Overview
- ADA trades near $0.26 after recent losses, holding above support around $0.24–$0.25 with resistance near $0.30.
- Derivatives participation has cooled, with open interest around $414 million and recent daily spot volume reported near $799 million.
- Cardano slipped out of the top 10 by market value, narrowly trailing Hyperliquid at roughly $9.6 billion to $9.4 billion.
- Charles Hoskinson outlined a possible funding model that would prioritize treasury-backed investments over primarily issuing grants.
- He suggested investment returns could fund occasional open‑market ADA purchases, a buyback idea still at the proposal stage.