February 24 News, according to the latest investment portfolio disclosure by digital asset management firm Grayscale Investments, its allocation to Cardano (ADA) has increased, now accounting for approximately 20.20%, ranking third in the portfolio, only behind Solana and Ethereum. This change in allocation is interpreted by the market as continued institutional recognition of Cardano’s long-term fundamentals and smart contract ecosystem.
It is noteworthy that this increase occurred amid escalating macroeconomic turbulence. Uncertainty in U.S. policy has intensified, with Trump-related tariff comments sparking risk aversion sentiment, causing Bitcoin to temporarily fall below a key psychological level, and leading mainstream cryptocurrencies to come under pressure, with ADA unable to strengthen independently.
From a technical perspective, ADA is currently priced around $0.257, still in a downward channel on the daily chart. Since reaching nearly $0.42 in January 2026, it has continued to form lower highs and lower lows. The $0.30–$0.31 range has become a short-term strong resistance. If it cannot break through effectively, this range will continue to suppress the rebound potential. The $0.24 level below constitutes a short-term critical support, while around $0.22 corresponds to a recent structural bottom area. If this support is broken, further declines may be triggered.
Momentum indicators show marginal signs of improvement, with bearish momentum weakening, but the balance of power still favors sellers, indicating that market sentiment has not fully recovered. The increased institutional allocation has boosted market discussions around “ADA long-term value,” “Cardano institutional holdings,” and “ADA price trend in 2026,” but the short-term price movement remains highly dependent on macroeconomic conditions and Bitcoin stabilization. Until risk appetite in the market clearly recovers, ADA is likely to maintain a consolidation and correction pattern, awaiting new trend catalysts.
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