Cardano hits five-month high as Bitcoin trades sideways
Cardano (ADA)
Editor:
Eugene Serbin
Digitaltoday.co.kr reports that Cardano (ADA) surged 12 percent to $0.27, marking its highest level in five months. This rally occurred while Bitcoin and Ether moved sideways without major fluctuations. The move began after RealFi, a real-world asset tokenisation platform, went live on the mainnet on Oct. 1.
Expectations grew further with the integration of the USDr stablecoin into Lace, Liqwid, and SundaeSwap. Founder Charles Hoskinson shared a chart showing the price jump from $0.244 to $0.264, adding only "#LeiosIsComing" to the post. This phrase raised expectations for Linear Leios, a scalability upgrade based on the CIP-164 standard.
The technology allows stake pools to validate transactions in parallel using BLS signatures. Cardano has tested this on the Musashi Dojo network since June 2026, showing potential improvements of 10-fold to 65-fold. The Dijkstra hard fork is scheduled for late 2026 to integrate this upgrade. Stake pool operators must manually register keys as system parameters adjust.
How the market reacted
Whalio's own Binance spot order flow for ADA, measured when this story was written up on 6 October 2026. Not the outlet's figures.
Whalio data shows ADA trading at $0.2704 with a 24-hour buy ratio of 50.3%. However, the 1-hour buy ratio is 42.6% and the 4-hour ratio is 45.4%, indicating that short-term buying pressure is fading compared to the daily average. The 1-hour volume delta is -$299,206, while the 4-hour delta is -$1,103,520, showing net selling in the immediate term. The 24-hour volume delta is +$539,293, meaning net buying has occurred over the full day. CVD closed at +$1,210,528, confirming positive cumulative volume over 24 hours. Net buying occurred for 12 of the last 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 50.0%, with the latest day showing a +0.3 point increase. Spot volume was 2.05x the weekly average, indicating an unusual level of activity. Volume delta for the 8-day period was +$425,740, contrasting with the recent negative short-term deltas. Price increased 9.3% over the eight days. This represents a period of net buying for 4 of the 7 days. The current day's volume is significantly higher than the weekly norm.