Cardano proposal cuts fees by 55% but impacts small pools
Cardano (ADA)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that a new Cardano governance action proposes reducing the minimum stake from 170 ADA to 75 ADA. This proposal removes the Plutus memory-limit change that affected stake pool operators in the previous ballot. It also drops one voting requirement that had stopped the earlier action.
How the market reacted
Whalio's own Binance spot order flow for ADA, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio spot data shows ADA trading at $0.2384 with a 1-hour buy ratio of 54.0% and a 4-hour buy ratio of 51.6%, indicating short-term buying pressure. This contrasts with the 24-hour buy ratio of 48.4%, suggesting that immediate buying interest is stronger than the broader daily trend. Volume deltas reflect this short-term strength with positive inflows of $95,994 in the last hour and $157,830 over four hours. However, the 24-hour volume delta is -$1,912,838, showing that net selling has dominated the full day. The CVD closed at -$2,022,304, confirming that sellers outweighed buyers over the longer timeframe.
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, ADA saw a 7-day average buy ratio of 50.6%, while the latest day dropped to 48.4%, a difference of 2.2 points. Trading volume was 1.31 times the average, indicating heightened activity compared to normal days. The price increased by 21.3% over eight days, with a total volume delta of +$1,892,436. This week shows four days of net buying out of seven, contrasting with the single day of net selling seen in the recent 24-hour window. The current session represents an unusual spike in volume relative to the weekly norm.