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Cardano (ADA) drops 1.03% amid Dijkstra hard fork timeline announcement and whale sell-off.

Protocol Fundamentals
18 Aug 2026
Blockonomi
View Source
Bearish
pluang ai news

Cardano (ADA) fell 1.03% to $0.175 following the announcement of its phased Dijkstra hard fork upgrade plan, scheduled from late 2026 to mid-2027. The upgrades aim to enhance transaction speeds and protocol features but require decentralized governance approval and extensive testing. Meanwhile, large ADA holders have sold 200 million tokens since mid-August, adding downward pressure. Market indicators show bearish sentiment with increased futures trading but declining open interest, suggesting cautious investor outlook ahead of key resistance at $0.18.

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