Cardano (ADA) Could See Renewed Interest After Grayscale Multi-Token ETF Inclusion and Hoskinson’s Bullish Post Despite 70% Drop

ADA

ADA/USDT

$0.2954
+0.37%
24h Volume

$594,877,767.27

24h H/L

$0.3050 / $0.2817

Change: $0.0233 (8.27%)

Long/Short
72.7%
Long: 72.7%Short: 27.3%
Funding Rate

+0.0045%

Longs pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.2954

1.27%

Volume (24h): -

Resistance Levels
Resistance 3$0.3647
Resistance 2$0.3149
Resistance 1$0.2997
Price$0.2954
Support 1$0.2951
Support 2$0.2819
Support 3$0.2685
Pivot (PP):$0.295133
Trend:Downtrend
RSI (14):33.4
(05:51 AM UTC)
6 min read

Contents

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  • Hoskinson’s bullish X post and DC visit reignited market attention on Cardano.

  • Grayscale’s multi-token ETF approval by the SEC includes ADA exposure and may drive demand, per ETF analyst Nate Geraci.

  • According to CoinGecko, ADA trades at $0.922, roughly 70% below its September 2021 all-time high.

Cardano price update: Cardano price near $0.92 after Hoskinson’s bullish post and SEC ETF approval — track ADA momentum and ETF inflows now.




How will Cardano price react to Charles Hoskinson’s bullish post and the Grayscale ETF approval?

Cardano price regained market focus after Charles Hoskinson’s bullish X post and a Grayscale multi-token ETF that includes ADA won SEC approval. Short-term price movement will depend on ETF demand, macro sentiment, and on-chain activity; fundamentals remain tied to development progress and regulatory signals.

What did Charles Hoskinson say and why does it matter?

Charles Hoskinson, CEO of Input Output, posted an upbeat message on X about Cardano “breaking the internet,” following a Washington, DC visit where he reported progress on crypto market structure talks. The comment drove social attention and renewed speculation about institutional interest and roadmap milestones.

What does the Grayscale multi-token ETF approval mean for Cardano?

The SEC’s approval of Grayscale’s multi-token ETF, which lists ADA among other tokens, formally opens a potential channel for institutional capital into ADA. ETF analyst Nate Geraci has forecast significant demand for multi-token products, which could support inflows to ADA proportional to the fund’s token weightings.

How big is ADA’s recent drawdown and current market position?

According to CoinGecko data, ADA is down about 70% from its September 2021 record high. ADA currently trades at $0.922 and ranks as the 10th largest cryptocurrency by market capitalization. These metrics frame investor expectations for recovery versus structural adoption gains.

How should traders and investors interpret this news?

Treat the combination of a high-profile industry post and ETF approval as a catalyst, not a guarantee. Monitor ETF inflows, on-chain activity, staking metrics, and ecosystem partnerships to assess whether price momentum is sustainable. Risk management remains essential given ADA’s long-term drawdown.

Cardano price snapshot
Metric Value
Current price (ADA) $0.922
All-time high (Sep 2021) ≈ $3.07
Drawdown from ATH ~70%
Market rank #10 by market cap


Frequently Asked Questions

How much did ADA fall from its all-time high?

ADA is down roughly 70% from its September 2021 peak. That decline reflects a combination of broad crypto market weakness and token-specific adoption and development timelines.

Is the Grayscale ETF approval a buy signal for ADA?

It is a bullish catalyst that increases accessibility for institutional investors, but investors should combine ETF flow monitoring with on-chain activity and project milestones before treating it as a standalone buy signal.

Key Takeaways

  • Bullish catalyst: Hoskinson’s X post and the Grayscale ETF approval renewed attention on ADA.
  • Price context: ADA trades near $0.922, about 70% below its Sep 2021 ATH, and is #10 by market cap.
  • Actionable insight: Watch ETF inflows, token weighting, on-chain metrics, and regulatory news to gauge sustainable impact.

Conclusion

Cardano price momentum is being tested by a mix of social-led optimism from Charles Hoskinson and institutional pathways created by the Grayscale multi-token ETF approval. Monitor ETF flows, developer activity, and regulatory clarity to assess durability of any rally. COINOTAG will continue tracking updates and market data.



Published: 2025-09-19 | Updated: 2025-09-19

Author: COINOTAG. Data sources referenced as plain text: CoinGecko price data, ETF analyst Nate Geraci commentary, and public statements by Charles Hoskinson on X.

JM

James Mitchell

COINOTAG author

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