Cardano founder praises platform for asset issuance
Cardano (ADA)
Editor:
Eugene Serbin
tradersunion.com reports that Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), describes the network as one of the best platforms for complex asset issuance. He highlighted Cardano’s capabilities for creating and managing a diverse range of digital assets. Hoskinson also outlined a vision for automated trading agents to use USDM across multiple blockchains including Ethereum, Solana, Hyperliquid, and Cardano. Additionally, he discussed plans for Midnight to surpass ZCash in privacy features and cross-chain DeFi integration.
How the market reacted
Whalio's own Binance spot order flow for ADA, measured when this story was written up on 29 September 2026. Not the outlet's figures.
ADA is trading at $0.2473 with a 24-hour spot volume of $56,126,027. The 1-hour buy ratio stands at 52.0%, while the 4-hour ratio is higher at 55.3%, compared to a 50.4% ratio over the last day. This indicates that buying pressure is building in the short term relative to the daily average. The 1-hour volume delta is +$45,858, and the 4-hour delta is +$825,643, showing net inflows. Volume delta represents the difference between buy and sell volume, where a positive number means buyers are more aggressive than sellers.
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 50.4%, matching today's 24-hour reading exactly. Volume was 1.05x the average, indicating slightly higher activity than usual. The price changed by +0.9% over eight days, with a total volume delta of +$3,261,068. This represents an ordinary day for the coin, as the buy ratio matches the weekly average. The volume delta for the period confirms sustained net buying over the week.