Cardano has been included in CME futures and the Nasdaq index, but ADA has fallen 37% this month to a five-year low
On May 29, CME included Cardano futures in 24/7 trading, and ADA subsequently joined the Nasdaq CME Crypto Index on June 8, alongside BTC, ETH, XRP, and Solana. However, ADA has fallen 37% over the past month to about $0.17, marking its lowest level since 2021. Issues at the ecological level continue to worsen: the analytics platform TapTools, which serves over a million users, has shut down due to the departure of key executives; the 2026 Singapore summit has been canceled because the governance vote did not reach the two-thirds absolute majority threshold of 66.67%, with a support rate of 65.21%; founder Charles Hoskinson warned that more DeFi projects will fail in the second half of 2026.
According to DefiLlama data, the Cardano DeFi ecosystem's TVL has dropped from about $905 million at the end of 2024 to currently less than $140 million, a decrease of 85%. The only node worth paying attention to is the launch of the Ouroboros Leios testnet on June 23, which focuses on speed and throughput, with the mainnet deployment target set for the end of 2026.
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