Cardano Soars Over 17%, Outpacing Bitcoin and Ethereum on Grayscale ETF Hype

Cardano has experienced a remarkable surge of over 17% in price over the past day, propelled by speculation surrounding a potential Grayscale Cardano Trust ETF. This rally outpaced Bitcoin and Ethereum, pushing ADA to the top spot among the day’s top gainers in the crypto market. Traders are closely watching for further developments from Grayscale as they believe an ETF could significantly impact Cardano’s price and accessibility.