Cardano Launches CIP-0113 Token Standard on Mainnet as ADA Funding Rate Hits 16-Week Low
- —ADA down 4.84% to $0.239, off 14% since October 6
- —Cardano funding rate at -0.0183%, lowest in 16 weeks
- —ADA open interest fell 10% to $526 million
- —Daily active addresses rose to 27,500, 1.7x September average
Why it matters: CIP-0113 positions Cardano for regulated stablecoins and RWA, but bearish futures positioning and falling open interest weigh on ADA price.
Source: CoinGape