Cardano Price Rises as Grayscale Boosts Allocation, Pepeto Attracts $9.5 Million

Grayscale's recent decision to increase its allocation to Cardano has sent shockwaves through the cryptocurrency market. The move has boosted the price of ADA, with analysts predicting it could reach $0.312 by end of May. This prediction is based on volume expansion and steady buying pressure.

The Van Rossem hard fork, which is set to upgrade Node v11.0.1, will further boost speed and governance in the Cardano network. This has given bulls a technical edge heading into the rest of May.