Lucas

Hoskinson: "#Midnight is growing." The numbers back him up. Midnight did 96,851 transactions on Nov 10 (Midnight Explorer). Cardano itself did 23,020 that day. Hoskinson's privacy chain is now doing 4x the daily transactions of the chain it was built next to. $ADA #Cardano

Blockdaemon's DRep just went inactive on Cardano. 341.8M ADA from 183 delegators now sits with a DRep that hasn't voted since July 29. Inactive DReps don't count in governance votes. It's not alone: 783 of 1,050 registered DReps are inactive. Worth checking yours. $ADA

Hoskinson: ADA has "a deflationary monetary policy like Bitcoin." On-chain, ADA supply went from 38.24B to 38.99B in the last year. That's +753.7M ADA (+1.97%). Hard cap of 45B and issuance shrinks every year, so it's disinflationary. Deflationary it isn't. $ADA

Cardano's Peras upgrade is "75% done"? That's 9 of 12 GitHub milestones. Count the issues inside them: 79 closed, 64 open (55%). The "ready for pre-prod" milestone sits at 7 of 44. Real progress, but faster settlement still needs pre-prod and a hard fork. #Cardano

Visa just added Monad as its 10th stablecoin settlement chain. The list: Ethereum, Solana, Avalanche, Stellar, Base, Polygon, Arc, Canton, Tempo, Monad. No Cardano. Stablecoins on Monad: $668.5M Stablecoins on Cardano: $60.8M Visa goes where the dollars already are. $ADA

A 22M ADA treasury request to buy physical copper is getting crushed. DReps: 0.48% yes (5 yes, 112 no) Constitutional Committee: 0 yes, 3 no The proposer's own math: copper must rise ~49.4% for the treasury to get its ADA back. Voting closes Nov 15. #Cardano

4 different node clients have now made Cardano mainnet blocks: Haskell cardano-node, Amaru (Rust), Dingo (Go) and cardano-bean (Java). Amaru: 57 blocks so far, ~20/day projected. Still a tiny share. But it's how one client's bug stops being a whole-chain problem. #Cardano

ADA futures open interest just hit $395M (+5.4% in 24h) while price is stuck near $0.177. Funding on OKX is basically flat. Spot saw ~$1.27M net selling. Price is now testing the first sell wall around $0.177–$0.179. More leverage in a sideways market means bigger swings either way. Not a bottom signal by itself. #Cardano

Deutsche Bank's crypto custody went live today for paying clients. Supported: Bitcoin, Ether, USDC, EURC, EURAU. No $ADA. The bank says more assets may be added "subject to client demand." So it's on European institutions to actually ask for it. Will they?

The SEC just cleared Nasdaq ISE to list options on ETFs that hold "digital commodities" (order dated Nov 10). ADA is on the SEC/CFTC list of examples, next to BTC, ETH, SOL and XRP. One catch: options need a spot ETF underneath. For ADA, the US still has none. $ADA

Cardano Foundation just published installment 1 of a ZK series: first principles to a real Groth16 proof on Cardano. Plutus V3 already has BLS12-381 pairings. What's been missing is the tooling and the walkthrough. This one builds a 5-constraint circuit end-to-end, no black boxes. cardanofoundation.org/blog/z… #Cardano

Cardano's treasury is voting on 9.6M ADA (about $1.67M) for a police evidence system. First user: an Indian state government. Right now it's failing: DReps: 27.59% yes, needs 67% Constitutional Committee: 3 of 7 yes, needs 5 Voting closes Nov 20. #Cardano

cardano-node 11.2.1 dropped today. Still a pre-release, still not recommended for mainnet. What's new: lower memory use around snapshots, and the on-disk LSM backend is confirmed for block production (8GB+ RAM). SPOs: test first, then wait for the mainnet tag. #Cardano

Hoskinson says Cardano's smart contracts are "far more secure pound for pound" than the rest. 2026 hacks on DefiLlama, exchanges excluded: Ethereum: 113, $576M Cardano: 4, $12.4M Fewer, yes. Not zero: a bridge validator bug cost Wanchain $10M on Cardano. #Cardano