Cardano [ADA]’s price movement had been towards the negative side as the seven-day chart was painted mostly red. After the recent plunge in its price, ADA showed resistance at the $0.4694 mark.
However, the recent developments regarding the much-awaited Vasil hard fork somewhat changed the scenario. The developments helped ADA break its resistance as of 26 August. However, at press time, ADA was trading at $0.437. This was after registering an 8.5% 24-hour decline with a market capitalization of $14,788,618,150.
Source: CoinGecko
Despite Input Output Global recent mentioning all the major updates related to the hard fork, ADA stayed in the red.
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