Merry Christmas

fire

Cardano

TOLY’S DOG

<p>Cardano delivered a less-than-festive gift to investors this Christmas, with price action painting a grim picture as the token remains deep in the red.</p>
<div id="cn-block-summary-block_487f9ae3243b9b66d3def78f3e9d06e5" class="cn-block-summary">
 <div class="cn-block-summary__nav tabs">
  <span>Summary</span>
 </div>
 <div class="cn-block-summary__content">
  <ul>
   <li>Charles Hoskinson is pushing back against claims that he abandoned the ADA token, which is down 58% year-to-date.</li>
   <li>The technical picture remains bearish as ADA is trapped in a downtrend, struggling to reclaim $0.36.</li>
   <li>So far, December losses are about 15%, and Coinglass data shows a year-long pattern of capital exiting ADA.</li>
  </ul>
 </div>
</div>
<p>Founder Charles Hoskinson found himself fending off accusations on X after wishing followers a Merry Christmas on Dec. 25. In his post, Hoskinson described 2025 as a “long, hard year,” urged the community not to let the “fire go out,” and promised that “next year will be better”—a message that landed awkwardly with <a href="https://crypto.news/price/cardano/" rel="noopener noreferrer nofollow">ADA</a> down 58% year-to-date.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet">
   <p>It’s been a long, hard year—but don’t let the fire go out. There’s a lot to look forward to in 2026. Merry Christmas, and much love to all our friends and family. Next year will be better. <a rel="noopener noreferrer nofollow" href="https://t.co/LAbJVkjAgs">pic.twitter.com/LAbJVkjAgs</a></p>— Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/2004062716525486583?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">December 25, 2025</a>
  </blockquote>
 </div>
</figure>
<p>It didn’t take long for the holiday cheer to evaporate. One X user accused Hoskinson of selling ADA near the $3 peak and now refusing to buy back at current levels around $0.30–$0.36. The critic questioned how investors could maintain faith in the project if its founder won’t step in at depressed prices.</p>
<p>Hoskinson responded swiftly, flatly denying that he ever sold ADA at $3. Repeating the claim, he said, doesn’t make it true. He brushed off the accusations as misinformation amplified by bots, dismissing the narrative entirely.</p>
<h2 class="wp-block-heading" id="strong-technical-analysis-strong"><strong>Technical analysis</strong></h2>
<p>The timing of the spat is notable. ADA has shed 58% so far this year, including a 15% drop in December alone. Technically, the chart hasn’t been kind. See below.</p>
<figure class="wp-block-image size-large">
 <img loading="lazy" width="1024" height="747" src="https://media.crypto.news/2025/12/chart233.webp" alt="Cardano’s Christmas chart looks more like coal than candy - 9">
 <figcaption>
  Source: <a href="https://www.coingecko.com/en/coins/cardano" target="_blank" rel="noopener noreferrer nofollow">CoinGecko</a>
 </figcaption>
</figure>
<p>Bulls are attempting to hold the line, but follow-through has been weak, with ADA failing to reclaim $0.36 on rallies.</p>
<p>The critical zone to watch remains $0.3380–$0.34. A breakdown there could open the door to accelerated selling toward $0.30–$0.32, where historical support is thin. On the upside, resistance waits at $0.3750–$0.38, followed by heavier supply around $0.40–$0.41.</p>
<h2 class="wp-block-heading" id="cardano-reinforces-year-long-trend-of-steady-selling-pressure">Cardano reinforces year-long trend of steady selling pressure</h2>
<p>According to <a href="https://defillama.com/chain/cardano?appFees=false&amp;stablecoinsMcap=true&amp;groupBy=weekly&amp;appRevenue=false" target="_blank" rel="noopener noreferrer nofollow">data</a> from DefiLlama, the total value locked across all DeFi protocols built on the blockchain dropped to $215.5 million from its August high of $544 million. Declining TVL hints at lower user participation and could point to investors losing confidence in the network’s growth potential.</p>
<p>The total market cap of stablecoins on the blockchain has also dropped, from a November high of $40.48 million to $37.68 million at press time.</p>
<p>Leveraged traders have also seemed to have lost interest in the token. <a href="https://www.coinglass.com/currencies/ADA/futures" target="_blank" rel="noopener noreferrer nofollow">Data</a> from CoinGlass shows that ADA Futures open interest has dropped from $1.72 billion observed in October to $651 million when writing.</p>
<p>Together, these deteriorating metrics have kept investors cautious and sentiment fragile, which has <a href="https://crypto.news/cardano-price-sinks-yearly-bearish-pressure-persists/" target="_blank" rel="noopener noreferrer nofollow">weighed heavily on price performance</a>.</p>
<p>Read more: <a href="https://crypto.news/russias-sberbank-eyes-crypto-backed-loans-says-regulatory-support-will-be-key/" rel="noopener noreferrer nofollow"> Russia’s Sberbank eyes crypto-backed loans, says regulatory support will be key </a></p>

Cardano’s Christmas chart looks more like coal than candy

Table of Contents

crypto.news

Other articles published on Dec 26, 2025

Join our free newsletter for daily crypto updates!