Cardano ETFs Spark Optimism for Altcoins – Dot & Link Surge

Cardano’s potential for an SEC-approved Exchange-Traded Fund (ETF) has ignited a buzz in the cryptocurrency market, fueling rallies for tokens like DOT and LINK. Grayscale’s updated S-1 filing with the SEC to advance its Cardano ETF proposal pushed the industry towards heightened expectations. This has translated into increased investor confidence, pushing ADA prices past resistance of $0.85 and analysts predicting a possible surge to $1.00 or even beyond if support holds. 87% probability of an SEC approval suggests a strong chance for success.