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Cardano (ADA) ETF Approval Odds Surge in the US After Key Development: Details

TL;DR The SEC acknowledged Grayscale’s application to introduce a spot ADA ETF in America. The asset manager also seeks to convert its XRP Trust into an ETF, with similar filings pushing the approval odds to 74% before the end of 2025. The Chances Are Rising Over the past few months, there has been a bunch of companies displaying their intentions to launch spot crypto exchange-traded funds (ETFs) in the United States. Among the most active entities in this field is the world’s largest digital asset manager – Grayscale . The organization officially filed for a Cardano (ADA) exchange-traded fund with the New York Stock Exchange on February 10. Several hours ago, the SEC acknowledged Grayscale’s application. The move marks the beginning of the regulatory review process, which usually lasts 240 days. The SEC’s acknowledgment has increased the chances of the product seeing the light of day before the end of 2025. According to Polymarket, the odds have risen from 52% on February 24 to 66% as of now . A potential green light will allow investors to gain exposure to ADA without purchasing it from exchanges or worrying about self-custody methods. This could have a positive effect on the price in the long term. As of now, though, Cardano’s native token is not in the best shape. It trades at around $0.64 (per CoinGecko’s data), representing a 12% daily decline . Its drop aligns with the broader collapse of the cryptocurrency market , where Bitcoin (BTC) crashed below $90,000, while Ethereum (ETH) dipped under $2,400. As CryptoPotato reported , the sector’s decline negatively affected some over-leveraged traders. The total value of liquidated positions in the last 24 hours surged past $1 billion. Grayscale’s XRP-Related Efforts The entity also recently sought regulatory approval to convert its existing XRP Trust into an exchange-traded fund. Earlier this month, the SEC acknowledged that application, triggering a substantial uptick in the price of the underlying asset . Other well-known companies willing to introduce an XRP ETF in America include 21Shares and Bitwise. The Commission has also acknowledged their filings. According to numerous industry participants the launch of such an investment vehicle might be just around the corner, whereas Ripple’s CEO has asserted multiple times that this is “inevitable.” The chances of an approved XRP ETF in the US before the end of 2025 currently stand at 74% (per Polymarket). The post Cardano (ADA) ETF Approval Odds Surge in the US After Key Development: Details appeared first on CryptoPotato . Finbold

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Move Over Solana—This New Crypto Is Poised for a 30,000% Surge in 2025!

The post Move Over Solana—This New Crypto Is Poised for a 30,000% Surge in 2025! appeared first on Coinpedia Fintech News A new cryptocurrency is set to outpace Solana, with experts predicting an astonishing 30,000% growth by 2025. This digital asset is gaining attention for its potential to deliver extraordinary returns. Discover what makes this crypto stand out and why it could become the next major opportunity in the market. XYZVerse: The Best New Meme Project You Can’t Afford to Bench! XYZ is your exclusive VIP pass to a sports-driven, meme-fueled revolution. Think of it as the MVP of the XYZVerse ecosystem, where crypto enthusiasts can score big off the growing demand for meme coins. But every revolution needs a hero—someone willing to fight against the odds and push the $XYZ token to the top. That hero is XYZepe , the masked fighter, the true believer, the relentless $XYZ holder whose mission is to bring XYZVerse to the #1 spot on CoinMarketCap. It’s about proving that underdogs can rise to greatness. With millions of sports fans ready to hit the field, the XYZVerse ecosystem is set to keep expanding—and your rewards will slam dunk through the roof! And here’s a highlight reel moment: XYZVerse has been officially recognized as the Best NEW Meme Project—a title that underscores its explosive potential in the meme coin arena. XYZ presale is your first-quarter chance to get in before the mind-blowing explosion! Meme coins are the undisputed champions of the crypto world, and XYZ is set to crush the competition. Currently priced at $0.0025, $XYZ remains an undervalued crypto gem poised to rise to $0.1 at the final presale stage. But victory doesn’t happen overnight—it takes dedication, strategy, and a fighter willing to go the distance. XYZepe knows the battle ahead, but with the community behind him, he’s taking $XYZ to legendary status. With upcoming listings on major CEX and DEX platforms, rock-solid defense in the form of audited smart contracts, and a fully vetted team, XYZ is already ahead of the game. The first-mover advantage is key here—get in before the crowd storms the field, and you’ll be sitting on way bigger returns! XYZepe is fighting for glory—will you stand with him? Solana Shows Signs of Reversal Amid Oversold Conditions Solana (SOL) is trading between $156.08 and $184.87, experiencing a recent decline with a 1-week price change of -15.28% and a 1-month change of -36.95%. Despite the bearish trend, technical indicators like the Relative Strength Index at 26.79 and the Stochastic at 25.85 suggest that the asset is oversold and may be poised for a bullish reversal. The current price is hovering around the 10-day Simple Moving Average of $162.26, below the 100-day SMA of $171.39, indicating potential for upward movement. If bullish momentum returns, Solana could target the nearest resistance level at $201. Breaking through this level might open the path to the second resistance at $230, which would represent an increase of about 30% from current prices. On the downside, if the bearish trend persists, the nearest support level is at $144.12, with a further drop potentially leading to the second support at $115.33. As many anticipate a forthcoming altcoin season and a global crypto bull run, Solana’s price action is closely watched for signs of recovery and growth. Conclusion Though SOL and others have shown promise, XYZVerse (XYZ) uniquely blends sports and meme culture, aiming for remarkable growth and community success in 2025. You can find more information about XYZVerse (XYZ) here: Site , Telegram , X Finbold