XRP, Cardano Plunge 10%: What Is Going On With Altcoins?
The cryptocurrency market’s 7% decline has triggered a deeper slide for altcoins, with XRP (CRYPTO: XRP) and Cardano (CRYPTO: ADA) seeing steep double-digit losses.
Despite promising developments—including a potential ADA ETF and a major XRP Ledger upgrade—sentiment remains weak.
What Happened: Cardano co-founder Charles Hoskinson took to X, venting frustration over the market’s seemingly irrational sell-off. He noted that macro conditions, liquidity, and narratives all favor a bull run, yet investors are panic selling instead.
Hoskinson likened the market’s behavior to an “impatient child throwing a fit right before getting exactly what it wants” and added, “Crypto never ceases to amaze.”
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
| XRP (CRYPTO: XRP) | $2.20 | $127.8 billion | -9.8% | -12.2% |
| Cardano (CRYPTO: ADA) | $0.6598 | $23.2 billion | -9.1% | -11% |
Trader Notes: Crypto chart analyst Ali Martinez noted that Cardano is breaking below …
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