TLDRCardano (ADA) maintained trading levels around $0.2529, marking a 30% gain across the previous 30 days.Network activity reached 43,181 daily transactions on October 1, representing a weekly peak and 29% increase from the previous day.The token continues holding above its $0.25 support zone, with resistance positioned at $0.26.Market analyst Lana Valentis highlights nine years of ecosystem expansion and projects long-term price objectives reaching $3.10.Historical October returns for ADA show mixed results, with an average decline of -0.65%.Cardano’s valuation remained stable near $0.2529 on October 2, following a sustained 30% appreciation throughout the preceding month. The cryptocurrency maintained its position above the critical $0.25 support threshold during recent market hours.Cardano (ADA) PriceOn-chain metrics showed increased engagement across the platform. The Cardano blockchain registered 43,181 transactions on October 1, establishing the second consecutive daily high for the week.This represented a significant 29% surge compared to September 30, when the network logged 33,467 transactions. The combined two-day volume totaled 76,648 transactions. @Cardano had a big day43,181 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, 2026The network’s 2026 daily transaction average hovers around 25,000. October 1’s volume exceeded this benchmark by approximately 73%.During the seven-day period from September 24 through September 30, Cardano handled approximately 190,000 total transactions. The week demonstrated consistent growth, with activity escalating 43% from an initial 23,400 to 33,467 transactions.Key Price Zones Under WatchOn October 2, ADA changed hands at $0.2529, registering a 0.36% increase on the four-hour timeframe. Bulls must overcome the $0.26 resistance barrier ahead.Source: TradingViewBreaking above $0.26 on a four-hour candle close could pave the way toward $0.27 as the subsequent objective. Conversely, slipping beneath current support might test $0.24, a zone that previously attracted demand.The four-hour Relative Strength Index stood at 55.01, indicating moderate bullish momentum without entering overbought territory. The MACD line registered 0.0012, positioned above its signal line at 0.0004, accompanied by a positive histogram reading of 0.0008.September 2026 marked nine years since Cardano’s development inception. Crypto analyst Lana Valentis commemorated this achievement with an in-depth review of the platform’s evolution.Through a post on X, Valentis highlighted that Cardano has accumulated 123.9 million lifetime transactions, established 2,890 operational stake pools, and processed 158 governance proposals since its genesis. She noted the token successfully breached and maintained closure above a significant weekly chart resistance around $0.24, suggesting a possible trend reversal.$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, 2026Valentis subsequently outlined progressive price milestones: $0.32, $0.50, $0.80, $1.20, and ultimately $3.10. The $3.10 projection aligns with ADA’s record peak established in September 2021.Substantial Rally Required for Historical PeakAscending to $3.10 from present valuations demands an 1,117% appreciation. Given the circulating supply of 36.78 billion ADA tokens, such pricing would elevate Cardano’s market capitalization to approximately $114 billion.Valentis offered no specific timeline for achieving this target. Her technical analysis depicts ADA rebounding from a 2026 low near $0.14, currently working to breach an extended downtrend resistance line.During her assessment period, ADA showed a 4% gain over 24 hours and approximately 0.9% for the week. The month-to-date performance reflected a 3.91% advance.Charles Hoskinson, Cardano’s founder, responded to recent community concerns regarding ADA’s price action. He clarified he maintains no formal responsibility for driving adoption, emphasizing the network functions through decentralized governance.ADA’s historical October performance presents varied outcomes. The cryptocurrency delivered positive returns during 2017, 2019, and 2023, recording increases of 40.4%, 6.63%, and 15.4% respectively.Negative October performance occurred in 2018, 2020, 2021, 2022, 2024, and 2025, with losses spanning from 6.65% to 24.5%. Aggregating all years, ADA’s mean October return calculates to -0.65%, while the median sits at -6.95%.The post Cardano (ADA) Network Processes 43,181 Daily Transactions While Holding Above $0.25 Support appeared first on Blockonomi.