ADA fell below $0.30 on Binance during the market-wide crash.
No altcoins have been spared from the disaster that has unfolded in the cryptocurrency markets over the past fifteen hours, and Cardano’s native token is one of the hardest hit.
According to some analysts, the asset was around $0.85 until last night, with ambitions of a price increase to $1 or even $2. However, the reality was a lot harsher when Binance crashed to below $0.30 in a flash, marking a massive 65% drop in just a few hours. This became the lowest price tag since August 2024.
The price drop was similar on other exchanges. It dropped to $0.30 on Bitfinex and to $0.42 on Kraken, but was less severe for some others. The bears took it to $0.56 on Bitstamp, while it fell to $0.6 on Coinbase, which is close to the current level of $0.65.
Biggest crypto crashes since 2020
1. Corona crash: March 12, 2020 (BTC -54%)
2. 3AC Crash: June 10-13, 2022 (ETH -32%)
3. FTX Collapse: November 8-9, 2022 (ETH -35%)
4. Elon hangover crash: May 19, 2021 (ETH -40%)
5. Crash of Trump Tariffs 2.0: October 10, 2025 (ADA -67%)ADA chosen as… pic.twitter.com/pzN3cqwYZt
— Alex Kruger (@krugermacro) October 11, 2025
ADA’s painful downturn was not an isolated incident as the entire market has plummeted since Friday evening when US President Donald Trump threatened to impose a new set of tariffs on China. This became the largest liquidation event in crypto history, wiping out more than $19 billion.
What is particularly worrying in the case of Cardano is the behavior of its largest investors, known as whales. According to data shared by Ali Martinez, they have started selling their assets, selling 40 million tokens in a week. Such behavior increases selling pressure and could serve as an example for smaller investors.
40 million Cardano $ADA sold by whales in the past week! pic.twitter.com/iQibSHDyXv
— Ali (@ali_charts) October 11, 2025
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