ADA Token Sees 5.44% Drop as $5M Futures Inflow Spurs Volatility Amid Institutional Moves

Cardano (ADAUSDT) has experienced a 5.44% price decrease over the past 24 hours, opening at 0.4119 and currently trading at 0.3895 on Binance. This decline is attributed to a significant spike in futures flow, with derivatives net inflows surpassing $5 million and indicating heightened volatility, alongside price consolidation after a recent advance from the $0.38–$0.39 zone. Market sentiment remains neutral, with a balanced long/short ratio and ADA trading below key moving averages, contributing to cautious investor positioning. Active trading persists, supported by a 24-hour volume exceeding $448 million and ongoing institutional developments such as DZ Bank's MiCAR license for regulated ADA trading and the launch of new trading features, while technical and governance updates may influence future market dynamics.