Overview
- Grayscale increased ADA’s weight to roughly 20.2%–20.34%, making it the fund’s third‑largest holding behind Solana and Ethereum.
- Cardano trades around $0.25–$0.27 after a month‑long slide of about 22%–25%, with multi‑year support flagged near $0.24 and downside risk if that level fails.
- Derivatives activity has cooled, with futures open interest down about 4.25% to $424.84 million and funding turning negative, pointing to reduced speculative exposure.
- Midnight, Cardano’s privacy sidechain, named MoneyGram, Vodafone and eToro as validators and is targeting a March mainnet launch.
- Santiment reported on Feb. 25 that wallets holding 100,000–100 million ADA added 819.4 million tokens over six months (about $213.9 million), a buildup that does not ensure an immediate price reversal.