Cardano Price Prediction: Hoskinson Slams Security Framework as ADA Tests $0.26

• Cardano tests critical support at $0.26 as open interest drops 4.89% to $426.67 million amid regulatory uncertainty.
• Volume surges 13.30% to $1.03 billion while long/short ratio at 1.92 shows bullish positioning despite technical weakness.
• Hoskinson opposes HR 3633 bill, warning all new projects would start as securities with no clear path to commodity status.

Cardano price today trades near $0.2601, down 0.95% after testing the $0.25 support zone. The move places buyers at a critical level as founder Charles Hoskinson publicly opposes the Digital Asset Market Clarity Act, creating regulatory uncertainty for the broader crypto market.

Daily Chart Shows Multi-Month Support Test

The daily chart shows Cardano testing the $0.25 to $0.26 support zone (orange shaded area) that has acted as a floor during previous cor…

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