Cardano Plummets 5.25% in One Hour to $0.2525

Cardano (ADA) experienced a sharp decline on October 6, 2026, dropping 5.25% within a single hour to reach a price of $0.2525 at 10:03 p.m. ET. The cryptocurrency fell from a high of $0.2665 during that hour and saw a 5.54% decrease over the previous 24-hour period.

The price movement was observed on Binance’s ADA/USDT spot market. Long liquidations across Binance, Bybit, and OKX reached $1.7 million during the same hour, significantly higher than the $10,000 in short liquidations. Cardano’s market capitalization stood at approximately $9.89475 billion, placing it 17th in the rankings.