Cardano on the upswing: does the boom come through ETFs and new technology?

Cardano on the upswing: does the boom come through ETFs and new technology?

Europa - When we talk about the future of cryptocurrencies, Cardano should not be missing. Current developments show that Cardano acts as a promising player in the cryptom market. Grayscale has adapted its assignment in the Smart Contract Platform Fund and increased the proportion of Cardano to 18.5%. Cardano is now the third largest holding company in this renowned fund, behind Ethereum and Solana. This also has a positive impact on the ADA's price, which after this change recorded an upward trend. A “golden cross” in technical chart analysis could indicate an upcoming rally that gives many investors hope.

But what does the regulatory landscape look like? Current speculations indicate the possible approval of a Spot ETF for Cardano. The first official applications for ETFs in connection with XRP, Solana and Cardano have not yet been submitted, but interest grows. The permits for Bitcoin and Ethereum ETFs create a legal framework that could also be important for these old coins. Nevertheless, Cardano, XRP and Solana are contrasted with regulatory challenges that still have to be clarified. In particular, the uncertainty about whether these cryptocurrencies are classified as securities or raw materials could delay the process.

The role of Cardano in the Defi sector

Cardano not only focused on the price movements, but also develops exciting technologies. The Reeve project strives to integrate traditional accounting systems with blockchain in order to ensure reliable and transparent financial reporting for decentralized organizations. This progress could be important for small and medium-sized companies in Europe that are interested in the implementation of safe crypto salary systems. Interest in such systems grows not only in tech companies, but also in the areas of gaming and freelancing.

However, the regulatory hurdles in the defi sector should not be underestimated. The Bank for International Settlements (bis) has expressed concerns about the use of permitted systems such as Cardano. The Cardano Foundation has campaigned for clearer guidelines and better dialogue with the regulatory authorities.

market and effects

Analysts report mixed opinions on the sustainability of the price increase in Cardano. While some predictions expect an increase to up to $ 5.66 by the end of 2025, others are more careful. If a Spot ETF is approved for Cardano, this could facilitate access to wider cryptoma markets and increase liquidity. Such a step would significantly increase the mainstream acceptance and continue to focus on the token in question.

• reinforced market transparency: regulations create clear guidelines for ETF providers and promote the trust of investors.
• increased market security: clear rules reduce uncertainties and support the growth of the ETF market.
• Permanent effects on the ETF industry: Regulation helps to build a stable market for cryptocurrency ETFs and make attractive offers.

The upcoming elections and possible changes in the leadership of the SEC could influence the time frame for the permits of spot ETFs. It is expected that clarity could prevail by the end of 2025 or early 2026.

For further information on the location of Cardano and the ETF permits, visit the OneSafe,) Fingerlakes1 and and KDJ.