ADA, the native token of Cardano, has experienced a significant drop of 5.11% in the past 24 hours and is trading at $1.07.
Despite this decline, ADA maintains its position as the ninth-largest digital asset with a market capitalization of $37.74 billion. However, it remains 65.63% below its all-time high of $3.10. Investors are keenly observing whether ADA will break out or face further corrections in the coming days.
![Cardano [ADA] Shows Promise with Breakout Potential Amid Strong Fundamentals and Rising Market Engagement](https://loutre.blockchair.io/w4/storage/news/ctag.png){kind=small}
