, possibly driving the price toward the $1.20 mark .
Technical indicators, such as Bollinger Bands, point to potential volatility, with ADA's price possibly reaching $0.90 in the near term . However, short-term bearish signals have also been observed, suggesting that while long-term prospects remain optimistic, caution is advised in the immediate future .
