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Cardano hits record 1.78M transactions in 5 days, but ADA price falls 5.3% amid low-fee, simple transfers.

Protocol Fundamentals
12 Oct 2026
CryptoTicker
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Neutral
Cardano hits record 1.78M transactions in 5 days, but ADA price falls 5.3% amid low-fee, simple transfers.

Cardano processed a record 1,780,896 transactions between October 6-11, 2026, an 11.3-fold increase from the previous epoch. This spike was driven by many small, simple transactions with low average fees (0.19 ADA), likely linked to a token campaign rather than governance votes, which accounted for only 148 transactions. Despite the surge in activity, ADA's price dropped about 5.3% during the same period, showing no positive correlation between network load and price. The minimum stake pool fee proposal to reduce fees from 170 ADA to 75 ADA failed, so no changes to staking rewards occurred. ADA holders, especially in Germany, should note staking income is taxable and holding ADA on exchanges limits governance participation.

As of Oct 13, 2026 08:02 WIB, ADA on Pluang trades at Rp4.101, down 8.56% in the last day, reflecting a sharper decline than the 5.3% drop noted in the article. The market cap stands at Rp151.84 trillion with a 24-hour trading volume of Rp8.67 trillion. Despite the record transaction surge, Pluang data shows a strong buy interest with 71% of order activity on ADA being purchases, and typical holding time is 127 days.

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