Cardano (ADA) price holds above $0.21 as enthusiasm for trading on its decentralized exchanges fades. Daily trading volume on Cardano DEX reached approximately $56 million on August 22, before dropping 98% to around $1 million. Open interest on ADA futures decreased from $582.14 million to $485.32 million over the same period. ADA currently trades at $0.2158, up 1.61%, but remains far from its recent peak of $0.258. Key support lies between $0.208 and $0.20; breaking below $0.20 could shift attention back to the $0.17 area.
Source: Read the original article
