Cardano’s Hydra team tagged hydra-node v1.0.0 on GitHub this week, marking a clear step for production-grade scaling work. The release enables developers to deploy Hydra Heads on mainnet for real-world testing and feedback. Community channels framed the tag as a milestone on the road to higher throughput and lower latency.
Moreover, project roundups stressed that the version is the first to open the door to live deployments while the team continues to refine unresolved items. In plain terms, builders can now experiment with Hydra in a live environment and report back on performance. That practical loop matters as Cardano prepares the next phase of scaling.
Finally, ecosystem coverage reiterated the timing and intent behind the push, placing the v1.0.0 tag in early October and underscoring its role in Cardano’s broader scalability path. The message stayed consistent across community and media posts: this is about real usage and iterative hardening, not price.
Treasury Withdrawal Governance Action moves on-chain for DRep review
Intersect confirmed that a Treasury Withdrawal Governance Action is now live on-chain, asking delegated representatives (DReps) to review and vote. If approved, the action unlocks funds to continue development of the open-source GovTool, support contributors, and finance additional governance tooling. The update sets a concrete next step for the post-Chang governance cadence.
In addition, background materials remain available for context on how treasury withdrawals can be structured. Earlier briefing packs outlined multiple options, trade-offs, and operational consequences, helping voters weigh execution risk against continuity. That prior work now feeds into the live action under review.
As the vote proceeds, process transparency stays central. Public dashboards and communications keep the community aligned on scope, timing, and intended outcomes. The emphasis is on mechanics and accountability for disbursements rather than speculation.
Intersect extends committee-election applications to Oct 24, 12:00 UTC
Separately, Intersect announced an extension of committee-election applications to Oct 24 at 12:00 UTC. The decision gives candidates more runway and keeps the October election season on community radar. It also aligns with earlier explainers that laid out the September–October governance timetable.
Furthermore, the extension arrives alongside ongoing education about roles and responsibilities. Intersect’s guides explain what committees do and why participation matters as Cardano shifts to fully elected governance under the Constitution adopted with Chang. The continuity between guidance and scheduling helps reduce friction for newcomers.
Lastly, related community channels continue to promote election-season programming and candidate forums. Those touchpoints aim to improve voter awareness before the formal windows open, reinforcing participation across the wider ecosystem.
Cardano tests long-term channel support as potential breakout zone forms
Cardano’s weekly chart shows ADA/USD trading near the lower boundary of a long-term ascending channel that has guided its price structure since 2019. The trendlines outline a gradual, sustained climb with two clear touchpoints on both the upper and lower bands. This positioning indicates that ADA is retesting a historically significant support zone.
The white circle highlights the area where price currently interacts with the mid-channel support, around the $0.68–$0.70 range. This level has repeatedly acted as a launching point for previous upward legs. Moreover, the structure suggests that holding this area could set the stage for a broader move toward the upper channel boundary.
The measurement inside the chart projects a potential climb of 4,920% from current levels, theoretically pointing toward the $33 zone if the pattern remains intact. While such measured moves outline structural possibilities rather than guarantees, the chart reflects a technically clean ascending channel with no confirmed breakdowns. Transitioning through the mid-line and sustaining momentum would be key for any large-scale follow-through.
ADA MACD shows bearish momentum building, but watch for a flattening histogram
The MACD (12,26) line sits below the signal line and both are under the zero axis, which signals bearish momentum. On the legend, MACD ≈ −0.038 and signal ≈ −0.024, so the histogram near −0.014 confirms downside pressure. The recent bear cross occurred just before October and pushed the oscillator back below zero after a short-lived summer upswing.
However, momentum is not accelerating sharply. The histogram bars have turned negative but are not expanding aggressively like the December–January downswing. When downside momentum fades, MACD often curves higher toward the signal, setting up either a weak bounce or a full cross. Therefore, watch whether the histogram shrinks toward zero over the next several sessions; that would hint at sellers losing steam.
Structurally, the MACD has printed lower highs since August, mapping a momentum downtrend. A bullish shift needs two steps: first, histogram contraction toward zero; second, a MACD–signal bull cross above the zero line to confirm trend strength. Until then, the indicator favors caution, with risk of continued chop or further downside if the histogram deepens again.
ADA RSI slips below midline as momentum weakens
Cardano’s 14-day RSI sits near 39, below the neutral 50 line and under its moving average around 45. This placement signals bearish momentum. After a brief bounce in late September, RSI failed to hold above 50 and rolled over, which often precedes further chop or downside until buyers regain control.
Moreover, the RSI has carved a sequence of lower highs since August. That pattern shows waning upside strength even when price attempts to rally. Until RSI breaks back above its moving average and reclaims 50, momentum favors sellers. However, the oscillator remains above the 30 oversold boundary, so conditions are weak but not yet stretched.
Going forward, watch two triggers. First, shrinking downside swings in RSI would hint at momentum stabilization. Second, a sustained push back above 50, with RSI crossing above its average, would mark an early momentum shift. Absent those, risk of another retest toward 30 persists.
