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Recent Cardano (ADA) Developments, Interesting ETH Price Predictions, and More: Bits Recap May 30

  • The SEC delayed its decision on Grayscale’s spot ADA ETF, while whales accumulated millions of tokens last week.
  • Despite short-term volatility, ETH is up 45% monthly, with analysts forecasting a push beyond $3,000 in June.
  • XRP has surged 322% over the past year, but with 98% of its supply now in profit, Santiment warns of a higher risk of profit-taking and a possible short-term correction.
  • Key updates include the SEC's delay on Grayscale's ADA ETF decision, ADA whales accumulating tokens, potential bullish momentum for Cardano, ETH's monthly rise and price predictions to surpass $3,000, and XRP's significant 322% increase with caution due to high supply in profit.

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