Cardano (ADA) has dropped to about $0.26, a level last seen in October 2023, as bearish momentum continued into 2026. According to CoinGecko data, the token struggled through 2025 and lost further ground this year.
Data shows ADA fell 10.7% over the last week, 24.2% on the 14-day chart, and 32.3% in the past month. The token is down roughly 62.4% since February 2025 and more than 91% from its $3.1 peak in September 2021 (Ed. note: this reflects a sustained long-term decline).
Earlier in February, ADA slipped to roughly $0.24 after Bitcoin (BTC) fell toward $62,000, then recovered when BTC reclaimed about $71,000. On Feb. 10, 2026, BTC faced rejection near $71,000 and dipped below $69,000, raising risks that ADA could follow similar moves.
ADA’s decline began in December 2024 and deepened after an October market crash tied to macroeconomic uncertainty, geopolitical tensions, and a liquidity squeeze. Those factors pushed BTC lower, helping trigger broader crypto losses.
CoinCodex analysts expect ADA to avoid further drops and forecast a rally to $0.425 by April 17, 2026. CoinCodex predicts that move would equal roughly a 60.6% gain from current levels.
