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Cardano ETF Approval Now 55% Likely – ADA Network Activity Spikes as Traders Bet Big
Cardano ETF Approval Now 55% Likely – ADA Network Activity Spikes as Traders Bet Big
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Wall Street’s sudden love affair with Cardano sends ADA transactions soaring – just don’t ask if they understand how proof-of-stake works.
Why the surge? BlackRock’s Bitcoin ETF cash grab worked so well, even mid-tier alts are getting the speculative treatment now. The ’smart money’ needs new narratives to sell.
Behind the numbers: On-chain data shows whale accumulation patterns mirroring early Bitcoin ETF rumors. Retail FOMO kicks in every time the 55% probability gets tweeted by ’sources familiar’.
The cynical take: When SEC approval would literally print money for crypto bros and bankers alike, don’t bet against regulatory capture masquerading as progress.
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