Deep Dive
1. OrangeX Delists ADP (12 November 2025)
Overview: OrangeX announced the delisting of Adappter Token (ADP) along with several other assets. Trading ceased on 12 November 2025, with deposits suspended beforehand and withdrawals allowed until 30 November 2025. This action is part of the exchange's routine maintenance of its trading environment.
What this means: This is bearish for ADP because it reduces the number of active trading venues, directly impacting liquidity and making it harder for holders to buy or sell. Each delisting can erode investor confidence and contribute to price volatility.
(OrangeX)
2. INDODAX Announces ADP Delisting (11 September 2025)
Overview: INDODAX, a leading Indonesian exchange with over 5 million users, announced it would delist LEVER, MULTI, and ADP. Trading and deposits for ADP were halted on 11 September 2025, though withdrawals remained available.
What this means: This is bearish for ADP as it loses a significant on-ramp in a major crypto market. Losing support from a top-tier regional exchange significantly contracts its potential user base and trading volume.
(INDODAX)
Overview: As of 24 March 2026, ADP's price is $0.000586, with a 24-hour trading volume of ~$3.54 million. The token is down 9.23% on the day and 34.57% over the past 60 days. Its market cap stands at ~$2.75 million.
What this means: The recent price action reflects the ongoing impact of reduced exchange support and low liquidity, evidenced by a high turnover ratio of 1.29. Trading occurs in a thin market, which can amplify price swings during broader market stress.
Conclusion
ADP's trajectory is currently defined by contracting exchange support and challenging liquidity conditions. Will the project secure new listings to counter this trend and rebuild market access?