Cardano loses top-10 spot as price hits 3-year low – What should traders do next?

ambcryptoPublicado a 2026-02-08Actualizado a 2026-02-08

Resumen

Cardano (ADA) has fallen out of the top 10 cryptocurrencies by market capitalization, losing its position to Bitcoin Cash (BCH) for the first time since 2021. The altcoin’s price dropped to a three-year low, revisiting levels last seen during the November 2022 FTX crash. Despite a brief market resurgence, ADA underperformed, declining while other assets rallied. Transaction counts have shown some recovery but remain below historical averages. Technically, ADA has been in a bear market since late 2024 and is testing a critical support zone around $0.22. A breakdown below this level could signal further declines. On a positive note, Grayscale increased its ADA holdings in its smart contract fund from 18.50% to 19.55%, suggesting institutional accumulation at current prices. While this may indicate a potential reversal point, the overall outlook remains uncertain, with both bullish and bearish possibilities in play.

Some of the top coins, based on market capitalization, are finding it difficult to cope with the current market conditions. Among them is Cardano, which only gained 2% in the last 24 hours after missing the wider market’s brief resurgence the previoius day.

Cardano’s troubles persist as historical price levels continue to plummet. However, the slow accumulation by institutions is one of the few positives to take here. Hence, the question – How will the altcoin’s price react to these mixed signals from Cardano?

ADA loses top-10 spot to Bitcoin Cash!

Thanks to its indifferent price action, Cardano (ADA) lost its spot in the top 10 cryptos by market capitalization to Bitcoin Cash (BCH). This is the first time this has happened since 2021.

This flip started the previous day as BCH rallied by 20% while ADA’s price lagged. At press time, ADA was capped at $9.766 billion, while BCH had a market cap of $10.43 billion.

In fact, ADA has been one of the poorest performing coins in the top ten.

Cardano’s price matches 2022 FTX crash low

In addition to falling out of the top 10, Cardano also hit a 3-year low on the price charts. It is now back to the levels it saw soon after FTX’s November 2022 crash. Back then, ADA slipped below the $0.22-level, which was revisited in early June of 2023.

Even the crash of 10 October 2025 was not enough to match this low. That wasn’t the case this week as despite some market-wide resurgence, ADA continued to lose value.

However, that didn’t seem to apply to the transaction count though. This metric hit a low of 168,100 a while back. Since then, it has risen to hit 234,443 at press time. That said, these levels appeared to be still well below its historical levels.

Technically, ADA has been in a bear market since early December 2024. The altcoin is even trading below the 05 August crash low that initiated the rally to $1.329.

Combining historical behavior and the numerical outlook on the chart, it might mean that a reversal point has been reached. The zone at $0.22 would reach its sixth rejection if it is successful this time as well.

That may be a sign, but who knows. This could be the mother of all bear market seasons. Hence, the price could break below the $0.22 support zone.

Grayscale ups ADA smart contract fund

For its part though, Grayscale has been increasing its ADA accumulation for the smart contract fund. Maybe, they view the drop to a historical low as a bargain.

The fund increased its ADA percentage holdings from 18.50% to 19.55%. This is a significant move considering the fund has other established coins like Ethereum (ETH) and Solana (SOL) too.

Taken together, these findings could mean that the 3-year low might be the start of an uptrend. However, more bearishness cannot be overlooked.


Final Thoughts

  • Cardano lost its top-10 spot by market cap as the price fell to a 3-year low.
  • Grayscale stacked more ADA for its smart contract fund as the price rejected further breakdown.

Criptos en tendencia

Preguntas relacionadas

QWhy did Cardano lose its top-10 spot in the cryptocurrency market?

ACardano lost its top-10 spot to Bitcoin Cash because of its indifferent price action. While Bitcoin Cash rallied by 20%, Cardano's price lagged, resulting in Bitcoin Cash having a higher market cap at press time.

QWhat significant price level did Cardano recently hit?

ACardano hit a 3-year low, falling back to the price levels it saw soon after the FTX crash in November 2022, revisiting the $0.22-level.

QWhat was one positive institutional signal mentioned in the article regarding Cardano?

