Cardano’s Bearish Sentiment & Capital Outflows Threaten Price Stability

Cardano (ADA) faces a bearish sentiment as investors withdraw capital and price fluctuations persist. Despite this trend, Cardano’s leadership remains optimistic about the protocol’s long-term potential. While some see a shift towards neutral sentiment in the coming weeks, key indicators point to further price dips without strong market catalysts. These factors are driving continued outflows from ADA, impacting its liquidity and stability. [source: coinwy.com] , The on-chain data indicates substantial capital outflow from Cardano. TVL is declining while DeFi protocols face diminishing liquidity. This dynamic contributes to the bearish sentiment in the crypto market.