ADA Price Dips 2.11% Amid Profit-Taking, Whale Accumulation and Major Upgrades Drive Optimism

Cardano (ADAUSDT) has seen a 2.11% price decline over the last 24 hours, with its current price at $0.3939 on Binance, attributed to short-term profit-taking following a recent bullish breakout and subsequent consolidation. This movement follows ADA's recovery above the $0.38 support zone, backed by increased whale accumulation and technical optimism, as well as ongoing institutional developments and upcoming protocol upgrades that continue to support longer-term sentiment.

The market remains active, with a 24-hour trading volume fluctuating between $242 million and $1.11 billion, a circulating supply near 36–37 billion ADA, and a market capitalization estimated at $14.09–$14.48 billion. Despite the recent dip, ADA continues to trade within its established range and holds its position among the leading cryptocurrencies.