Cardano Founder Tells UN Crypto Is Entering A New Era Of Exponential Growth
Cardano (ADA)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Cardano founder Charles Hoskinson delivered a speech at the United Nations declaring that crypto is entering a new era of exponential growth. He also criticized the EU’s Digital Euro, stating he does not trust Europeans with it because of the risk of “asset and transaction discrimination.” Hoskinson challenged officials to write a ban on such practices into law if they are not planning it.
How the market reacted
Whalio's own Binance spot order flow for ADA, measured when this story was written up on 4 October 2026. Not the outlet's figures.
ADA is trading at $0.2438 with a 1-hour buy ratio of 52.4% and a 4-hour buy ratio of 55.4%, both indicating stronger buying pressure than the 24-hour buy ratio of 49.8%. The 1-hour volume delta is positive at +$61,404, while the 4-hour delta is significantly higher at +$1,367,977, contrasting with a negative 24-hour delta of -$58,472. A buy ratio above 50% means buyers are more aggressive than sellers, while a positive volume delta shows that buy volume exceeds sell volume over that period. This suggests that recent trading activity is shifting toward accumulation, reversing the slight outflow seen over the full day. The 24-hour spot volume stands at $17,370,963 across 73,344 trades.
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 7-day average buy ratio was 50.0%, making today’s 24-hour ratio of 49.8% nearly identical to the weekly norm. However, the 24-hour volume of $17,370,963 is only 0.40x the weekly average, indicating a notably quieter trading day. The coin experienced net buying on 4 of the last 7 days, with a total 8-day volume delta of -$486,866. Price has declined by 4.0% over the past 8 days. This represents an ordinary day for the buy ratio but an unusually low volume day compared to the weekly average.