Cardano completes first daily-chart golden cross in 14 months

  • Cardano’s 50-day moving average crossed above its 200-day average, producing its first daily-chart golden cross in 14 months.
  • The previous daily golden-cross rally took ADA to $0.92 on August 14, 2025, while ADA later fell 4% to $0.239 on October 2.
  • Cardano is advancing Petrobras and Japan enterprise initiatives while the Dijkstra upgrade moves from node 11.1.3 toward versions 11.2 and 11.3.

Cardano has completed a golden cross on its daily chart for the first time in 14 months, with its 50-day moving average crossing above the 200-day moving average. The previous daily golden cross occurred in August 2025 and preceded a rally to $0.92 on August 14, but a November 2025 death cross was followed by months of declining price action. The latest signal comes amid several fundamental developments. Petrobras selected Cardano as a public blockchain to verify sustainability information related to aviation fuel and renewable diesel through two initiatives, while the Cardano Foundation appointed Pacific Meta as an Enterprise Integration Partner in Japan. Cardano recorded 43,181 transactions on October 1, its busiest day of the previous seven days. Separately, node 11.1.3 was released as the Dijkstra upgrade advances toward version 11.2, expected in about 2–3 weeks, and version 11.3, whose release date remains undetermined. Despite the technical signal and broader developments, ADA had earlier fallen 4% to $0.239 on October 2, with weakening momentum, declining open interest and negative funding indicating continued short-term bearish pressure.

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