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Chayanika Deka

Cardano OI Falls to $334M; Binance's 2026 Share 22%, Gate.io 31%

ADA slid over 10% in the past week, moving from near $0.30 to $0.23 before consolidating around $0.26. According to Alphractal founder Joao Wedson, ADA open interest fell from $1.6 billion to $334 million, and by 2026 its exchange distribution shifted to Binance at 22% and Gate.io at 31%.