Cardano witnessed some important developments in the last few days, while its native token experienced a substantial pullback. We will explore these topics further in the following lines.
Grayscale shows further support for Cardano
Earlier this year, the leading digital asset manager, Grayscale, added Cardano (ADA) to its Smart Contract Fund. The investment vehicle provides accredited investors indirect exposure to a diversified portfolio of cryptocurrencies associated with smart contract platforms.
The entity recently rebalanced the fund, solidifying Cardano as its third-largest holding at 22.91%. Ether (ETH) and Solana (SOL) are at the first two spots, with a respective share of 30.92% and 29.05%.
On the other hand, Cardano is ahead of Avalanche (AVAX), Sui (SUI), and Polkadot (DOT), whose combined weight is around 17%.
Partnership with Ripple on the way?
Ripple’s post on X, uploaded at the start of the week, stirred excitement among the community that a collaboration with Cardan
We współpracy z: https://cryptopotato.com/cardano-news-today-april-9th/
