Cardano’s Recovery Stalls, but TVL Growth Signals Could Spark Year-End Upside
November 26, 2025 · 8:00 PM

Cardano (ADA) is currently facing a challenging market, with its price around $0.41, down 70% from its December 2024 peak. Despite criticism regarding declining network usage and liquidity, optimism is rising ahead of the December launch of Midnight, a privacy-focused sidechain. The total value locked in Cardano has dropped significantly, and concerns about its activity have resurfaced. However, founder Charles Hoskinson believes the upcoming launch will revitalize the ecosystem.
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