Cardano News Today: ADA price plummeted 5.1% after CIP-0113 token release

Disclaimer: Content does not constitute investment advice. Trading involves risks—please invest with caution!

Cardano News Today: CIP-0113 Programmable Token Standard Officially Launched on Mainnet

Cardano News Today focuses on a major launch. The Cardano Foundation confirms that CIP-0113 (Cardano programmable token standard) has been launched on the Mainnet. Issuers can now embed compliance rules directly into native ADA tokens without having to perform a hard fork.

Less than a day after its release, the update propelled Cardano to the top of cryptocurrency assets by market cap, followed by a sharp correction in ADA prices. The following is a detailed interpretation of this release, ADA's price response today, and the network's future plans.

Core Points

CIP-0113, Cardano's programmable token standard, has been launched on the main network, allowing issuers to add freeze, forfeiture and KYC rules to native tokens without hard splitting.
ADA's price was $0.2544 today, down 5.1% in 24 hours, although its total market value climbed to $9.548 billion and it entered the top 15 digital assets with its market value.
Cardano held a "Node Diversity Celebration Day" in Singapore, and Charles Hoskinson revealed that Pogun, a project that combines Bitcoin with Cardano stablecoin lending, will be launched within 90 days.

What is CIP-0113? Today's biggest news from Cardano

CIP-0113 解决了一个长期存在的问题。虽然 Cardano 的原生代币一直可以自由铸造，但一旦发行，发行方便完全失去了控制权。这一缺失阻碍了其他链上驱动交易量的核心资产——受监管的稳定币、代币化证券以及需要附带冻结、没收、白名单或 KYC 规则的实体资产——进入该生态。

根据基金会在 X 平台上的帖子，CIP-0113 在不修改基础协议的情况下解决了这一问题。代币保持为 Cardano 原生资产，但每一次转账、铸造和销毁现在都运行由发行方设置的自定义逻辑。合规性直接内置于 Cardano 可编程代币本身，由网络强制执行，而钱包和应用仍如往常一样正常工作。确保交易可预测性的 eUTXO 交易模型保持不变。

这对那些此前一直未能在 Cardano 上大规模应用的资产至关重要。稳定币发行方可以按照监管机构的要求锁定冻结和没收控制功能。代币化证券可以携带内置的白名单，只有经过批准的钱包才能持有它们。实体资产发行方可以将 KYC 门槛直接嵌入代币本身，而不是依赖可能出错或被绕过的独立智能合约。

简而言之，CIP-0113 使 Cardano 成为一个受监管资金能够实际运行的链条，而不仅仅是技术上存在于其上。

What is the reaction of ADA prices to this release?

The market responded quickly. Within a day after its release, its market value soared, and according to CoinGecko, ADA surpassed Monero, WhiteBIT Coin and LEO tokens to rank among the top 15 digital assets by market value. This puts the ADA right behind Chainlink (LINK).

Prices then fell back. As of writing, Cardano's price today is $0.2544, a one-day drop of more than 5.1%. Today's total market value was US$9.548 billion, and the 24-hour trading volume was US$782,079 million. However, stretching the Timeline to a weekly chart, the ADA still rose 4.2%, so the larger trend was not disrupted.

Indicator Cardano (ADA) Chainlink (LINK) Price $0.2544 $14.04 24 Hours Change-5.1% -1.7% Market Value $9.548B $10.156B 24 Hours Trading Volume $782.079M Undisclosed Note: Rankings may change quickly as the market reacts.

What will Cardano do next after the release of CIP-0113?

Token launches are not the only events that occur. The team responsible for the implementation of Cardano's independent nodes completed a three-hour "Node Diversity Celebration Day" in Singapore and called the event a success.

There is also more on the roadmap. Charles Hoskinson said on X that the project Pogun, built on pogun.io, is expected to launch within the next 90 days. He described it as a major improvement on BitVM technology, which allows Bitcoin to connect to the stablecoin lending space. Combined with CIP-0113 's compliance layer and Pogun's lending plan, both point to the same goal: attracting regulated funds and Bitcoin liquidity to the network.

Expert opinion:

Market analysts tracking Cardano point out that short-term price declines after major upgrades are a common pattern because traders tend to sell when good news is announced rather than hold on to wait. The more important signal is structural: CIP-0113 fills the gap that has prevented regulated stablecoins and tokenized assets from entering the chain for years.

Whether this translates into a higher Cardano market cap in the coming months will depend on actual issuer adoption rates, not just code launches. Pogun's announcement adds another variable to watch because if the project launches as planned, bitcoin-related lending activity could bring new liquidity to the network.

Conclusion

CIP-0113 provides stablecoin issuers and institutions with the long-awaited compliance tool, although the ADA price fell 5.1% immediately after launch today. As Node Diversity Day ends and Pogun is expected to launch in 90 days, today's news from Cardano points to a network that builds infrastructure first and lets prices catch up later.