TL;DR:
- The number of daily active addresses on the Cardano network increased to 29,025 over the course of June 2026.
- ADA’s social dominance reached 0.33% of all cryptocurrency-related discussions in the market.
- A security breach in the SecondFi web wallet protocol compromised nearly 129 million ADA tokens, with an estimated value of $20 million.
Cardano faces selling pressure in its main markets as investors assess a high-volatility scenario. The price of ADA hovers around $0.14 after falling 3% in the last 24 hours, reaching trading levels not seen since December 2020.
On-chain activity and social dominance
Records from Santiment show that the number of daily active addresses rose to 29,025 accounts in the recent period. This increase coincides with a spike in social dominance metrics, where the token came to account for 0.33% of all digital asset discussions.
The Santiment report reveals that the increase in social interaction is directly linked to public statements by the network’s founder, Charles Hoskinson. The executive warned about the risk of failures in multiple internal projects within the ecosystem. Internal community disagreements regarding treasury funding also increased trader uncertainty.
Santiment analysts suggest that previous spikes in network activity have preceded moderate rebounds in the asset’s price. Between late March and early April, active addresses climbed to 22,000 accounts alongside a social dominance of 0.40%. A similar behavior was identified in early June, when active addresses reached 32,500 and the presence in online discussions stood at 0.38%.
✍️ TL;DR: Cardano active addresses and discussions spike as price hits lowest level since 2020
📊 Metrics used: Active Addresses, Social Dominance
🔗 Link to chart: https://t.co/mKqwZuqsxV🔥 Cardano has suddenly become one of crypto’s biggest conversation pieces as on-chain… pic.twitter.com/2Sg7l6zANH
— Santiment Intelligence (@SantimentData) June 25, 2026
Technical outlook and market risks
The technical reading of the daily chart shows that the TD Sequential indicator generated a buy signal. Data from the platform suggest that this formation could anticipate a short-term price recovery, although the overall environment maintains bearish conditions.
An additional pressure factor was cemented after a security breach was confirmed in SecondFi’s native wallet generation software. This computer vulnerability facilitated the theft of nearly 129 million ADA, which equates to approximate losses of $20 million in the spot market.
Technical analyst Ali Martinez warned that any immediate price recovery attempt could turn into a bull trap. Martinez’s projections indicate that relief rallies will face technical resistance zones distributed between $0.160 and $0.176. According to the current trend, if the price fails to break above this range, the asset is projected to search for new annual lows.
The protocol’s community is focusing its attention on the upcoming rollout of its technical infrastructure following the formal start of the public testing phases.
