Cardano Faces 1303% Long Liquidation Imbalance Amid Market Downtrend

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Cardano (ADA) is under pressure in the latest weekly market report, with 93% of $1.24 million in 24-hour liquidations hitting leveraged longs. Price fell to $0.38, down 1.91% in 24 hours and 18% weekly. Long-to-short liquidation imbalance hit 1,303%. The 2026 roadmap includes a $70 million treasury plan for stablecoins, custody, and cross-chain bridges. ADA remains on many altcoins to watch lists amid the sell-off.
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