Grayscale Bets Big on Cardano ETF as Whale Holdings Soar – Why Analysts Are Bullish on ADA’s 2025 Surge

Grayscale just made a power play—filing for a Cardano ETF as ADA whale wallets hit record highs. Cue the institutional frenzy.

Why the sudden faith? Analysts point to Cardano’s relentless protocol upgrades and a staking yield that’s actually sustainable (unlike those meme coins Wall Street won’t touch).

The kicker? ADA’s price action hasn’t even caught up to the holder growth yet. Classic crypto—fundamentals lead, speculation follows. But this time, the ‘smart money’ might already be in.

Bonus jab: Meanwhile, traditional finance still thinks ‘blockchain’ is a Excel macro.

Record Long-Term Holders Signal Strong Investor Confidence

On-chain data shows more than 15 billion ADA tokens have remained untouched for over a year, an all-time high for Cardano. This surge in long-term holding signals DEEP conviction among investors, even during periods of sluggish price performance.

Cardano, known for its research-driven development and scalability focus, has recently gained further attention following the launch of its Midnight privacy protocol. This has strengthened its position in enterprise and privacy-focused blockchain applications, attracting fresh institutional interest.

Technical indicators also suggest bullish momentum is building. ADA has recently broken through the key $0.85 resistance level, and if it sustains above this zone, analysts predict a possible rally toward $1.20, a gain of up to 48% from current levels.

The SEC’s recent approval of in-kind redemption mechanisms for Bitcoin and Ethereum ETFs has boosted market confidence in crypto ETFs overall. Combined with inter-agency regulatory initiatives like “Project Crypto,” which aim to clarify asset classifications, the environment for altcoin ETFs is becoming more favorable.

If approved, the Cardano ETF could draw significant institutional inflows and boost ADA’s liquidity. With long-term holders at record highs and favorable regulatory trends, market analysts remain optimistic. Projections suggest ADA could rally past $1.50 if these factors align.

Cover image from ChatGPT, ADAUSD chart from Tradingview