Cardano price struggles near $0.26 as open interest sinks to $414 million

As of March 12, 2026, Cardano's ADA traded close to $0.26 after retreating from key resistance, while open interest in its futures market fell to about $414 million. The token has dropped more than 20% year to date and around 70% over the past six months, with a failure to recover potentially opening the way to revisiting the $0.22 area.