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TronWeekly

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Cardano (ADA) Back in Grayscale GDLC, Sparks Institutional Interest

  • Cardano (ADA) has rejoined Grayscale's GDLC fund, holding a 1.44% portfolio share.
  • ADA surged 300% in late 2024, climbing from $0.3263 to $1.3264 in three months.
  • Analysts predict ADA could reach $7.80 in this bull cycle, mirroring past performance.
  • The return of ADA to the GDLC fund signals increased institutional interest and potential exposure through an ETF conversion.

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