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Cardano jumps 10.8% amid treasury vote with only 2.14% approval so far, vote ends Oct 11

Protocol Fundamentals
18 Sep 2026
CryptoTicker
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Bullish
Cardano jumps 10.8% amid treasury vote with only 2.14% approval so far, vote ends Oct 11

Cardano's price rose 10.8% to $0.2245 on September 18, 2026, coinciding with a broad market rally. The increase is partly linked to an ongoing treasury vote proposing to withdraw nearly 11.8 million ADA for development work by OpenZeppelin, but the proposal currently has only 2.14% approval from elected representatives, far below the required 67%. The vote runs until October 11, 2026, and ADA holders' votes are counted automatically unless changed. If approved, most funds would convert to a US dollar stablecoin immediately, but the current low approval suggests the proposal may not pass. Investors should separate the price move from the governance vote and check their delegation settings to understand their voting impact.

Cardano's ADA is trading at Rp4,138 on Pluang as of September 19, 2026, 10:41 WIB, showing an 8.52% gain in the last day. The market remains active with a 24-hour volume of Rp13.46 trillion and a market cap of Rp151.53 trillion. Buyer interest is strong, with 74% of order activity on Pluang being buys, while typical holders keep ADA for about 126 days.

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