Cardano (ADA) Price Surges 29% as T.Rowe Just Added ADA to Its ETF - What’s Next?

TLDR

• Cardano rose 29% last week, partly driven by T.Rowe adding ADA to its Active Crypto ETF with a 0.43% allocation
• ADA is trading around $0.220–$0.223, facing resistance near the 200-day EMA at $0.249
• Whale wallets shed 100 million tokens since Saturday, signaling profit-taking
• DEX volumes on Cardano jumped from $4.15 million to $16.1 million in just two days
• The long-to-short ratio sits at 0.72, reflecting bearish short-term sentiment among derivatives traders

Cardano (ADA) is trading around $0.220 on Monday after a strong 29% rally last week. The gains were driven by positive market sentiment and the news that T.Rowe Price added ADA to its Active Crypto ETF.

T.Rowe Price is an asset manager with $1.87 trillion in assets under management. The firm launched its Active Crypto ETF (TKNZ) in July 2026, initially holding Bitcoin and several altcoins, but not Cardano. The fund has since been updated to include ADA with a 0.43% weighting. It currently holds 416,620 ADA, valued at around $81,000.

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