ADA Slides to $0.18 as Nasdaq Chip Sell-Off Drags Crypto, Stakers Hold Firm

Cardano's ADA closed at $0.18, its weakest since mid-August, after a Nasdaq chip sell-off dragged crypto lower. Stakers held firm through the drop, but ADA must now defend the $0.17 floor it set in August to avoid a deeper slide. The token's next test is whether that support holds as chip stocks keep pressuring risk assets.