Cardano Faces $182M Outflow Crisis Despite XRP, Coinbase Integrations – Price at Risk

Despite strategic integrations with XRP and Coinbase, Cardano (ADA) recorded a staggering $182.1 million net outflow in June, signaling persistent bearish sentiment. The altcoin continues its downward trajectory, unaffected by recent developments that initially promised to bolster its value.

Mid-June saw optimism as Cardano announced full integration with the XRP ecosystem to enhance cross-chain liquidity, followed by Coinbase's late-June launch of cbADA – a wrapped ADA token for its Base network. However, CoinGlass data reveals these fundamentals failed to reverse capital flight. June's outflows were most pronounced during these announcement periods, extending a trend since February.

Santiment metrics show ADA's profitability crisis deepening, with only 27% of supply now in profit – down from June's start. Nearly half (46%) of holders face unrealized losses, amplifying downward pressure as sustained outflows erode investor confidence.

Technical analysis presents a mixed picture: A triple-bottom breakout on the daily chart suggests potential upside targeting $0.73, with $1.44 possible if the $0.65 resistance breaks. However, failure to maintain the $0.60 support could retest 2024's $0.31 election-year low.

The market watches macroeconomic risks including:
- Weak U.S. jobs data
- Impending July 8 trade policy shifts
- Trump's reaffirmed tariff threats on Japan and others

Meanwhile, security-focused projects like Best Wallet gain traction, having raised $13.6M for its self-custody solution featuring innovative tools like 'Upcoming Tokens' discovery and Mastercard-linked stablecoin payments.