Cardano Outpaces Bitcoin, Ethereum in Decentralization Metrics, ADA Stuck Below $0.65

Cardano (ADA) has surpassed Bitcoin (BTC) and Ethereum (ETH) in decentralization metrics, according to the Edinburgh Decentralization Index. The index ranks Cardano near the top of its global ranking, just behind Polkadot (DOT) and Moonbeam, reinforcing ADA's reputation as an institutional-ready platform. Despite this, ADA's price remains stuck below 65 cents, with technical analysis suggesting a key accumulation zone at $0.60-$0.58. A sustained close below $0.60 could expose ADA to a deeper pullback, while a rebound from current levels could mark the start of a new accumulation phase.