📉 Cardano's Decline Continues: Cardano (ADA) is likely to keep falling as active address numbers drop, signaling reduced user activity and interest.

🐋 Whale Activity Decreases: Large transactions involving ADA have decreased, indicating a reduction in whale activity. This decline suggests weakening market sentiment.

⚠️ Falling User Engagement: Data shows a 36% drop in daily active addresses and a 46% decrease in new addresses trading ADA. This decline in user engagement hints at decreasing demand for the altcoin.

📊 Bearish Indicators: ADA's price-daily active address (DAA) divergence is negative, showing a 30.89% decline. This indicates reduced interest and low network activity, reinforcing the bearish outlook.

💸 Whales Reducing Exposure: Over the past month, ADA whales have increased coin distribution, leading to a 244% decline in large holders’ netflow. This selling activity may prompt further price drops.

🔮 Price Outlook: If demand continues to weaken, ADA could drop to $0.27, an 18% decrease from its current price of $0.33. However, if demand rebounds, ADA might climb back to $0.40.