$ADA Cardano (ADA) is currently trading near $0.64, with low intraday volatility. It experienced a ~6% drop on June 13, largely driven by debate over a $100M treasury proposal to boost DeFi liquidity—sparking market nerves around increased token supply . Technically, ADA is hovering within a narrow $0.65–$0.71 range, and a breakdown below may send it toward $0.50, while a rebound could test resistance near $0.77 . Longer-term, some see bullish potential if broader altcoin sentiment picks up, although whale activity remains subdued . Overall, for now ADA reflects market caution with a mixed technical picture.