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Home»Altcoins»Cardano (ADA) Network Marks Biggest Transaction Day Since 2021
Altcoins

Cardano (ADA) Network Marks Biggest Transaction Day Since 2021

NBTCBy NBTC06/11/2026No Comments2 Mins Read
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A NEW RECORD! 🥳 Cardano $ADA processed 1,780,896 transactions in Epoch 660. It’s the new record, surpassing the previous 1,566,974 transactions record from Epoch 304. Also some cool stats: – On average each block had 83.83 transactions – Cardano made ₳ 337.72k in fees https://t.co/og4wr2Xukj

— Cexplorer.io 🅰️ (@cexplorer_io) October 12, 2026

The main driver of traffic was community mobilization during the Voltaire era of decentralized governance. The end of Epoch 660 coincided with the conclusion of major on-chain votes by Delegated Representatives (DReps).

One possible reason is that users massively activated their wallets to vote on changes to the network’s economic parameters, including a reduction in the base pool cost (minPoolCost).

Although the initiatives ultimately failed to reach the required quorum, the voting process turned into a large-scale organic stress test of Cardano’s architecture.

The network handled this load without disruptions: average block density reached 83.83 transactions per block, while the total output volume over five days reached ₳46.71 billion. Fee economics remained stable: the system generated ₳337.72K in transaction fees, keeping the average cost of a single transfer at just ₳0.19 (about $0.05).

Cardano is operating at the limits of its capabilities, but investors seem completely unimpressed

However, the market completely ignored the blockchain’s fundamental achievements. Despite record traffic, the native $ADA token fell 3.58%, dropping to $0.2429.

According to the TradingView technical chart, the asset’s attempt to establish itself above the $0.2600 level failed due to a bearish divergence forming on the RSI oscillator. The price increase was not supported by the indicator’s momentum, leading to a reversal and the asset falling back below the moving averages.

Cardano ($ADA) daily price chart showing a bearish RSI divergence on October 12, 2026, Source: TradingView

At present, there is a complete decoupling between the network’s operational strength and its market value, although the subsequent Epoch 661 continues to maintain high capacity utilization at 38%.

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NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

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