5 hours ago

Grayscale Plans to Stake All ADA in its Cardano ETF: $1 Resistance Looms

TLDR: Grayscale plans to stake all ADA held in its Cardano ETF if regulators approve staking. Staking rewards from the Cardano ETF would flow back to the fund, potentially boosting $GADA value. Cardano price presses long-term $1 resistance, with a breakout opening $1.5–$2 potential range. $ADA trades at $0.8916, gaining 6.92% over the past week [...]

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Source: Blockonomi →