Cardano DEX Volume Soars 2,965% Week-on-Week; ADA Tags Weekly High at $0.2617

Cardano's decentralized exchange (DEX) activity surged over the past week, with DeFiLlama data showing a 2,965% jump in seven-day volume to about $217.56 million. Over the past 30 days, Cardano DEX volume totaled $248.31 million. Short-term activity was more modest: DEX volume over the last 24 hours was around $1.68 million, suggesting a meaningful share of trading was concentrated in earlier, stronger sessions. Longer-term charts also point to previous bursts of DEX activity, including multiple periods between 2023 and 2025 when weekly volume exceeded $100 million. ADA rose alongside the pickup in on-chain trading. The token was last near $0.2558, up roughly 1.8% over 24 hours, and has gained more than 14% over the past seven days. During the latest move, ADA reached a weekly high of $0.2617 and briefly traded around $0.2655 on Sept. 26 before easing back toward $0.256. Market capitalization stood at approximately $9.62 billion, while 24-hour spot trading volume was about $751.48 million. Ecosystem developments also added momentum. FC Barcelona launched Barca Fan Lab with Andamio on Cardano, backed by Project Catalyst Fund 13. The initiative centers on educational and community engagement and issues verifiable digital credentials that users can store in their wallets. On the developer side, Bloxbean released Yaci Store version 2.0.3, expanding token metadata support and updating governance-related data handling. The team is also preparing a Yaci Store 3.0.0 beta, expected to introduce additional plugins, Blockfrost-compatible APIs, and a SQL-based analytics layer aimed at improving how Cardano applications access and organize blockchain data. Looking ahead, focus will be on whether ADA can hold recent gains and break above the week's peak as network trading remains elevated. Scheduled ecosystem milestones include RealFi's launch on Oct. 1 and the Amaru beta, expected later in October. This content is for informational purposes only and does not constitute financial or investment advice.