Mainnet glitch slowed Cardano block production but didn’t stop the chain. The ADA price has dropped sharply as market pressure and criticism intensified. Concerns rise over network readiness ahead of the Midnight launch. Cardano is facing scrutiny after a mainnet glitch slowed block production, weighing heavily on the already bearish market sentiment. The disruption arrived […] The post Cardano mainnet glitch sparks slow block production amid ADA sell-off appeared first on CoinJournal.Mainnet glitch slowed Cardano block production but didn’t stop the chain. The ADA price has dropped sharply as market pressure and criticism intensified. Concerns rise over network readiness ahead of the Midnight launch. Cardano is facing scrutiny after a mainnet glitch slowed block production, weighing heavily on the already bearish market sentiment. The disruption arrived […] The post Cardano mainnet glitch sparks slow block production amid ADA sell-off appeared first on CoinJournal.

Cardano mainnet glitch sparks slow block production amid ADA sell-off

  • Mainnet glitch slowed Cardano block production but didn’t stop the chain.
  • The ADA price has dropped sharply as market pressure and criticism intensified.
  • Concerns rise over network readiness ahead of the Midnight launch.

Cardano is facing scrutiny after a mainnet glitch slowed block production, weighing heavily on the already bearish market sentiment.

The disruption arrived during a tense period for the broader crypto market, pushing the ADA price deeper into decline and raising fresh questions about the network’s readiness for upcoming milestones.

Mainnet glitch triggers network jitters

The block production slowdown began after Cardano (ADA) experienced a technical issue on its mainnet, echoing a similar problem that appeared in the Preview environment only a day earlier.

According to Intersect, the member-based organisation helping coordinate development across the ecosystem, the glitch did not halt block production entirely but caused it to slow significantly.

Engineers from Intersect, the Cardano Foundation and Input Output Global moved quickly to diagnose the issue and coordinate a fix.

Node operators running version 10.3.1 or higher were advised to upgrade to Cardano Node 10.5.2, a release designed to address hash size inconsistencies and a networking bug linked to peer selection.

Operators on older software versions did not need to take action, and wallet users on Daedalus remained unaffected.

Despite the reassurance, the visible congestion raised concern among community members who were monitoring the chain’s activity closely.

The timing of the glitch was particularly sensitive because the network is preparing for increased activity tied to the upcoming Midnight sidechain launch on December 8.

While some users have pushed back the concerns after the glitch, noting that only specific node versions experienced interruptions and that the broader network continued functioning, albeit at a reduced pace, other users express concern that the slowdown hints at deeper scalability challenges.

Market reacts as ADA extends losses

The glitch landed during an already fragile moment for crypto markets, and ADA quickly became one of the session’s biggest underperformers.

Cardano (ADA) has fallen 12.86% in 24 hours, sliding from $0.4697 to as low as $0.3911 before staging a mild rebound.

This drop far exceeded the broader market’s decline of 7.76%, intensifying worries about ADA’s short-term resilience.

The negative sentiment was compounded by the return of the long-running “ghost chain” narrative, revived by critics who pointed to Cardano’s relatively small stablecoin footprint and modest decentralised exchange volumes compared with larger networks.

With adoption metrics under renewed scrutiny, the Cardano mainnet glitch added another layer of pressure, creating what analysts described as a “perfect storm” that accelerated the sell-off across trading platforms.

Technically, ADA’s breakdown below the key $0.40 support zone has triggered algorithmic selling and additional liquidations.

Indicators such as the RSI falling to deeply oversold territory and a bearish MACD crossover signal a fading momentum.

The next major support now sits near $0.33 unless ADA can reclaim $0.44, a level that previously served as a short-term pivot.

The post Cardano mainnet glitch sparks slow block production amid ADA sell-off appeared first on CoinJournal.

Market Opportunity
Blockstreet Logo
Blockstreet Price(BLOCK)
$0.013857
$0.013857$0.013857
-0.09%
USD
Blockstreet (BLOCK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Fed rate decision September 2025

Fed rate decision September 2025

The post Fed rate decision September 2025 appeared on BitcoinEthereumNews.com. WASHINGTON – The Federal Reserve on Wednesday approved a widely anticipated rate cut and signaled that two more are on the way before the end of the year as concerns intensified over the U.S. labor market. In an 11-to-1 vote signaling less dissent than Wall Street had anticipated, the Federal Open Market Committee lowered its benchmark overnight lending rate by a quarter percentage point. The decision puts the overnight funds rate in a range between 4.00%-4.25%. Newly-installed Governor Stephen Miran was the only policymaker voting against the quarter-point move, instead advocating for a half-point cut. Governors Michelle Bowman and Christopher Waller, looked at for possible additional dissents, both voted for the 25-basis point reduction. All were appointed by President Donald Trump, who has badgered the Fed all summer to cut not merely in its traditional quarter-point moves but to lower the fed funds rate quickly and aggressively. In the post-meeting statement, the committee again characterized economic activity as having “moderated” but added language saying that “job gains have slowed” and noted that inflation “has moved up and remains somewhat elevated.” Lower job growth and higher inflation are in conflict with the Fed’s twin goals of stable prices and full employment.  “Uncertainty about the economic outlook remains elevated” the Fed statement said. “The Committee is attentive to the risks to both sides of its dual mandate and judges that downside risks to employment have risen.” Markets showed mixed reaction to the developments, with the Dow Jones Industrial Average up more than 300 points but the S&P 500 and Nasdaq Composite posting losses. Treasury yields were modestly lower. At his post-meeting news conference, Fed Chair Jerome Powell echoed the concerns about the labor market. “The marked slowing in both the supply of and demand for workers is unusual in this less dynamic…
Share
BitcoinEthereumNews2025/09/18 02:44
[Tambay] Tres niños na bagitos

[Tambay] Tres niños na bagitos

Mga bagong lublób sa malupit na mundo ng Philippine politics ang mga newbies na sina Leviste, Barzaga, at San Fernando, kaya madalas nakakangilo ang kanilang ikinikilos
Share
Rappler2026/01/18 10:00
Massive Whale Buying Spree Could Trigger XRP Supply Shock as Exchange Balances Drop to Lowest Since 2023 ⋆ ZyCrypto

Massive Whale Buying Spree Could Trigger XRP Supply Shock as Exchange Balances Drop to Lowest Since 2023 ⋆ ZyCrypto

The post Massive Whale Buying Spree Could Trigger XRP Supply Shock as Exchange Balances Drop to Lowest Since 2023 ⋆ ZyCrypto appeared on BitcoinEthereumNews.com
Share
BitcoinEthereumNews2026/01/18 10:41