The Cardano Foundation activated the token standard CIP-0113 on the mainnet on October 7, 2026. It lets issuers write rules directly into a token: who may hold it, how much can be moved per transfer, and whether an authorised third party may freeze or seize it. The network enforces those rules itself on every transfer, every issuance and every burn.
The price of Cardano stands at $0.2294 at the same time, 10.32 percent below its level 24 hours earlier. The two have less to do with each other than the timing suggests. ADA itself does not fall under the new standard, and the daily loss fits into a market slide that has caught Bitcoin and Ether as well.
CIP-0113 on the mainnet: what the Cardano Foundation activated on October 7
What went live is a platform for so-called programmable tokens, together with the open standard CIP-0113. The specification defines programmable tokens as assets that "require the successful execution of a script in order to change owner". Behind that terse wording sits a shift: until now, enforcing rules was the job of whoever issued the token, or of the trading platform it ran through. In future it sits...
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