No Result
View All Result
Global Finances Daily
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers
  • Login
Global Finances Daily
No Result
View All Result
Home Crypto

Cardano Gains Institutional Momentum as Smart Contract Fund Exposure Surges

February 24, 2026
in Crypto
0
cardano ada adausd (1)


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Institutional investors are improving exposure to smart contract platforms amid ongoing market volatility, with Cardano (ADA) increasingly becoming a central focus. Recent portfolio adjustments by major crypto asset managers suggest long-term positioning is gaining priority over short-term price movements.

Related Reading: Strategy Makes 100th Bitcoin Purchase, Total Holdings Reach 717,722 BTC

Digital asset manager Grayscale Investments has steadily increased its allocation to Cardano’s ADA token within its Smart Contract Fund, signaling growing institutional interest in the network’s evolving ecosystem and infrastructure strategy.

Cardano ADA ADAUSD ADA price ADAUSD_2026-02-24_11-47-19

ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview 

Institutional ADA Allocation Expands Despite Market Weakness

Grayscale’s latest rebalancing shows ADA accounting for roughly 20.2% of the Smart Contract Platform Select Capped Index (SCPXC), up from about 18.55% at the start of the year. The increase makes Cardano the third-largest holding in the fund, behind Ethereum and Solana, which each command allocations above 28%.

The fund maintains diversified exposure across several smart contract networks, including Hedera, Avalanche, and Sui, while managing approximately $1.8 million in assets under management with a net asset value of $5.81 per share.

The rising allocation comes amid macro-driven pressure on crypto markets, with risk sentiment weakening across major tokens. Despite the downturn, institutional positioning suggests investors are reassessing long-term blockchain infrastructure plays rather than reducing exposure entirely.

Cardano-LayerZero Integration Strengthens Ecosystem Outlook

Alongside institutional accumulation, Cardano (ADA) has introduced technical developments to expand its interoperability. The network recently integrated with LayerZero, enabling cross-chain messaging and asset transfers across more than 80 blockchain networks.

The upgrade allows dApps on Cardano to interact directly with ecosystems such as Ethereum and Solana, addressing long-standing liquidity fragmentation challenges. Developers can now move assets and data across chains without relying heavily on wrapped tokens or centralized bridges, potentially widening DeFi access.

Additional roadmap initiatives, including protocol upgrades, privacy-focused sidechains, and stablecoin integrations, are designed to improve scalability and attract institutional-grade use cases over the coming year.

Price Structure Remains Fragile Near Key Support

While institutional signals have strengthened, ADA’s market structure remains under pressure. The token is trading around $0.25 after a prolonged downtrend from January highs around $0.42.

Analysts are closely monitoring the $0.24 level, a long-standing demand zone that has historically attracted buyers during periods of heavy selling.

Related Reading: CZ Eyes Binance US Expansion Following Withdrawal Of SEC’s Lawsuit – Report

Technical indicators remain cautious, with resistance forming near the $0.30–$0.31 range. A sustained move above that zone could shift short-term sentiment, while a breakdown below support may expose lower historical price areas.

Cover image from ChatGPT, ADAUSD chart on Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Editorial Team

Editorial Team

Related Posts

Bitcoin ETFs hit 5-day inflow streak as price climbs back above $93k
Crypto

Bitcoin price defends $62,000, low volume signals weakness

February 24, 2026
Stripe weighs PayPal acquisition as PayPal shares jump 7%
Crypto

Stripe weighs PayPal acquisition as PayPal shares jump 7%

February 24, 2026
Coinbase Opens Commission-Free Stock and ETF Trading to All US Users
Crypto

Coinbase Opens Commission-Free Stock and ETF Trading to All US Users

February 24, 2026
Morgan Stanley submits application for Bitcoin, Ethereum, and Solana ETFs; LeanHash becomes a new option for cryptocurrency holders
Crypto

Solana price forms sfp pattern at support, bottom in?

February 24, 2026
Coinbase launches full stock trading access for US users
Crypto

Coinbase launches full stock trading access for US users

February 24, 2026
XRP
Crypto

Here’s The Most Important XRP Development That No One Is Talking About

February 24, 2026
Load More
Next Post
Samsung's February Security Patch Is Now Available on These Devices

Samsung's February Security Patch Is Now Available on These Devices

Popular News

  • The 10 best banks for college students in 2025

    The 10 best banks for college students in 2025

    0 shares
    Share 0 Tweet 0
  • How to Contact Hilton Customer Service

    0 shares
    Share 0 Tweet 0
  • Top companies hiring August 2023

    0 shares
    Share 0 Tweet 0
  • I Used Monarch Money for 30 Days: Here’s What Happened

    0 shares
    Share 0 Tweet 0
  • US judge dismisses xAI trade-secrets lawsuit against rival OpenAI for now

    0 shares
    Share 0 Tweet 0

Latest News

Now Discord Is Saying It's Delaying Global Age Verification

Now Discord Is Saying It’s Delaying Global Age Verification

February 24, 2026
0

Since it was announced a little over a week ago, Discord's global age verification rollout has been a bit of...

Bitcoin ETFs hit 5-day inflow streak as price climbs back above $93k

Bitcoin price defends $62,000, low volume signals weakness

February 24, 2026
0

Bitcoin price is holding above $62,000 support, but weak volume participation raises concerns that the current bounce lacks strength and...

US imposes cyber-related sanctions on Russian, UAE individuals and entities

US imposes cyber-related sanctions on Russian, UAE individuals and entities

February 24, 2026
0

US imposes cyber-related sanctions on Russian, UAE individuals and entities

Condé Nast Traveler

The Best Beaches in Spain, From the Baeleric Islands to the Northern Coast

February 24, 2026
0

As a country surrounded by water on three sides, it’s unsurprising that the best beaches in Spain encompass a delightful...

Global Finances Daily

Welcome to Global Finances Daily, your go-to source for all things finance. Our mission is to provide our readers with valuable information and insights to help them achieve their financial goals and secure their financial future.

Subscribe

  • About Us
  • Contact
  • Privacy Policy
  • Terms of Use
  • Editorial Process

© 2025 All Rights Reserved - Global Finances Daily.

No Result
View All Result
  • Alternative Investments
  • Crypto
  • Financial Markets
  • Investments
  • Lifestyle
  • Protection
  • Retirement
  • Savings
  • Work & Careers

© 2025 All Rights Reserved - Global Finances Daily.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.