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


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 seeks to build open-source RWA infrastructure for real estate and agriculture tokenization, and Grayscale’s ADA ETF S-1 amendments set deadlines across August–October with an estimated ETF arrival by October 23, 2026. Market reaction is positive: ADA traded at $0.2771 on May 12 after dominance surged 10% over the past week as price broke out of a multi-month descending triangle and the daily MACD crossed bullish, suggesting potential crypto adoption upside for Cardano, DeFi and tokenization activity.

Bullish

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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…

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Coins

$ 0.169

+1.19%

$ 0.00155

-0.25%

$ 0.00132

+1.23%

Predictions Markets

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