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Cardano Price Prediction: Grayscale ADA ETF Expected by October as RWA Proposal Hits the Treasury

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  • A Cardano treasury proposal requesting 1.33M ADA aims to build open-source RWA infrastructure for real estate and agriculture tokenization
  • Grayscale’s ADA ETF is estimated to arrive by October 23, 2026, with S1 amendments setting deadlines across August through October
  • ADA dominance surged 10% over the past week as price broke out of a descending triangle with MACD crossing bullish on the daily

Cardano trades at $0.2771 on May 12, pulling back after breaking a multi-month descending triangle, as a Grayscale ETF deadline lands in October and a 1.33M ADA treasury proposal pushes real-world asset infrastructure onto the network.

ADA Daily Chart: Triangle Breakout With Four FVG Zones Above

Cardano Daily Price Action (Source: TradingView)

The daily structure resolved to the upside. ADA compressed inside a descending triangle from February through late April, lower…

Read The Full Article Cardano Price Prediction: Grayscale ADA ETF Expected by October as RWA Proposal Hits the Treasury On Coin Edition.

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