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Cardano surges 29% after T.Rowe Price adds ADA to its Active Crypto ETF

Market News
24 Aug 2026
Blockonomi
View Source
Bullish
Cardano surges 29% after T.Rowe Price adds ADA to its Active Crypto ETF

Cardano (ADA) jumped 29% last week following T.Rowe Price's inclusion of ADA in its Active Crypto ETF with a 0.43% allocation, boosting investor confidence. The token now trades around $0.22, supported by rising decentralized exchange activity and network growth. However, some large holders have started selling, and short-term trader sentiment appears cautious. ADA faces resistance at its 200-day moving average near $0.249, with potential to reach $0.29 if it breaks through.

More News (ADA)

Cardano blockchain helps 30+ Georgian wineries fight counterfeit wine with QR code verification.

Cardano blockchain helps 30+ Georgian wineries fight counterfeit wine with QR code verification.

More than 30 wineries in Georgia now use the Cardano blockchain to combat counterfeit wine by enabling buyers to verify a bottle's origin through a QR code scan. Over 100,000 bottles are traceable on-chain, providing a digital fingerprint and metadat...

Protocol Fundamentals
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12 hours ago
Cardano founder develops 'Midnight' to solve crypto issues, eyes completion after Leios upgrade.

Cardano founder develops 'Midnight' to solve crypto issues, eyes completion after Leios upgrade.

Charles Hoskinson, founder of Cardano, is working on 'Midnight,' a project he calls the magnum opus of his career, aimed at solving major problems in the cryptocurrency space. He indicated that after the upcoming Leios upgrade, which enhances Cardano...

Protocol Fundamentals
Neutral
13 hours ago
Cardano founder is developing a new blockchain programming language using zero-knowledge proofs.

Cardano founder is developing a new blockchain programming language using zero-knowledge proofs.

Charles Hoskinson, founder of Cardano, announced he is personally developing a new programming language for the Cardano blockchain that uses Groth16 zero-knowledge proofs and proof-carrying data (PCD). He is collaborating with Lucas Rosa, co-creator ...

Protocol Fundamentals
Bullish
13 hours ago
Cardano's ADA price seen rising to $1 soon and $2 by 2027, despite recent dip to $0.216.

Cardano's ADA price seen rising to $1 soon and $2 by 2027, despite recent dip to $0.216.

Cardano's native token ADA was priced at $0.216 on October 19, down nearly 13% from a week earlier. Analyst MasterAnanda predicts ADA could reach $1 in the coming months and $2 by 2027, with a possibility of hitting $3 or higher eventually. The curre...

Analyst Insights
Bullish
13 hours ago
Cardano (ADA) trades slightly up at $0.22, facing resistance near $0.23-$0.24 levels.

Cardano (ADA) trades slightly up at $0.22, facing resistance near $0.23-$0.24 levels.

Cardano (ADA) was trading at around $0.22 on Binance, showing a modest 1.04% increase over 24 hours but still below resistance levels near $0.23 to $0.24. Technical indicators suggest the token is in oversold territory, though this does not guarantee...

Technical Signals
Neutral
21 hours ago
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