Grayscale to Stake ADA in Cardano ETF as Price Tests Resistance Levels
Grayscale plans to stake all of its ADA holdings in the Cardano ETF as the cryptocurrency approaches a crucial resistance level of 1. As Cardano attempts to break through this price barrier, investor interest is surging. This strategy by Grayscale is anticipated to enhance the fund’s market position, maximizing returns for its investors. Analysts recommend keeping a close watch on how ADA’s performance unfolds in the coming days as momentum builds. If Cardano successfully surpasses 1, it could lead to significant price action in both directions within the market.