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Cardano sets a 5-year transaction record but faces selling pressure risking $0.24 support level.

Protocol Fundamentals
13 Oct 2026
AMBCrypto
View Source
Bearish
Cardano sets a 5-year transaction record but faces selling pressure risking $0.24 support level.

Cardano recently broke a five-year transaction record with over 1.78 million transactions processed in one epoch and monthly revenue reaching $136.6k, signaling strong network activity. However, despite these positive fundamentals, big holders (whales) sold over 110 million ADA in five days, and daily active addresses dropped by over 41%, indicating declining user engagement. This selling pressure threatens the key $0.24 support level and raises concerns about a potential deeper price correction. Investors remain cautious as it is unclear if the improving fundamentals can translate into sustained price gains.

As of Oct 14, 2026 05:21 WIB, Cardano (ADA) trades at Rp4.242 on Pluang, down 0.96% over the past day. The platform shows a market cap of Rp156.19 trillion and a 24-hour trading volume of Rp9.6 trillion. Despite recent network activity milestones, Pluang data reveals a majority of sell orders at 54% and a typical hold time of 127 days, highlighting cautious investor behavior.

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