Cardano added to Coinbase x402 SDK, but agent-payment traction remains thin
Base and Solana dominate x402 payment counts, while Cardano fees and Masumi activity lag the scale needed to move ADA demand.
Cardano (ADA) is currently trading at $0.272506, with a market capitalization of $10.23 billion, ranking #15 among all cryptocurrencies. Over the past 24 hours, Cardano is up 0.03%, trading between a low of $0.261873 and a high of $0.276329, with $743.87 million in trading volume. Cardano's all-time high was $3.09, reached on September 1, 2021. Its all-time low was $0.019253 on March 12, 2020. Looking at broader trends, ADA has gained 9.76% over the past 7 days and is up 24.13% over the past 30 days. There are currently 37.54 billion ADA in circulation out of a maximum supply of 45.00 billion.
Base and Solana dominate x402 payment counts, while Cardano fees and Masumi activity lag the scale needed to move ADA demand.
Executives said SEC and CFTC work continues, but without statute the rules can be rewritten and MiCA looks comparatively durable.
Hoskinson blamed legacy third-party bridge architecture and pitched ZK proofs as the long-term fix.
Recovery and migration tools are now targeted for August, and no reimbursement plan has been announced.
The upgrade is Cardano’s first hard fork proposed, debated, and ratified entirely through onchain governance voting.
Downloads are halted immediately as the wallet shifts to recovery-phrase export only and warns there will be no migration token or airdrop.