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Following
ADA Cardano releases Dijkstra upgrade roadmap, whale sell-off causes ADA to fall to US$0.175.
After Cardano Networks announced its two-phase Dijkstra hard fork development plan, its price hovered around US$0.175, a drop of 1.03%. This new roadmap details a series of protocol enhancements planned for the fourth quarter of 2026 and the second quarter of 2027 to improve network scalability and transaction speed.
Dijkstra Upgrade Roadmap and Technical Milestones
The first phase of the Dijkstra upgrade is planned for the fourth quarter of 2026, when Cardano is expected to upgrade to version 12 of the agreement. This update will introduce Ouroboros Linear Leios, support for nested transactions, and add script context capabilities to Plutus V 4. As part of this release, the foundation will also be laid for the next consensus agreement, Ouroboros Peras.
The second phase is planned for the second quarter of 2027, and Cardano developers aim to activate Ouroboros Peras with another hard fork. The agreement aims to increase transaction confirmation times, potentially allowing faster settlement speeds across the network.
These dates represent internal development goals rather than fixed mainnet release dates. Each stage must be rigorously tested on the preview network and pre-production network before deployment to Cardano's main blockchain.
Small dictionaries: Ouroboros Linear Leios and Peras are consensus protocols specially designed by Cardano to improve the scalability of blockchain and transaction settlement speed.
Governance, Market Reaction and Whale Activity
The execution of Dijkstra upgrades relies heavily on Cardano's decentralized governance system. Any changes to the agreement require approval from the Authorized Representative (DReps), the Equity Pool Operator, and the Cardano Constitutional Council. This process is designed to ensure that major network changes gain broad community consensus.
Market analyst AltCryptoGems 'Sjuul commented that ADA continued to fall as expected. He attributed this to the collapse of market structures and believes that the recent weak rebound in altcoins is mainly driven by funding rotations between different cryptocurrencies rather than continued upward momentum.
ADA is still under pressure after a bearish collapse, with funds rotating rapidly between different altcoins rather than supporting a broad rally.
Sanitation's on-chain analysis showed significant selling activity among large Cardano holders. Since August 11, approximately 200 million ADA tokens have been sold from addresses holding 1 million to 100 million ADA tokens. Although some smaller whale populations absorbed some of the sell-off, the trend suggests that large investors are in the distribution phase.
Futures contracts and technical indicators
Derivatives data highlighted the market's caution. Data from CoinGlass showed that the long-short ratio was 0.92 on Monday, below the neutral threshold of 1.0. The funding rate turned negative, meaning that short positions are currently compensating for long positions, which usually signals bearish sentiment.
Spot ADA trading volume surged nearly 90% to US$388.36 million, while derivatives trading volume surged 151% to US$15.56 million. Despite this, open interest in ADA futures fell 1.76% to $451.31 million, indicating that some traders have closed or closed leveraged positions.
Technically, the ADA's Relative Strength Index (RSI) is close to 34, which is in the oversold region. Direct resistance is at the 50-day exponential moving average (EMA) of $0.179, while the 100-day EMA is at $0.194. The MACD indicator also showed negative momentum, with ADA currently trading below a dense set of exponential moving averages on the daily chart. If the price closes below $0.173, it may open up room for a fall towards support near $0.150.
The Chaikin Fund Flow Indicator reached 0.19, indicating that despite recent price declines, there is still some positive capital inflows.
Cardano's Dijkstra development schedule foreshadows a major upgrade, but continued sell-off from large investors and weak technical indicators continue to weigh on ADA's short-term prospects.
