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Why is the Cardano (ADA) Price Up Today?

  • Cardano (ADA) experienced extreme price swings, surging by nearly 20% in the past 24 hours.
  • Bullish momentum could be attributed to the potential listing of ADA on the Gemini exchange.
  • The overall revival of the cryptocurrency sector and a possible dedicated spot ETF launch for ADA in the US also contribute to the price surge.
  • Grayscale's filing and the regulatory review process signify a 70% chance of the ETF going live this year.

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