ADA Token Drops 4.17% Amid Death Cross, Whale Accumulation Supports $14.5B Market Cap

Cardano (ADAUSDT) experienced a 4.17% decline over the past 24 hours, with the price dropping from 0.3977 to 0.3811, according to Binance data. This negative price movement followed recent volatility in the broader cryptocurrency market and a technical "death cross" observed earlier in the week, which signaled market indecision. While the launch of the Midnight (NIGHT) token and integration of the Pyth Network have supported bullish sentiment, retail selling and resistance below the 0.410–0.415 range have weighed on ADA's price. Large whale accumulation has provided some support, but ADA remains in a consolidation phase near 0.38–0.41, with 24-hour trading volume reported at $678.85 million and market capitalization around $14.5 billion.