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Cardano ADA faces pressure despite crypto sentiment jump
The article points to weak Cardano activity, with active addresses around 500,000 since February and about 600,000 transactions expected for the month.
Cardano’s ADA is under scrutiny as market sentiment improves, with Yahoo Finance citing the Crypto Fear and Greed Index jumping from a recent Neutral reading of 36 to 75, described as “Greed” mode. Despite that shift, ADA has not broken above its 200-day exponential moving average.
The piece argues ADA’s relative weakness reflects reduced institutional and on-chain support. It says no reputable asset management firm has attempted to list a Cardano exchange traded fund, and it links depressed usage to DeFiLlama data, with Cardano active addresses near the 500,000 level since February.
Yahoo Finance also highlights low transaction processing, saying the blockchain is expected to finish the month processing around 600,000 transactions. It contrasts that with Solana’s 5.1 billion transactions in August and about 4 million daily active users.
In valuation and technical terms, the article says ADA has logged a 40% loss in 2026 and that its market cap is about $7.1 billion, implying a market cap to TVL ratio of 125, compared with Solana at 10 and Ethereum at 6. It also describes a technical pattern tied to a weekly RSI reading of 30 during the 2022 bear market, when ADA fell to about $0.14 after first dipping to $0.24.
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