Cardano could show resilience as unique wallets reach 4.83M while ADA trades near key support after Grayscale allocation

• 4.83M unique wallets — 18% annual growth

• Grayscale assigns 18.57% allocation to Cardano in its smart contract fund.

• ADA price near $0.874 with key support at $0.837; hourly death cross signals short-term bearish pressure.

Cardano unique wallets surge to 4.83M, showing 18% growth and rising institutional interest; read latest price and technical outlook.

What is driving Cardano wallet growth and institutional interest?

Cardano unique wallets rose to 4.83 million, reflecting 18% year-over-year growth, driven by expanding real-world projects and increased institutional allocations. ReserveOne’s report and adjustments from asset managers such as Grayscale point to higher investor confidence and fresh capital inflows into ADA.

How significant is the ReserveOne report and Grayscale allocation?

The ReserveOne report—titled “Cardano by Numbers”—highlights $73M in yearly institutional inflows and the network’s rising user base. Grayscale restructured its smart contract platform fund to include Cardano at an 18.57% allocation, a meaningful exposure for a single protocol within a diversified smart-contract fund.

Cardano’s growth metrics suggest broadening adoption. ReserveOne (report name: Cardano by Numbers) and Cardanians (community data) corroborate the 4.83M wallet figure. These data points indicate expanding developer activity and on-chain usage supporting ADA’s utility narrative.

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