Cardano’s position as a key layer-1 network with promising catalysts is a highlight heading into 2026. However, investors are selling off, part of a broader shift away from risk assets. The token has seen a 5% drop in the last 24 hours, ending the year over 60% below its starting point.

Despite some positive developments, Cardano’s technicals are weak, and growth in fundamentals and user base hasn’t met expectations. The network needs consistent growth for token holders to benefit. The future of Cardano in 2026 remains uncertain, with potential for recovery if market conditions improve.

Investors are reassessing portfolios, causing selling pressure on top tokens like Cardano. The network’s recent upgrades and new features haven’t translated into significant price gains. However, Cardano’s underlying catalysts are strong, making it a potential rebound candidate in 2026.

Despite Cardano’s struggles this year, behind-the-scenes catalysts remain robust. The token may bounce back in 2026 if market conditions improve. Investors looking for potential gains could consider Cardano at a 60% discount to last year’s prices.

Read more at Yahoo Finance: Why Cardano Plunged Another 5% Today, To End the Year Down More than 60%