Will Cardano Reach $1 With Grayscale’s ETF Approval?

Cardano’s native token ADA is experiencing an upward surge, with prices jumping 1.2% intraday and exceeding the crucial $0.7703 mark, above both the 50-day and 200-day golden cross levels. The recent optimism stems from a strong possibility of Grayscale’s application for an ADA ETF SEC approval being successful. This development could signal a significant shift in adoption across institutional circles. If approved, Cardano’s price is expected to experience a major surge.