--- title: "Why did Cardano drop 1.3% on October 24, 2026?" language: en canonical: "https://whycoinmoves.com/en/coins/cardano/2026-10-24" date: 2026-10-24 --- # Why did Cardano drop 1.3% on October 24, 2026? On October 24, 2026 (UTC), ADA went from about $0.211 to $0.2082 (-1.28%) on OKX · USDT, trading between $0.2005 and $0.2124. For the closed-hour 24h window: ADA largely moved with the market. ADA fell further than this on 10 of the past 29 days. Cardano moved down and largely followed the wider market, with most other tracked coins moving the same way. The move was smaller than its usual day and trading volume was below usual. No recent report about the coin explains the move, so the cause is unresolved. - Day open / close: $0.211 → $0.2082 (24 hourly candles, OKX · USDT) - Day range: $0.2005 – $0.2124 - Versus Bitcoin: -1.28% / BTC -0.38%; -0.5 pts left after BTC × its hourly beta 2.01 - Versus the past month: 10 of the past 29 days fell further; Closed-hour 24h move -1.28%, 0.5× its prior 30-day median of 2.5%. - 30-day range: 26.2% below the high · 3.8% above the low; From hourly highs and lows on the same venue - Other tracked coins: 13 of 20 moved the same way; 2 moved the other way - 24h volume: 0.5×; of its prior 30-day daily average Computed from OKX · USDT hourly candles for the 24 hours to 25/10/2026, 00:00 UTC. ## Still open - Whether any project statement, filing or exchange notice accompanied the drop, which an official announcement would settle. - Whether on-chain flows show unusual movement in or out of the network, which on-chain data would settle. Prices, market readings and reports are shown side by side; timing alone does not show what caused a move. ## Same-day movers · 2026-10-24 (UTC) - [Irys (IRYS) -47.17%]() - [Quantus (QTC) -13.56%]() - [Sui (SUI) -2.28%]() - [Ondo (ONDO) -2.17%]() - [Zcash (ZEC) +2.13%]() [Cardano (ADA) price and news]() [Methods and limitations]()