$ADA Popular Cardano influencer expressed concern about front-running and selling pressure on ADAV.

Trading volume surged to about $0.622 before the price bounced back to $0.64, but faced resistance.

The ADA token from Cardano fell by 6.01% to $0.6412 amid market reaction to macroeconomic volatility and heated debates over a proposal to allocate $100 million from the treasury to strengthen the DeFi ecosystem.