Cardano Price Prediction in Focus as Daily Transactions Hit a Seven-Day High

Cardano price held near $0.2526 after a 30% monthly rally, alongside increased transaction activity on its network. On September 30, daily transactions stood at 33,467, the highest number in seven days.

Bitcoin price broke above $85,000, Ethereum was seen trading around $2,690, and XRP price was inching closer to $1.50. 

The American job market grew worse in September, with the unemployment rate rising to 4.2%, up from the forecast 4.1%. 

Employers added 29,000 jobs, missing forecasts of 90,000 by 61,000 and pointing to slower hiring.

Earlier employment estimates were also revised downward, with July and August recording 60,000 fewer jobs. Expectations for another Federal Reserve rate increase weakened after the report, ahead of October’s meeting.

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Cardano Sets Second Consecutive Daily Record in Transactions

The Cardano network handled 43,181 transactions on October 1, 2026, recording its second consecutive daily high this week. 

Activity increased 29% from September 30, according to Chainspect data. The rise added 9,714 transactions to the previous day’s total of 33,467.

September 30 had already delivered the network’s busiest day during the preceding seven days. Daily activity climbed from 23,400 to 33,467 transactions over that period, an increase of 43%. 

Cardano processed around 190,000 transactions in total between September 24 and September 30. Together, the September 30 and October 1 figures amounted to 76,648 transactions across two days.

Cardano Sets Second Consecutive Daily Record in Transactions@Cardano completes 43,181 transactions on October 1, marking the second daily high and setting a new record for the highest volume of transactions completed within one day this week.

The on-chain data shows a 29%… pic.twitter.com/NSTm8N4m50

— BSCN (@BSCNews) October 2, 2026

The network’s reported daily average during 2026 stands at around 25,000 completed transactions. 

September 30’s total was roughly 34% above that average, based on calculations using the reported figures. October 1 extended that increase, with transaction activity roughly 73% above the same reported daily average. 

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Will Cardano Price Hold $0.25 Support or Retreat Toward $0.24?

The ADA price traded at $0.2529 on October 2, up 0.36% during the latest four-hour candle. 

Cardano price traded above support at $0.25, while $0.26 remained the immediate barrier to further gains. 

A sustained four-hour close above resistance could bring $0.27 into focus as the next technical target as per future ADA outlook.

Conversely, a close below nearby support could expose $0.24, where previous pullbacks found support.

The four-hour Relative Strength Index stood at 55.01. This reading indicates a slight bull market bias but below the overbought level of 70.

The MACD line was at 0.0012, above its signal line at 0.0004, with a positive histogram of 0.0008.