ADA traded at $0.2158, up 1.61% during the session, and remained above $0.20 after retreating from a recent peak near $0.258. Cardano-based decentralized exchange (DEX) volume reached about $56 million on August 22 before staying between $16 million and $32 million for several days, then dropping to roughly $1 million—a decline of about 98%. The move represents a return toward the network's usual activity range, as daily DEX volume generally remained below $5 million from April through the first half of August. Futures open interest fell from $582.14 million on August 22 to around $485.32 million, suggesting some traders reduced their ADA positions after the rally. ADA rose from about $0.175 to briefly reach $0.258 before returning to the $0.21 area. The $0.208-to-$0.20 zone is the first key support test: holding it could leave room for a move toward $0.228, while a break below $0.20 could shift attention back to around $0.17. ADA is currently holding up better than Cardano's decentralized trading activity, though the trend may depend on buyers returning after the initial rally excitement fades.