ADA Sees 1 Billion Tokens Withdrawn as Price Dips 2.25% Amid Global Trading Surge

Cardano (ADA) is currently trading at $0.7433 with a 24-hour trading volume between $593 million and $653 million, a 24-hour price change of -2.25%, and a market capitalization of approximately $22.7 billion. The recent price decline follows a period of strong accumulation, with nearly 1 billion ADA withdrawn from exchanges in the past week, indicating investor confidence and reduced liquid supply. Despite this, ADA has experienced moderate volatility and a short-term price pullback, likely influenced by overall market corrections and a reported decrease in transaction activity, while its security record and the implementation of decentralized governance continue to support long-term sentiment. The ADA/JPY trading pair has contributed significantly to global trading volume, accounting for over 10%, reflecting increased international interest.