Cardano Founder Denies ADA Dump Claims Amid 80% Price Drop Concerns

Charles Hoskinson Denies ADA Selling Claims

Cardano founder Charles Hoskinson addressed rumors of him selling his ADA holdings, which some believe contributed to an 80% price decline.
Hoskinson denied these claims, stating he did not sell his ADA assets.
A community member accused Hoskinson of selling at $3 and not repurchasing at lower prices, raising trust concerns.
Hoskinson dismissed the allegations, emphasizing false narratives do not alter facts.

Current ADA Market Challenges

ADA investors express frustration as the cryptocurrency fails to recover its all-time highs from 2021.
The price has recently fallen to approximately $0.35, with a year-to-date decline of over 50%.
Despite strong community support, ADA's performance contrasts with cryptocurrencies like Bitcoin and Ethereum, which reached new all-time highs this year.
ADA's daily trading volume surged by more than 96%, but significant upward momentum remains absent amid bearish market conditions.

ADA Futures Open Interest Decline

Data shows ADA Futures Open Interest dropped from $1.72 billion in October 2025 to $651 million by December 26, marking a 62% decrease in less than three months.
Weakening fundamentals and low market sentiment exert additional pressure on ADA’s price.
Cardano’s Fear & Greed Index is at 37, indicating a fear zone as prices continue to drop.

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