Cardano price slips under $0.27 as ADA whales sell and Hoskinson attacks CLARITY Act
Cardano's ADA token is trading near $0.2646 after breaking below the $0.27 level, with on-chain data showing mid-sized and large holders reducing positions. Charles Hoskinson has sharply criticised the proposed CLARITY Act, arguing it would default most digital assets to securities status and harm US crypto innovation. Traders are watching resistance around $0.29–$0.30 and key support near $0.28, with downside levels seen at $0.25 and below if selling persists.