Cardano Falls to $0.41 as Total Value Locked Drops 36% Ahead of Midnight Sidechain Launch

Cardano has dropped to approximately $0.41, making it one of the weakest performers in the recent market downturn. The network's total value locked has fallen 36% to around $186 million. Founder Charles Hoskinson expects activity to pick up following the December launch of the Midnight sidechain.