币界网报道：Cardano (ADA) dropped 6.45% to $0.5478 amid broader market declines driven by Middle East geopolitical tensions, with a sharp 3.2% hourly plunge on 126M volume. Despite the downturn, long-term interest remains strong, with $1B in ADA withdrawn from exchanges in 2024 and 310M tokens accumulated by large holders in June. A new enterprise initiative launched this week involves Iagon, Cloud Court, and Ford Motor Company, testing Cardano's blockchain with decentralized storage for legal data management. The hybrid architecture aims to solve issues like fragmented records and auditability, showcasing Cardano's growing enterprise potential in sectors like healthcare and finance. Technical analysis shows ADA forming a bearish channel with resistance at $0.569 and support at $0.545, though temporary bullish movements were noted with volume peaking at 2.3M ADA during a brief recovery attempt.