Cardano (ADA) has seen its price fall to $0.40, marking its lowest point since November 2024. This decline coincides with a significant drop in active addresses on the network, which decreased by 479,111 this month, bringing the total to 750,964. The reduction in active addresses highlights ongoing challenges for the Cardano network, as stablecoin balances and decentralized exchange (DEX) trading volumes also experience declines. In light of these developments, the CEO of Nansen has forecasted that Cardano could potentially fall out of the top 20 cryptocurrencies by 2026. This prediction underscores the current struggles faced by the network as it navigates a period of reduced activity and market interest.