Cardano Forks Testnet to PV12 (Amaru Next!)

Cardano (ADA) price analysis at $0.1902 (246.3 satoshis) as Intersect confirms the DijkstraNet testnet hard forked to Protocol Version 12, the Rust node client Amaru targets November 5 for its mainnet block producer, CIP-0113 RWA tokens move into production, and Midnight proposes native NIGHT rewards for Cardano SPOs! Full live data desk at https://www.dailyoncardano.com
🧠 TEST YOUR CARDANO IQ: Click today's interactive Quiz right here in the description below to test what you caught from today's briefing!
In today's Daily on Cardano institutional briefing (Tuesday, November 3, 2026), we break down DijkstraNet's hard fork to Protocol Version 12 (ahead of Linear Leios), Node 11.2.x merging Ouroboros Consensus 5.3 memory optimizations (#6754) and MaxDelay limits (#6756), Amaru's planned November 5 mainnet block producer release, Dingo v0.90.4, and Hydra lifting snapshot sizes to 32,767. Plus: BlackRock IBIT's $405.3M Bitcoin ETF outflow (largest since June), Tether freezing $1.5B in 30 minutes after the Binance exploit as Bybit (+142%) and Bitget (+130%) deposits surge, Cardano SPOs rejecting the k=1000 vote (only 2.2% Yes), the 9.6M ADA Indian Police PFMS proposal securing 2 Constitutional Committee Yes votes, Atlas launching 5x BTC perpetuals beta, and SongMarketCap selling out Tea Kingdom NFTs (100/100) as $SONG treasury reserves jump +2,283 ADA to 247,998 ADA.

📊 CHAPTERS / TIMESTAMPS:

00:00 DijkstraNet Forks to PV12, Amaru Nov 5 Target & $405M IBIT Outflow

00:36 ADA Price ($0.1902), 246.3 Satoshis, Fear & Greed (26) & Market Tape

01:07 $398.6M BTC ETF Outflows (IBIT -$405.3M) & Cardano DeFi TVL ($52.88M)

01:31 Epoch 665 On-Chain Metrics (21.54B ADA Staked) & 1.39B ADA Treasury

02:02 DijkstraNet Protocol Version 12 Fork & Amaru Mainnet Block Producer (Nov 5)

02:30 Node 11.2.x Consensus 5.3 Memory Fix, Dingo v0.90.4 & Hydra 32,767 Snapshots

03:03 CIP-0113 RWA in Production, Mesmo GraalVM & Midnight NIGHT SPO Rewards (PR #406)

03:35 Binance Hack Aftermath: Tether Freezes $1.5B, SAFU Drop & Bybit/OKX Deposit Surge

04:24 Governance: SPOs Reject k=1000 (2.2% Yes) & PFMS Gets 2 CC Yes Votes

05:07 Atlas 5x Perps, $SONG Reserves Hit 247,998 ADA & Tea Kingdom 100/100 Sold Out

05:47 Global Crypto: Arbitrum Moves $30M, FATF Inspections & Liquid Restores Reserves

06:12 3 Key Strategic Takeaways & Daily Quiz

💬 QUESTION OF THE DAY: Should Cardano keep the pool saturation parameter at k=500 (~75M ADA) as SPOs voted, or revisit k=1000 once multi-client nodes like Amaru and Dingo are live on mainnet?
📊 Daily on Cardano — Facts over hype. On-chain intelligence for ADA, Midnight ($NIGHT), $SONG, and Bitcoin.
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Data Sources: Koios API, DeFiLlama, Farside Investors, Intersect MBO, SongMarketCap.

Disclaimer: Unofficial briefing. Facts over hype. Not financial advice.