Cardano ADA Leads the gains in a narrow-range volatile market
2026-10-05 18:38:21
CoinMeta data: The ADA token of Cardano has performed positively in the current narrow-range volatile market, rising by 10% in the past 24 hours. The price has increased by 4% since midnight UTC, and the current trading price exceeds 27 cents, reaching the highest level since May. Meanwhile, market leaders Bitcoin BTC and Ethereum ETH have risen by 1% and 0.5% respectively. Bitcoin remains locked within the price range of $84,000 to $87,000. The reasons for the strong performance of ADA are not yet clear, but it may be related to the “RealFi” product announced on October 1st, which allows users to transfer stablecoins into institutional credit with an annual yield of up to 9%. In addition, the next major expansion and optimization phase of the network, the Dijkstra era, may also attract funds and is expected to be launched at the end of 2026 to the beginning of 2027.
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Source:CoinDesk
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