Cardano (ADA) Poised for 18,750x Surge—ETF Buzz Fuels Historic Rally
Cardano’s ADA isn’t just knocking on the door of a breakout—it’s kicking it down. With whispers of a potential ETF hitting the market, historical data suggests a jaw-dropping 18,750x upside. Buckle up.
The ETF Effect
Wall Street’s latest crypto crush? Cardano. An ETF could send ADA into orbit—just ask Bitcoin’s 2021 bull run. Traders are front-running the hype, stacking ADA like it’s 1999 dot-com stock.
The Math That’ll Make Your Head Spin
18,750x isn’t a typo. It’s the kind of number that turns skeptics into believers—or sends them screaming into the arms of their financial advisors. Cardano’s past cycles hint at parabolic moves, and this time, the stars (and ETFs) might align.
A Cynical Footnote
Because no crypto rally is complete without it: ‘This time it’s different’—said every bagholder before the crash. But hey, at least the hopium smells fresh.
With Cardano (ADA) being a proof-of-stake (PoS) blockchain platform meant to trigger positive global change across visionaries, innovators, and changemakers, the 10th-largest cryptocurrency continues to attract notable attention.
As a result, renowned market analyst Ali Martinez recently acknowledged that, based on historical data, Cardano was eyeing an 18,750x increase in price level from the current one of $0.59.
Martinez pointed out, “If historical data is any guide, cardano could be at the very beginning of a monster parabolic rally.”
Crypto analyst Nala echoed these sentiments and stipulated that history was repeating itself, and ADA was getting ready to explode soon.
Will a Cardano ETF See the Light of Day?
Since leading asset management firm Grayscale recently filed for a Cardano exchange-traded fund (ETF) with the New York Stock Exchange, fingers remain crossed on whether it will get the green light.
This is because ETFs play an instrumental role in enhancing institutional investments, which is bullish for an asset’s overall adoption.
Therefore, Grayscale’s decision to have a Cardano ETF in place illustrates ADA’s growing institutional interest.
Furthermore, ADA’s open interest has been on an upward trajectory after hitting $850 million, representing an 18.9% increase, according to Coinglass data.
Meanwhile, Cardano recently received a major boost through an innovative and strategic partnership with Walmart meant to roll out a crypto cashback program featuring ADA.
