The post Cardano Big Threat Averted, ADA Price Eyes Rebound appeared on BitcoinEthereumNews.com.

Cardano (ADA) faced a major reputational threat in the last 24 hours as its price experienced sharp fluctuations. Notably, ADA’s value dipped from an intraday peak of $0.3617 to a low of $0.3499 in a move that extended its weekly loss by 15.36%. Cardano narrowly defends top 10 market cap ranking CoinMarketCap data reveals that Cardano, currently ranked 10th by market capitalization, was on the verge of losing the top 10 spot to Bitcoin Cash (BCH). Cardano’s market capitalization stands at $12.86 billion, while Bitcoin Cash is closing in with its $11.82 billion. The recent price fluctuation which ADA displayed on the market could have triggered a massive dip for Cardano. For instance, if ADA’s price had breached the $0.31 support level, its total market cap would have crashed to $11.17 billion. The $1.69 billion drop in its market cap would have been enough for Bitcoin Cash to edge out Cardano from the elite top 10 crypto assets. Cardano crashed out of the elite league in 2024 and only rejoined in September of that year. Its lingering volatility raised concerns about its position in 2025 as investors’ interests declined. As of press time, Cardano exchanges hands at $0.3578, which represents a 0.49% decline in the last 24 hours. Its trading volume is marginally in the green zone by 0.02% at $633.54 million. The constant sell-off by traders engaged in profit-taking has hindered the coin’s sustained growth. However, Cardano’s Relative Strength Index (RSI) at 37.9 suggests that the coin is not oversold yet. Although the momentum is currently weak, it still could face further decline in price. For now, the threat has been averted, and its reputation as a top 10 asset remains intact. You Might Also Like To maintain its status, Cardano’s price needs to rebound and reclaim the $0.39 to $0.42…

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Filed under: News - @ January 21, 2026 12:29 pm