The probability of SEC approval for a spot Cardano (ADA) ETF by the end of 2025 has surged to 70% according to Polymarket.
Institutions like Grayscale have been heavily accumulating ADA, with the Grayscale’s Digital Large Cap Fund expanding its ADA holdings to over $11 million.
Cardano's integration with BitcoinOS for seamless Bitcoin DeFi operations and innovative zero-knowledge cryptographic protocols has fueled speculation and institutional interest.
Analysts are projecting potential ADA valuations around $3, with expectations of a major price movement in the next 4-6 weeks, potentially leading to gains of 20-100% against Bitcoin.