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Cardano Advances Node 11.2 Pre-Release Amidst Market Downturn

Cardano's Node 11.2 pre-release progresses the network towards the Dijkstra hard fork, but ADA struggles under selling pressure.

Cardano's Node 11.2 pre-release progresses the network towards the Dijkstra hard fork, but ADA struggles under selling pressure. Cardano (ADA) is trading at ₹17.98 ($0.1894), up 0.4% since this brief published. This is an original Token Times brief based on reporting by TronWeekly, with live market data added, as of Tue, 03 Nov 2026 02:00:01 UTC.

Why it matters

The Node 11.2 pre-release marks a significant step towards Cardano's Dijkstra hard fork, which could enhance network capabilities and performance. However, ADA's price struggles indicate potential investor uncertainty about the upgrade's immediate impact.

Key takeaways
  • Cardano's Node 11.2 pre-release moves the network closer to the Dijkstra hard fork.
  • ADA faces selling pressure with a 2.43% 24h drop and 8.05% 7d decline.
  • Forward TVL at $279.5M shows slight 7d decline of 0.2%.
  • Market sentiment remains bearish with Fear & Greed at 26 (Fear).

Cardano's development team has released the pre-release version of Node 11.2, marking a significant step towards the upcoming Dijkstra hard fork. This upgrade aims to enhance the network's capabilities and performance.

Despite these development efforts, ADA is facing significant selling pressure. The cryptocurrency's price has dropped by 2.43% in the past 24 hours and 8.05% over the last week, currently trading at $0.188567.

The TronWeekly report highlights declining open interest and weak technical indicators as factors contributing to the bearish sentiment. Traders are watching for signs of a potential recovery amidst the broader market downturn.

On-chain data from DeFiLlama shows that Cardano's forward Total Value Locked (TVL) stands at $279.5M, representing a slight 0.2% decline over the past seven days. This indicates that while development continues, investor confidence may be wavering.

The overall cryptocurrency market is experiencing a downturn, with the total market cap at $2.64T and Bitcoin down 2.16% in the last 24 hours. The Fear & Greed index remains at 26, indicating a 'Fear' sentiment among investors.

Market reaction since this brief Live

Since this brief published about 3 hours ago, Cardano (ADA) has moved from ₹17.90$0.1886 to ₹17.98$0.1894 — +0.43%.

$0.188$0.189$0.189$0.189$0.189 published · $0.189 now · $0.189 (+0.43%) Nov 2 23:30 UTC Nov 3 02:00 UTC
BeforeSince publishPublished · ₹17.90$0.1886

The chart plots ADA's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 ADA ≈ ₹19.79 (about $0.1894), down 2.2% over 24 hours. The rupee itself trades about 10.1% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#18
₹17.98$0.1894 ▼ 2.17%
+0.43% since this brief published
7d -8.29%MCap ₹675.56BFull ADA data →
The market when this published · November 2, 2026
Total market cap₹250.93T
Bitcoin 24h-2.16%
Ethereum 24h-1.31%
BTC dominance58.3%
Fear & Greed26 · Fear
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · November 3, 2026.

Bitcoin DeFi TVL$4.10BDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Cardano Advances Node 11.2 Pre-Release Amidst Market Downtur — questions & answers

What is the significance of Cardano's Node 11.2 pre-release?

The Node 11.2 pre-release is a significant step towards the Dijkstra hard fork, which aims to enhance Cardano's network capabilities and performance.

Why is ADA experiencing selling pressure?

ADA is facing selling pressure due to declining open interest and weak technical indicators, suggesting potential uncertainty among traders about the upgrade's immediate impact.

What is the current state of Cardano's forward TVL?

Cardano's forward TVL stands at $279.5M, showing a slight 0.2% decline over the past seven days.

How much is 1 Cardano worth in rupee today?

About ₹19.79 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.1894. The rupee price moves with both ADA's US-dollar price and the USDT/INR rate; use our Cardano in rupee page for any amount.

Has Cardano's price moved since this brief was published?

ADA is up 0.43% since this brief first published — trading at ₹17.98 ($0.1894) now versus ₹17.9 ($0.1886) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · November 3, 2026 ⛓ Timestamped at Bitcoin block #974,320 sha256:ee60dadf4d774fc1
Based on reporting by TronWeekly — this is an original Token Times summary with live market data, not the original article.TronWeekly · Nov 2 23:30 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.