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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
pluang ai news

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.

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