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Cardano's network activity rises despite ADA price dropping 13% after new token standard launch.

Protocol Fundamentals
10 Oct 2026
Tokenpost
View Source
Neutral
Cardano's network activity rises despite ADA price dropping 13% after new token standard launch.

Cardano's daily active addresses increased to about 27,500 following the launch of CIP-0113, a new token standard enabling programmable Cardano-native tokens with compliance features. This rise in network participation occurred even as ADA's price fell roughly 13% from October 6 to 8. The increase in activity highlights a divergence between on-chain engagement and market performance. Analyst projections suggest potential price recovery if resistance levels are overcome, but the recent activity spike does not directly link to price changes.

As of Oct 10, 2026 15:21 WIB, ADA on Pluang trades at Rp4.569 with a 1-day gain of 6.48%, contrasting the recent price slide noted in the article. The token's market cap stands at Rp166,37T, and trading volume over the past 24 hours is Rp10,15T. Despite the reported price drop from October 6 to 8, Pluang data shows a positive price movement and a strong buy interest at 78%, highlighting ongoing investor engagement with ADA.

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