- Cardano (ADA) has declined to $0.26, a price level last seen in October 2023, continuing its bearish trajectory into 2026.
- According to CoinGecko data, ADA is down 10.7% in the last week, 24.2% over two weeks, and over 91% from its all-time high.
- Analysts from CoinCodex forecast a potential rally for ADA, predicting it could reach $0.4250 by mid-April 2026.
Cardano (ADA) has plunged to the $0.26 mark in February 2026, revisiting a price level last traded in October 2023. The 13th-largest cryptocurrency by market cap continues to struggle, having failed to gain momentum throughout the previous year. However, some analysts see a potential for recovery in the coming months.
Data from CoinGecko shows ADA has dipped 10.7% in the past week and 32.3% over the previous month. Consequently, the asset now sits more than 91% below its all-time high of $3.09, achieved in September 2021. The broader crypto sector has faced macroeconomic uncertainties and geopolitical tensions that contributed to a steep correction.
Meanwhile, ADA saw some price relief when Bitcoin briefly reclaimed the $71,000 level earlier this month. However, with Bitcoin facing rejection and falling below $69,000 on February 10, 2026, ADA could follow a similar downward fate. The asset has been on a gradual decline since December 2024.
Despite the current slump, CoinCodex analysts are quite bullish on Cardano (ADA) over the coming months. They predict ADA will not dip further and could rally to $0.4250 by April 17, 2026. This would represent a gain of approximately 60.6% from its current price levels.
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