Cardano (ADA) Completes First Daily Golden Cross of 2026 After 14-Month Wait
Cardano's daily chart has formed a golden cross, marking the first such signal in 14 months since August 2025. This occurs as the MA 50 crosses above the MA 200. The previous golden cross in August 2025 saw ADA rally to $0.92, though it couldn't sustain momentum, followed by a death cross in November 2025. This week, Cardano also announced its selection as a public blockchain for Petrobras's sustainability initiatives and a partnership with Pacific Meta to expand its enterprise presence in Japan. On October 1, the network recorded 43,181 transactions, its busiest day in the past seven days. Cardano node 11.1.3 was released, and the 11.2 full release, including most of the Dijkstra scope, is expected in 2-3 weeks, with the public testnet "DijkstraNet" launching alongside it.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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