<ul data-eligibleForWebStory="false"><li>Cardano's ADA price declined by 16% in June despite positive ecosystem developments.</li><li>On-chain activity for Cardano decreased significantly, indicating declining retail engagement.</li><li>Grayscale's proposal for a Cardano ETF is seen as potentially boosting investor sentiment.</li><li>Cardano is currently trading at $0.5590 with support at $0.5235 and resistance at $0.5989 to $0.6533.</li></ul>

Cardano’s Confidence Crisis, Will ADA Price Slip Below $0.52?

Discover more