TLDR
- Cardano (ADA) traded near $0.2529, up 30% over the past month.
- Daily transactions hit 43,181 on October 1, a seven-day high, up 29% from the prior day.
- ADA holds above $0.25 support, with $0.26 as the next resistance level.
- Analyst Lana Valentis points to nine years of network growth and sets long-term targets up to $3.10.
- ADA’s historical October performance has been mixed, averaging a -0.65% return.
Cardano’s price held near $0.2529 on October 2, after climbing 30% over the past month. The token stayed above its $0.25 support level during the latest trading session.
Network activity also picked up. On October 1, Cardano processed 43,181 transactions, the second straight daily record this week.
That figure marked a 29% jump from September 30, when the network recorded 33,467 transactions. Together, the two days added up to 76,648 transactions.
⚡️ @Cardano had a big day
43,181 transactions hit the network on October 1, its busiest day in the past 7 days
Cardano was busy putting blocks to work.
📊 https://t.co/y2Ns9dgo35 pic.twitter.com/ozc0L42grb
— Chainspect (@chainspect_app) October 2, 2026
Cardano’s reported daily average for 2026 sits around 25,000 transactions. October 1’s total ran about 73% above that average.
Between September 24 and September 30, the network processed roughly 190,000 transactions in total. Activity during that week climbed steadily, rising 43% from 23,400 to 33,467 transactions.
Technical Levels in Focus
ADA traded at $0.2529 on October 2, up 0.36% on the four-hour chart. The $0.26 level remains the immediate resistance for buyers to clear.
A four-hour close above that resistance could open the door to $0.27 as the next target. A move below support could instead expose $0.24, an area where ADA has found buyers before.
The four-hour Relative Strength Index read 55.01, pointing to a mild bullish lean without being overbought. The MACD line sat at 0.0012, above its signal line of 0.0004, with a positive histogram of 0.0008.
Cardano also passed a nine-year development milestone in September 2026. Market analyst Lana Valentis marked the occasion with a detailed breakdown of the network’s progress.
In a post on X, Valentis wrote that Cardano has logged 123.9 million total transactions, built a base of 2,890 active stake pools, and passed 158 governance actions since launch. She said the token had crossed and closed above a major resistance zone near $0.24 on the weekly chart, calling it a potential breakout.
$ADA 9 Years of Building. The Breakout Is Finally Here 📈
Cardano has crossed and closed above the main s/ zone on the weekly chart.
– 123.9 million transactions.
– 2,890 active stake pools.
– 158 governance actions.The foundation is built. Now the price is starting to… pic.twitter.com/7pu5DrnPSN
— Lana Valentis (@LanaValentis) October 1, 2026
Valentis then laid out a series of upside targets: $0.32, $0.50, $0.80, $1.20, and $3.10. The $3.10 figure matches ADA’s all-time high, set in September 2021.
Long Road Back to Prior Highs
Reaching $3.10 from current levels would require a 1,117% increase. With 36.78 billion ADA in circulation, that price would put Cardano’s market cap near $114 billion.
Valentis did not give a timeframe for the token to reach that level. Her chart shows ADA recovering from a low near $0.14 earlier in 2026, now attempting to climb above a longer-term downtrend line.
At the time of her analysis, ADA was up 4% over 24 hours and roughly 0.9% for the week. Month-to-date, the token had gained about 3.91%.
Cardano founder Charles Hoskinson addressed recent community criticism over ADA’s price performance. He said he holds no official role in driving adoption, noting the network operates in a decentralized manner.
ADA’s October track record is mixed. The token posted gains in 2017, 2019, and 2023, rising 40.4%, 6.63%, and 15.4% respectively.
It posted losses in 2018, 2020, 2021, 2022, 2024, and 2025, with declines ranging from 6.65% to 24.5%. Across all years, ADA’s average October return stands at -0.65%, with a median of -6.95%.
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