TL;DR
- Cardano’s ADA token drops out of the top 10 cryptocurrencies after a monthly decline exceeding 30%.
- Bitcoin Cash now holds the tenth position, with ADA ranking eleventh at a ~$10.1B market cap.
- Charles Hoskinson unveils a major update for the AI bot Logan, adding 32 new integrated tools.
ADA from Cardano fell out of the top ten cryptocurrencies following a price decline exceeding 30% over the past month. Bitcoin Cash claimed the tenth position displacing Cardano, which now ranks eleventh with a market capitalization near 10.1 billion dollars.
In the last 24 hours, ADA lost an additional 5% in value, trading around 0.28 dollars. The decline coincides with movements in the altcoin market, where Hyperliquid briefly reached tenth place on February 4 before dropping to twelfth position with a valuation of 8.9 billion dollars.
Bitcoin Cash maintains a capitalization of 10.5 billion dollars, consolidating its position at tenth among the most valuable cryptocurrencies. ADA’s displacement marks a considerable change in the structure of the crypto market during recent weeks.
Logan Receives 32 New Tools for Advanced Functions
Charles Hoskinson, Cardano’s founder, presented a major update for Logan, an artificial intelligence bot connected to the Cardano network. The platform is now called “Logan the Exit Liquidity Lobster” and functions as a real-time information hub.
The 32 new instruments allow Logan to access live data from multiple services within the Cardano ecosystem. The bot can now check prices, estimate swaps, track governance proposals, and monitor network activity without users needing external platforms.
New tools integrate recognized services such as TapTools for token quotes, Cexplorer for blockchain activity, Ada Handle for wallet name lookups, and CSWAP for decentralized exchange pricing. Other additions include token minting capabilities, governance tracking, and integration with a decentralized VPN network.
Each of the 32 instruments completed internal testing successfully, with a total of 127 tests performed without changes breaking existing functionality. Tools load automatically once enabled.
Hoskinson opened the doors for developers to contribute to Logan’s next phase. Builders can submit documentation and integrations so their projects get added directly into the bot’s system, allowing smaller teams to gain visibility within the Cardano ecosystem through open and community-driven collaboration.
