Cardano Price Crash Likely as Foundation Plans to Sell $500M ADA

Cardano (ADA) price, a proof-of-stake blockchain platform, has seen notable price swings over the past day following a market correction. The altcoin trades have heightened volatility, with cryptos reflecting the recent ups and downs. ADA’s price stabilizes, as reports indicate the Cardano Foundation plans to sell $500 million worth of ADA tokens.