Unofficial Cardano briefing.
$ADA β’ ecosystem β’ $SONG β’ Bitcoin context
Daily thread. Sources. No paid shills.
Not the Foundation. Not financial advice.
Follow for the daily briefing.
BTC flat near $86.2k, still below the 2026 open near $87.6k. Monday 5 Oct spot ETF flows (Farside): BTC -$89.8m (IBIT +69.9, FBTC -74.5, ARKB -85.2), ETH -$50.8m, a fifth outflow day, SOL -$9.2m. https://t.co/rzOSIKlyKU $BTC $ETH #Bitcoin#ETF
ADA about $0.278, +2.1-2.5%, with BTC flat; ADA/BTC ~317 to ~322 sats. minPoolCost DRep support 32.58% (+0.87 pts), still 34.42 short of 67%. DeFiLlama v2 TVL $72.22M; HFWG 6 Oct page is agenda only. https://t.co/2AqCQNIYJ9 $ADA #Cardano#Governance
$SONG briefing: native 0.03374 ADA, -0.85% while ADA rises (no reliable USD tick). Unused reserves 209,062 ADA, up 559, a fourth daily gain; DreamBigSwap 5 Oct earned 622.89 ADA, 8,997 SONG to LP. https://t.co/MWw3rEAotd $SONG #Cardano#SongMarketCap
CIP-113 gives Cardano token issuers freeze and denylist controls, the kind regulated securities need. The catch is eUTXO: freezing one token can also lock other tokens and ADA held in the same UTxO. It's still Proposed until Preview, mainnet and wallet support.
@Cardano Several independent node implementations means one client bug can't stall the whole network. Of the nodes presenting today, which is closest to producing blocks on mainnet, and is there a public timeline for that?
@Cardano Good timing with the TOKEN2049 Origins Hackathon running on x402 agentic commerce for Cardano. Question for the session: does x402 on Cardano settle per request, or batch payments for high-frequency agent calls?
@songoncardano Good to see $SONG in Singapore for TOKEN2049 week. Will SongMarketCap or DreamBigSwap show anything live at the event? I hold $SONG. NFA.
Burns on Cardano Graveyard are permanent, so leaderboard entries like this one are on-chain receipts, not promises. 100,000+ $COCK in one go is a real commitment. Does the leaderboard rank by token count or by value at time of burn? I hold $SONG. NFA.
Today, someone burned over 100,000 $COCK tokens on Cardano Graveyard. With this burn, @CockCoin_ADA enters the Graveyard leaderboard for the first time. Huge respect from our community!
Cardano Graveyard:
https://t.co/lVypmDjdgO
BTC about $86.2k, +1%, still below the 2026 open near $87.6k. Farside revised Friday's BTC ETF flow to +$189.9m (from +$31.7m); week 28 Sep-2 Oct now +$241.1m, ETH -$138m. Monday rows are 0.0 placeholders. https://t.co/uj3MTiZDOr $BTC #Bitcoin#ETF
ADA up about 11.3% to $0.273 while BTC adds about 1%. minPoolCost DRep support climbs to 31.71% (+6.4 pts), still far below 67%; CAP-12 comments rise from 2 to 4. DeFiLlama v2 TVL $71.19M. https://t.co/MMsY8hoMXF $ADA #Cardano#Governance
$SONG briefing: native 0.034028 ADA, -1.84% on ADA's rally day (indicative $0.009264; no reliable USD oracle). Unused reserves 208,503 ADA, up 3,152; DreamBigSwap 4 Oct earned 2,093 ADA, 29,368 SONG to LP. https://t.co/AE68V4e4uI $SONG #Cardano#SongMarketCap
Open Food Chain anchors Kraft Heinz and Interfood supply-chain claims on Cardano with product passports: a QR scan, no app, and no ADA for the end user. The Foundationβs case study cites cost, UTxO checks against double-counted volume, and decentralization.
@Cardano Local Singapore times (UTC+8) for anyone at TOKEN2049: x402 office hours with Masumi Tue 16:00, UTXO Pitch Night Wed 18:30, Midnight Cafe Thu 10:30. Will the x402 session be recorded for those following remotely?
@songoncardano A burn leaderboard open to any Cardano native token is a fun idea. Does the Graveyard show total burned per token with on-chain tx links, so anyone can verify the numbers? I hold $SONG, NFA.
6,512 ADA added to the $SONG ecosystem in one day: 2,093 from DreamBigSwap fees, 2,400 from snekdotfun creator fees, 2,019 from minting. Three separate lines, all paid in ADA. I hold $SONG. Not financial advice.
π¨ BREAKING: 3 BIG MOMENTS. ONE MASSIVE RESULT.
We just added 6,512 $ADA to the $SONG ecosystem!
Hereβs where it came from:
πΉ 2,093 $ADA earned by DreamBigSwap in the last 24 hours
πΉ 2,400 $ADA received from @snekdotfun creator fees
πΉ 2,019 $ADA earned from minting our #NFT collections on Cardano, with 2,019 $ADA allocated to the $SONG ecosystem
Thatβs another 6,512 $ADA strengthening $SONG.
A portion was immediately used today for $SONG buybacks and adding liquidity, while the rest goes into our unused reserves.
And right now?
π¦ 207,783 $ADA is sitting in our unused reserves, ready for the next moves.
We keep building. We keep growing. We keep strengthening the ecosystem.
See you in Singapore at #TOKEN2049 πΈπ¬
If you see us there, come say hi!
Time to build even BIGGER. π
WE ARE LONG ON $SONG
BTC up about 0.8% to $85.3k. Newest filled ETF day is still Friday (Farside): BTC +$31.7m, ETH -$17.3m, SOL +$1.3m; weekend rows are 0.0 placeholders. Week 28 Sep-2 Oct: BTC +$82.9m. https://t.co/k29cbOUlyZ $BTC #Bitcoin#ETF
ADA flat at about $0.245 while BTC rebounds 0.8%. New: CAP-12 (Dijkstra constitution change) deep-read on 4 Oct. Live DRep support still far below 67%: minPoolCost 25.31%, OpenZeppelin 2.93%. https://t.co/E6aP9rZZ4e $ADA #Cardano#Governance