Despite Cardano's ADA token falling over 90% from its 2021 peak, analyst John Nakamoto highlights strong on-chain activity suggesting the blockchain is not "dead." While ADA's market value far exceeds its current DeFi activity and liquidity, new developments like USDCx stablecoin integration, scalability upgrades with Leios, and programmable tokens via CIP-113 could drive adoption. Additionally, privacy-focused projects like Midnight may further boost Cardano's ecosystem growth. The key challenge remains converting Cardano's technology and valuation into real-world usage and deeper network engagement.
As of Oct 08, 2026 17:21 WIB, Cardano's ADA token trades at Rp4.547 on Pluang, showing a slight 0.04% decline in the past day. The market cap stands at Rp166,78 trillion with a 24-hour trading volume of Rp9,44 trillion. Notably, 63% of Pluang users are selling ADA while 37% are buying, and typical holders keep their ADA for about 126 days.
Cardano's ADA traded near $0.25 on October 8, dropping about 1.79% over 24 hours as large-holder balances fell by roughly 90 million ADA since late September. Futures open interest also declined by 9% in the past week, indicating reduced leveraged ex...
Cardano (ADA) recently fell 10.68% after a post-quantitative-tightening pullback, trading between its 20-week and 50-week moving averages. Analyst Dan Gambardello notes this pattern resembles early 2020 before the COVID-19 crash but cautions the curr...
Ripple (XRP), Cardano (ADA), and Solana (SOL) experienced short-term selling pressure as recent gains retraced and momentum indicators weakened. XRP hovered near $1.40, close to its 50-day and 200-day moving averages, with a potential drop to $1.2468...
Chainlink (LINK), Cardano (ADA), and Solana (SOL) are showing signs of further declines following a broad cryptocurrency market pullback. LINK is breaking below a key technical pattern and may drop to $12.39 or $11.98 if it fails to reclaim $13.56 re...
Cardano's ADA price surged about 10% from October 3 to October 5, accompanied by a 42% market cap increase since mid-September. This rally is fueled by a significant rise in large transactions worth over $100,000, marking the highest whale activity s...
