Cardano (ADA) costs around $0.242 late on Friday evening, October 2, 2026 (according to CoinGecko). That puts the price almost exactly on its 200-day moving average, which we calculate at $0.243 from CoinMarketCap daily closes. And it does so in a week with two pieces of news that would have been enough for a price jump at other coins: Brazil's state oil company Petrobras is testing Cardano, and the Cardano Foundation has found a partner in Japan. For the Cardano price prediction what counts, therefore, is why the news has not yet reached the price.
What Petrobras and Pacific Meta have announced
Petrobras has developed two applications on Cardano together with the Ledger Lab of the PUC-Rio university, Cointelegraph reports. The first makes the environmental benefit of sustainable aviation fuel (SAF) transferable as a token: an airline or a passenger can acquire the certificate even if the fuel is physically burned somewhere else. A token can be redeemed only once, so tha...
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