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Cardano's ADA surges 12% on major scalability upgrade teaser by founder Charles Hoskinson.

Protocol Fundamentals
05 Oct 2026, 19:39 WIB
UToday
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Bullish
Cardano's ADA surges 12% on major scalability upgrade teaser by founder Charles Hoskinson.

Cardano's native token ADA jumped 12% to $0.27, marking its strongest rally since May, driven by the launch of a DeFi platform and a teaser from founder Charles Hoskinson about a major scalability upgrade called Linear Leios. This upgrade aims to increase blockchain throughput by up to 65 times and is currently being tested, with full integration expected in late 2026. Despite the price surge, trading volumes on Cardano's decentralized exchanges have not increased proportionally, and the upgrade's delayed implementation may limit the rally's long-term momentum. The next price resistance level is around $0.28.

Cardano's ADA token is trading at Rp4.730 on Pluang as of Oct 05, 2026 23:53 WIB, showing a 6.99% increase in one day. This rise contrasts with its 82% circulating supply out of a total 45 billion ADA, indicating a substantial portion still to be released. The market cap stands at Rp175.14 trillion, supported by a 24-hour trading volume of Rp24.33 trillion, reflecting active investor interest during this rally period.

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