{"id":8096,"date":"2025-11-03T19:13:03","date_gmt":"2025-11-03T19:13:03","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/cardano-ada-price-drops-5-amid-trader-shorts-hoskinson-blames-community-for-defi-struggles\/"},"modified":"2025-11-03T19:13:03","modified_gmt":"2025-11-03T19:13:03","slug":"cardano-ada-price-drops-5-amid-trader-shorts-hoskinson-blames-community-for-defi-struggles","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/cardano-ada-price-drops-5-amid-trader-shorts-hoskinson-blames-community-for-defi-struggles\/","title":{"rendered":"Cardano (ADA) Price Drops 5% Amid Trader Shorts, Hoskinson Blames Community for DeFi Struggles"},"content":{"rendered":"

Cardano (ADA) continued its downward slide on Monday, falling over 5% to trade around $0.57, extending last week\u2019s 10% decline.<\/p>\n

Related Reading: XRP\u2019s Next Earthquake: Billions Set To Flow In, \u2018Supply Shock\u2019 Coming\u2014Analyst<\/p>\n

Market data from CoinGlass<\/a> shows trader sentiment turning increasingly bearish, with ADA\u2019s long-to-short ratio at 0.75, the lowest this month. The metric indicates that more traders are betting on further declines.<\/p>\n

On-chain data mirrors this negative outlook. According to Santiment, daily active addresses on the Cardano network dropped from 32,115 in mid-October to 24,280 on November 3, signaling reduced demand and declining engagement.<\/p>\n

Technical indicators also reflect weakness. ADA\u2019s RSI sits at 32, deep in bearish territory, while the MACD histogram shows fading bullish momentum. Analysts warn that a sustained move below $0.55 could open the door to deeper corrections toward the $0.49 support zone.<\/p>\n

\"ADA<\/p>\n

Hoskinson: \u201cIt\u2019s Not a Technology Problem, It\u2019s a Coordination Problem\u201d<\/strong><\/h2>\n

As prices decline, Cardano<\/a> founder Charles Hoskinson has reignited debate over the network\u2019s DeFi performance.<\/p>\n

In his latest podcast, Hoskinson criticized the ADA community for its limited participation in decentralized finance platforms, asserting that Cardano\u2019s total value locked (TVL) could easily reach $5\u201310 billion if users embraced native DeFi protocols.<\/p>\n

He stated, \u201cIt\u2019s not a technology problem. It\u2019s a problem of governance, coordination, and accountability.\u201d Despite over 1.3 million ADA holders staking on the network, few engage with DeFi apps, leading to stagnation.<\/p>\n

Current TVL stands at $271 million, far behind Ethereum\u2019s $85 billion and Solana\u2019s $11 billion. Hoskinson argued that without community adoption, attracting users from other ecosystems would remain difficult.<\/p>\n

Cardano (ADA) DeFi Integration and Institutional Accumulation Offer Hope<\/strong><\/h2>\n

Despite its sluggish DeFi performance, Cardano remains one of the most active blockchains by development activity, outperforming Ethereum and Solana in late October, per Santiment data.<\/p>\n

Projects like Midnight<\/a> and RealFi<\/a> aim to link Cardano with Bitcoin liquidity and real-world lending markets, potentially unlocking billions in capital inflows.<\/p>\n

Related Reading: Dogecoin Must Defend This Level To Avoid A $0.07 Meltdown, On-Chain Data Shows<\/p>\n

Meanwhile, large investors appear to be quietly accumulating. Recent data shows over 37.5 million ADA moved from Coinbase to private wallets, a sign of long-term confidence. Combined with steady token outflows from exchanges, this accumulation phase could lay the groundwork for a future recovery.<\/p>\n

As Hoskinson puts it, \u201cWe can pretty much do anything, the question is, can we do it together?\u201d<\/p>\n

Cover image from ChatGPT, ADAUSD chart from Tradingview<\/p>\n","protected":false},"excerpt":{"rendered":"

Cardano (ADA) continued its downward slide on Monday, falling over 5% to trade around $0.57, extending last week\u2019s 10% decline. Related Reading: XRP\u2019s Next Earthquake: Billions Set To Flow In, \u2018Supply Shock\u2019 Coming\u2014Analyst Market data from CoinGlass shows trader sentiment turning increasingly bearish, with ADA\u2019s long-to-short ratio at 0.75, the lowest this month. The metric…<\/p>\n","protected":false},"author":1,"featured_media":8097,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[50,73,52,54],"class_list":["post-8096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-ada-price","tag-adausd","tag-cardano"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=8096"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/8096\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/8097"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=8096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=8096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=8096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}