Cardano (ADA) Price: Grayscale Increases Holdings Before CME Futures Launch

TLDR

• Cardano (ADA) price increased 3% to $0.267, with some reports showing gains up to 10% as the token recovered from recent lows near $0.22
• Midnight (NIGHT) token surged 15% to $0.0535, boosting overall market sentiment for the Cardano ecosystem
• Grayscale raised Cardano’s allocation in its Smart Contract Fund from 18.55% to 19.50% as of February 5, 2026
• Large ADA holders accumulated approximately $40 million worth of tokens, with wallets holding 10-100 million ADA increasing their balances from 13.41 billion to 13.56 billion
• CME will launch Cardano futures contracts on February 9, 2026, offering both standard contracts of 100,000 ADA and micro contracts of 10,000 ADA

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Cardano’s native token ADA has recovered from recent lows. The token climbed nearly 10% to trade around $0.27 after dropping close to $0.22 earlier this week.

Cardano (ADA) Price

The recovery follows Bitcoin’s 3% price increase. This helped lift the broader cryptocurrency market. The total crypto market cap increased by 2.73% to $2.33 trillion after hitting lows on February 6.

ADA stayed above short-term support levels during the decline. This showed buyers remained interested in the token. The price action suggests a shift in market sentiment.

Grayscale has increased its Cardano holdings in the Smart Contract Fund. The investment firm raised ADA’s allocation from 18.55% to 19.50% as of February 5, 2026.

Grayscale manages over $35 billion in crypto assets. The increased allocation shows the firm’s confidence in Cardano’s future. ADA now ranks as the third-largest holding in the fund.

Ethereum holds the top position at 29.10%. Solana comes second with 29.40%. Other holdings include Avalanche at 7.75%, Sui at 7.18%, and Hedera at 7.07%.

Whale Accumulation During Price Dip

Data from Santiment shows large ADA holders bought during the recent price drop. Wallets holding between 10 million and 100 million ADA increased their combined balances.

Source: Santiment

These wallets grew from 13.41 billion to 13.56 billion ADA since early February. This represents approximately $40 million worth of token accumulation.

The mid-sized whales held their positions during the crash. Their holdings remained stable even when prices briefly fell to $0.22.

The Midnight token also contributed to positive market sentiment. NIGHT surged 15% to reach $0.0535 within 24 hours. The move came with increased trading volume.

CME Futures Launch Set for February 9

Cardano futures will launch on the CME exchange on February 9, 2026. The new contracts will give institutional investors regulated access to ADA trading.

CME will introduce standard contracts of 100,000 ADA. The exchange will also offer micro contracts of 10,000 ADA.

The launch could increase liquidity in the Cardano market. It may also bring more professional participation to ADA trading.

Technical indicators show mixed signals for ADA. The Relative Strength Index sits at 44, indicating a neutral position. The Moving Average Convergence Divergence shows a bullish divergence.

The MACD histogram displays rising green bars. This suggests the upward trend could continue in the short term. The MACD line is approaching the signal line.

ADA faces resistance at $0.30. A breakout above this level could push the price toward $0.35. If the token fails to break $0.30, a pullback to $0.25 may test current support levels.

The weekly chart shows ADA forming higher lows near the $0.26 support zone. The price is testing a long-term resistance line that has blocked earlier rallies. A weekly close below $0.20 would weaken the current bullish structure.

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