Cardano Price Prediction: ADA Retests Key Demand Zone Amid 87% Crash in CME Futures Volume

Cardano (ADA) has re-entered a demand zone at $0.16 that previously sparked a 27% price gain, but an 87% drop in CME futures volume suggests that institutions are not convinced that the same rally will happen again. The weak institutional demand comes on the back of declining network activity as Cardano's DeFi Total Value Locked