AGrayscale increased its ADA accumulation for its smart contract fund, raising its ADA percentage holdings from 18.50% to 19.55%, viewing the drop to a historical low as a potential bargain.

QWhat does the article suggest about the possibility of a price reversal for ADA?

AThe article suggests that combining historical behavior and the numerical outlook on the chart, the $0.22 zone might be a reversal point if it gets rejected for the sixth time. However, it also cautions that more bearishness cannot be overlooked and the price could break below that support.

QHow did Cardano's transaction count change according to the article?

AAfter hitting a low of 168,100, Cardano's transaction count had risen to 234,443 at press time. However, these levels were still noted as being well below its historical levels.

Lecturas Relacionadas

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbitHace 2 hora(s)

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbitHace 2 hora(s)

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

South Korean stock market sees a dramatic shift in fund flows. On July 31, foreign investors made a record net purchase of approximately KRW 7.2 trillion in KOSPI stocks, marking a fundamental reversal from the persistent large-scale net outflows seen in previous months. This contributed to a significant narrowing of foreign net selling in July to KRW 9.8 trillion, down sharply from KRW 48.4 trillion in June and KRW 44.5 trillion in May. Simultaneously, domestic institutional pressure eased. South Korean pension funds and asset managers turned to a net buying position in July, purchasing KRW 1.0 trillion worth of KOSPI shares, contrasting with net sales in May and June. Market volatility is expected to be dampened by new financial regulations. Effective July 31, the Financial Services Commission tightened access for retail investors to single-stock leveraged ETFs by raising the minimum cash deposit requirement. Trading volumes for these products subsequently dropped to about 50% of their monthly average. Citigroup Research maintains its year-end KOSPI target of 10,000 points. The firm cites several supportive factors: the substantial easing of headwinds from capital outflows, a robust fundamental outlook for the semiconductor sector, historically low market valuations, strong economic fundamentals, and the potential for policy support from financial authorities if needed.

marsbitHace 2 hora(s)

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

marsbitHace 2 hora(s)

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ruHace 7 hora(s)

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ruHace 7 hora(s)

Trading

Spot

Artículos destacados

Cómo comprar ADA

¡Bienvenido a HTX.com! Hemos hecho que comprar Cardano (ADA) sea simple y conveniente. Sigue nuestra guía paso a paso para iniciar tu viaje de criptos.Paso 1: crea tu cuenta HTXUtiliza tu correo electrónico o número de teléfono para registrarte y obtener una cuenta gratuita en HTX. Experimenta un proceso de registro sin complicaciones y desbloquea todas las funciones.Obtener mi cuentaPaso 2: ve a Comprar cripto y elige tu método de pagoTarjeta de crédito/débito: usa tu Visa o Mastercard para comprar Cardano (ADA) al instante.Saldo: utiliza fondos del saldo de tu cuenta HTX para tradear sin problemas.Terceros: hemos agregado métodos de pago populares como Google Pay y Apple Pay para mejorar la comodidad.P2P: tradear directamente con otros usuarios en HTX.Over-the-Counter (OTC): ofrecemos servicios personalizados y tipos de cambio competitivos para los traders.Paso 3: guarda tu Cardano (ADA)Después de comprar tu Cardano (ADA), guárdalo en tu cuenta HTX. Alternativamente, puedes enviarlo a otro lugar mediante transferencia blockchain o utilizarlo para tradear otras criptomonedas.Paso 4: tradear Cardano (ADA)Tradear fácilmente con Cardano (ADA) en HTX's mercado spot. Simplemente accede a tu cuenta, selecciona tu par de trading, ejecuta tus trades y monitorea en tiempo real. Ofrecemos una experiencia fácil de usar tanto para principiantes como para traders experimentados.

1.6k Vistas totalesPublicado en 2024.12.10Actualizado en 2026.06.02

Cómo comprar ADA

Discusiones

Bienvenido a la comunidad de HTX. Aquí puedes mantenerte informado sobre los últimos desarrollos de la plataforma y acceder a análisis profesionales del mercado. A continuación se presentan las opiniones de los usuarios sobre el precio de ADA (ADA).

活动图片