According to @ItsDave_ADA, the Grayscale Smart Contract Fund has allocated 17.81% of its total holdings to Cardano (ADA) (source: @ItsDave_ADA). The author attributes ADA’s share to security, reliability, peer-reviewed research-driven development, programming language diversity, and growing institutional adoption, describing the allocation as impressive within the fund’s smart contract basket (source: @ItsDave_ADA).