Cardano Falls Below Key Support as Institutional Investors Pull Back

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Cardano Falls Below Key Support as Institutional Investors Pull Back The network’s native token, ADA, dropped 3% over the past 24 hours as selling pressure mounted and altcoin rotation gained pace. By CD Analytics , Helene Braun | Edited by Sheldon Reback Oct 29, 2025, 3:29 p.m. (CoinDesk Analytics) What to know : Cardano (ADA) broke below the key 64 cent support level on a 67% surge in trading volume, signaling renewed bearish momentum. Institutional investors pulled $300,000 from ADA this week, reversing prior inflows as ETF delays spurred rotation out of altcoins. The token has entered a narrow consolidation range between 64 cents and 65 cents with 64 cents serving as a critical level to watch. Cardano’s native token, ADA, fell sharply Wednesday, dropping over 3% to 64 cents as it broke through a critical support level and confirmed a shift in market sentiment, CoinDesk Analytics data found. The breakdown began Tuesday, when trading volume spiked 67% above its 24-hour average. Nearly 183 million tokens changed hands as ADA slipped below 64.5 cents, triggering sales and setting off a move toward lower support zones. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The move reflected growing uncertainty in altcoin markets as institutional flows turned negative. According to CoinShares, ADA saw $300,000 in outflows this week, following $3.7 million in inflows from the prior week. Analysts point to delays in crypto ETF approvals and broader risk-off behavior as key reasons for the rotation out of altcoins and into more stable assets. Technical indicators now show strong resistance at 65.50 cents, with ADA’s recent lower highs from the 67.19 cent peak reinforcing a bearish trend. Unless buyers reclaim that resistance, analysts say the token could retest the 64 cent level, with further downside possible. The broader crypto market also stumbled. CoinDesk’s CD5 index dropped 2% in the past 24 hours, underlining continued pressure across digital assets heading into the final months of the year. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . Cardano More For You OwlTing: Stablecoin Infrastructure for the Future By CoinDesk Research Oct 16, 2025 Commissioned by OwlTing Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent. View Full Report More For You Michael Saylor's Strategy Drops $18B in Value, but a Rebound May Be Near: 10X Research By Krisztian Sandor | Edited by Stephen Alpher 18 minutes ago The company is expected to report another quarterly profit on Thursday, possibly reviving expectations for S&P 500 inclusion, 10x Research's Markus Thielen argued. What to know : Bitcoin treasury firm Strategy (MSTR) has slumped 40% since July, but a potential rebound nears with upcoming catalysts, 10x Research's Markus Thielen said. Thielen expects the company to report a third quarter $3.6 billion profit from BTC mark-to-market gains, reviving speculation about S&P 500 inclusion. Inclusion in the index could mean $28 billion of buying pressure on the stock, said Thielen. Read full story Latest Crypto News Michael Saylor's Strategy Drops $18B in Value, but a Rebound May Be Near: 10X Research 18 minutes ago BONK Tests Support as Volume Surges 122% in Solana Selloff 47 minutes ago The Protocol: ETH’s Fusaka Upgrade Goes Live on Hoodi, Mainnet Next 1 hour ago Crypto Treasury Activity Still Tepid, but Capital Flows Rebound: B. Riley 1 hour ago Nvidia Hits $5T Market Cap as Bitcoin Now Trails U.S. Equities Year to Date 2 hours ago William Blair Analysts Sees Upside in Western Union’s Solana-Based Stablecoin Launch 2 hours ago Top Stories Michael Saylor's Strategy Drops $18B in Value, but a Rebound May Be Near: 10X Research 18 minutes ago Nvidia Hits $5T Market Cap as Bitcoin Now Trails U.S. Equities Year to Date 2 hours ago Georgia's ‘Shadow Ruler’ Is Trying to Claw Back a Bitcoin Fortune Worth $1B 2 hours ago Stablecoin Inflows Rise Before Fed Rate Decision: Crypto Daybook Americas 4 hours ago DBS, Goldman Sachs Execute First Over-the-Counter Interbank Crypto Options Trade 7 hours ago Bitcoin, Ether Brace for $17B Options Expiry Amid Fed Meeting, Tech Company Earnings 5 hours ago