Bitrue highlights Cardano ties as XRP dominates reserves
Cardano (ADA)
Editor:
Eugene Serbin
Digitaltoday.co.kr reports that Bitrue marked its eighth anniversary by emphasizing its long-standing relationship with Cardano (ADA). The exchange stated it has supported the Cardano ecosystem since its launch in 2018, when it listed ADA as a tradable asset. Bitrue claimed to be the first cryptocurrency exchange to list Cardano native tokens (CNT) and introduced ADA as a base currency for trading other digital assets.
The company also noted its participation in the Cardano Summit and its development of a Go library for Cardano integration. Additionally, Bitrue highlighted its support for grassroots initiatives to strengthen decentralization within the ecosystem. Despite these efforts, ADA’s trading volume on the platform was $977,221 against a total of $446.82 million.
In terms of reserves, ADA accounted for only $2.98 million, or 1.67 percent of the total. By contrast, XRP made up 88.55 percent of Bitrue's digital asset reserves. Bitrue reorganized its history to present a unified narrative of listing, infrastructure, and technical support alongside its XRP-centric identity. The exchange expressed its intent to continue building the ecosystem together with Cardano.
How the market reacted
Whalio's own Binance spot order flow for ADA, measured when this story was written up on 18 September 2026. Not the outlet's figures.
Whalio's Binance spot data for ADA shows a buy ratio of 55.2% over the last hour, indicating stronger immediate buying pressure compared to the 52.9% ratio over four hours and 51.3% over 24 hours. This suggests that buying momentum is currently building rather than fading. The volume delta reflects this trend, with +$123,992 in the last hour and +$373,916 over four hours, compared to +$615,585 over 24 hours. A positive volume delta means that buy volume exceeds sell volume, pushing the price up. The cumulative volume delta (CVD) closed at +$2,131,555, confirming net buying activity over the day. Spot volume reached $23,220,138 with 98,429 trades in 24 hours.
The latest daily buy ratio of 45.6% sits at the 5th percentile of the last 322 days, against a median of 49.2% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for ADA, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 48.6%, making today's 24-hour ratio of 51.3% an unusual day with +2.8 points higher buying pressure. Volume was 0.83x the average, indicating lower-than-normal trading activity. While today saw net buying, the 8-day volume delta total was -$6,591,513, showing that net selling dominated the broader period. Only one day out of seven recorded net buying during that week. The price change over eight days was -1.0%, reflecting a slight decline despite today's positive flow.