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Cardano's ADA drops 15.7% in a week amid large-holder balance decline and record network transactions.

Protocol Fundamentals
13 Oct 2026
Tokenpost
View Source
Bearish
Cardano's ADA drops 15.7% in a week amid large-holder balance decline and record network transactions.

Cardano's ADA token fell 15.7% over seven days, trading near $0.234 on Oct. 13, as large holders reduced their combined balances by over 110 million ADA, worth about $25.7 million. Despite the price drop and fewer daily active addresses (down 41.36%), the network saw a record 1,780,896 transactions during Epoch 660, surpassing the previous high from 2021. The increase in transactions partly reflects governance voting activity rather than more unique users or economic demand. Additionally, the Cardano Card service will be discontinued by Oct. 31, 2026, with no replacement announced, though this is unrelated to ADA's price decline.

Following the news of large ADA holders reducing their balances and a record number of transactions, Cardano's ADA token trades at Rp4,180 on Pluang as of Oct 13, 2026 19:32 WIB. The token shows a 6.51% decline in the last day with a market cap of Rp154.03 trillion and a 24-hour trading volume of Rp10.3 trillion. On Pluang, buying interest remains strong with 71% of order activity as buys, and the typical hold time is 127 days.

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