Cardano Price Expected to Surge 55% with Potential Grayscale ETF Approval

Cardano’s price is poised for a significant surge as the decision on the Grayscale ADA ETF nears. A key deadline of October 27th from the SEC could pave the way for increased ADA investment due to expected approval. The odds are high, with Polymarket polls currently showing an 83% chance of approval this year. This potential approval aligns with a bullish trend fueled by demand for cryptocurrency ETFs as witnessed in Bitcoin and Ethereum funds.