**Cardano (ADA) Added to Grayscale’s Digital Large Cap Fund ETF, Boosting Institutional Access**
Cardano (ADA) has been included in Grayscale Investments’ Digital Large Cap Fund (GDLC) ETF, which officially launched on the New York Stock Exchange on October 27, 2025. This milestone marks a significant step forward for institutional access to ADA, providing traditional financial investors with another regulated avenue for exposure to the cryptocurrency.
Following the announcement, ADA’s price rose by 1.75% over the past 24 hours and gained 5% during the previous week. At the time of writing, ADA is trading at $0.6615 with a market capitalization of $23.73 billion. The 24-hour trading volume stood at $495.61 million, although this represents a 31.1% decrease compared to the previous day.
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**Institutional Confidence and Network Growth**
Crypto analyst Mintern highlighted that the launch of Grayscale’s GDLC ETF underscores growing institutional confidence in Cardano. The ETF not only increases liquidity but also strengthens the link between traditional finance markets and digital assets.
Meanwhile, developer activity on the Cardano network continues to thrive. On-chain metrics reveal ongoing accumulation by network participants, while the blockchain’s expanding DeFi and smart-contract ecosystem have maintained steady growth throughout 2025.
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**Key Price Support and Resistance Levels**
Analyst Ali identifies $0.63 as a crucial support level for ADA. Holding above this price point could open targets at $0.85 and potentially $1.70. Conversely, if the support breaks, ADA’s price might fall to around $0.52.
Currently, ADA’s price action is near a decision point. The bulls have successfully defended the $0.63 level so far, but upcoming moves will depend heavily on whether this support remains intact.
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**Technical Indicators Overview**
– **Bollinger Bands:** ADA is trading near the middle band at the 20-week simple moving average, indicating moderate volatility. The upper band is positioned at $0.99, with the lower band at $0.52.
– **Relative Strength Index (RSI):** At 52.64, the RSI suggests neutral momentum, representing a balance between buying and selling pressures.
– **MACD:** The MACD histogram shows slightly negative momentum, as the MACD line remains below the signal line, signaling caution without a strong bearish trend.
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**Optimistic Long-Term Projections**
Technical analyst The DApp ₳nalyst published a bullish forecast suggesting that ADA could reach between $5 and $7 within 6 to 12 months. This projection is based on Fibonacci extensions and parallels to Cardano’s 2020-2021 rally.
Key supporting factors include:
– A bullish Stochastic RSI signal on the monthly chart
– Higher lows since early 2023
– An accumulation pattern similar to the one preceding the 2021 rally above $3.00
Fibonacci target levels outlined in the analysis are $1.98, $2.47, $4.85, and $7.71. These outcomes depend on continued momentum and a favorable broader crypto market environment.
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**Cardano’s Current Market Structure**
ADA currently trades above key moving averages and has bounced off long-term support levels around $0.25 to $0.30. The price has been forming an ascending structure typical of trend reversals, paving the way for potential upward movement.
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**Conclusion**
Cardano’s integration into Grayscale’s Digital Large Cap Fund ETF is a strong signal of growing institutional acceptance. With recent price gains, solid support levels, and positive technical outlooks, ADA appears positioned for further growth — provided that critical support holds and overall market conditions remain supportive.
https://coincentral.com/cardano-ada-price-grayscale-etf-listing-opens-door-for-institutional-investors/
