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Cardano price drops 15.7% as whales sell 110M ADA and daily active addresses fall 41%.

Market News
13 Oct 2026
Crypto news
View Source
Bearish
Cardano price drops 15.7% as whales sell 110M ADA and daily active addresses fall 41%.

Cardano (ADA) has declined 15.7% over the past week, trading near $0.234, driven by large investors selling over 110 million ADA tokens and a 41.36% drop in daily active addresses. Despite this, Cardano set a new five-day transaction record with 1.78 million transactions during Epoch 660. Technical indicators show weakening buying momentum, and analysts warn of potential further price declines toward $0.21 if support levels fail. Additionally, the Cardano Card payment service will discontinue on October 31 due to changes in partner Wirex's infrastructure, with no replacement announced yet.

Cardano (ADA) is trading at Rp4,155 on Pluang as of Oct 13, 2026 19:23 WIB, down 7.44% in the last day. The platform shows a strong buying interest with 71% of orders being buys despite recent selling pressure. Typical ADA holders on Pluang keep their investment for about 127 days, indicating a medium-term holding pattern.

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