Cardano’s daily active addresses surged to approximately 1.7 times September’s weekday average following the October 7 launch of the new programmable token standard CIP-0113, with the network recording roughly 27,500 daily active addresses that day. The new standard enables issuers of regulated assets such as stablecoins and tokenized funds to embed compliance requirements, including KYC verification and sanctions checks, directly into native Cardano tokens. ADA price reached a multi-month peak of $0.28 before dropping below $0.24 on Friday, then rebounding over 7%. The Cardano Foundation announced at TOKEN2049 that its application for the .ada generic top-level domain advanced to the next phase of ICANN’s New gTLD Program, having received approximately 75% support from the Cardano community through an on-chain Governance Action.
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