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Cardano Advances Node 11.2 While ADA Faces Selling Pressure

Cardano's Node 11.2 pre-release progresses toward the Dijkstra hard fork, but ADA struggles under market pressure.

Cardano's Node 11.2 pre-release progresses toward the Dijkstra hard fork, but ADA struggles under market pressure. Cardano (ADA) is trading at $0.1894, up 0.4% since this brief published. This is an original TLT brief based on reporting by TronWeekly, with live market data added, as of Tue, 03 Nov 2026 02:00:05 UTC.

Why it matters

The Node 11.2 release marks a significant technical milestone for Cardano, bringing it closer to the Dijkstra hard fork, which could enhance network capabilities and performance. However, ADA's price performance and declining open interest suggest market uncertainty.

Key takeaways
  • Cardano's Node 11.2 pre-release moves the network toward the Dijkstra hard fork.
  • ADA price tests $0.1878 support level amid bearish market conditions.
  • Forward TVL at $279.5M shows slight decline over past week.
  • Weak technical indicators and declining open interest signal caution among traders.

Cardano's development team has released the pre-release version of Node 11.2, marking a significant step toward the upcoming Dijkstra hard fork. This update aims to enhance the network's capabilities and performance.

Despite the technical progress, ADA is experiencing selling pressure, with its price currently at $0.188567, down 2.43% in the last 24 hours and 8.05% over the past week. The market cap stands at $7.09 billion.

Market data indicates that Cardano's Forward TVL is $279.5 million, showing a slight 0.2% decline over the past week, according to DeFiLlama. This suggests that the network's total value locked is relatively stable but not growing.

The broader crypto market is also facing headwinds, with the total market cap at $2.64 trillion and Bitcoin down 2.16% in the last 24 hours. The Fear & Greed Index remains at 26, indicating a 'Fear' sentiment among investors.

Traders are closely watching ADA's price action around the $0.1878 support level. The combination of technical advancements and market pressure creates a mixed outlook for Cardano's near-term trajectory.

Market reaction since this brief Live

Since this brief published about 3 hours ago, Cardano (ADA) has moved from $0.1886 to $0.1894 — +0.43%.

$0.188$0.189$0.189$0.189$0.189 published · $0.189 now · $0.189 (+0.43%) Nov 2 23:30 UTC Nov 3 02:00 UTC
BeforeSince publishPublished · $0.1886

The chart plots ADA's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in naira

At today's peer-to-peer rate, 1 ADA ≈ ₦261.15 (about $0.1894), down 2.2% over 24 hours. The naira itself trades about 2.5% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#18
$0.1894 ▼ 2.17%
+0.43% since this brief published
7d -8.29%MCap $7.12BFull ADA data →
The market when this published · November 2, 2026
Total market cap$2.64T
Bitcoin 24h-2.16%
Ethereum 24h-1.31%
BTC dominance58.3%
Fear & Greed26 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 3, 2026.

Forward TVL$280.11M-0.7% 7dDeFiLlama ↗
Bitcoin DeFi TVL$4.10BDeFiLlama ↗

TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Cardano Advances Node 11.2 While ADA Faces Selling Pressure — questions & answers

What is the significance of the Node 11.2 pre-release?

The Node 11.2 pre-release is a significant technical milestone that brings Cardano closer to the Dijkstra hard fork, which could enhance network capabilities and performance.

Why is ADA experiencing selling pressure?

ADA is facing selling pressure due to weak technical indicators and declining open interest, suggesting traders are cautious about the near-term outlook.

What is the current state of Cardano's Forward TVL?

Cardano's Forward TVL is $279.5 million, showing a slight 0.2% decline over the past week.

How much is 1 Cardano worth in naira today?

About ₦261.15 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.1894. The naira price moves with both ADA's US-dollar price and the USDT/NGN rate; use our Cardano in naira page for any amount.

Has Cardano's price moved since this brief was published?

ADA is up 0.43% since this brief first published — trading at $0.1894 now versus $0.1886 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original TLT brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.

TLT Newsdesk Data-stamped

TLT's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 3, 2026 ⛓ Timestamped at Bitcoin block #974,320 sha256:4ae2ea94f0fb62ca
Based on reporting by TronWeekly — this is an original TLT summary with live market data, not the original article.TronWeekly · Nov 2 23:30 ↗

Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.