{"id":158272,"date":"2025-05-28T20:00:48","date_gmt":"2025-05-28T17:00:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=158272"},"modified":"2025-05-28T13:58:54","modified_gmt":"2025-05-28T10:58:54","slug":"cardano-activity-surges-as-ada-etf-decision-nears","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/cardano-activity-surges-as-ada-etf-decision-nears\/","title":{"rendered":"Cardano Activity Surges as ADA ETF Decision Nears"},"content":{"rendered":"

The uptick in network activity and bullish sentiment has helped lift ADA\u2019s price by nearly 8% since early May.<\/p>\n

According to data<\/a><\/strong> shared by TapTools, Cardano\u2019s daily transaction count has jumped from under 30,000 at the start of the month to a new high of 50,000. Alongside this rise in activity, the network has processed over $680 million in volume within a 24-hour span\u2014another sign of accelerating on-chain demand.<\/p>\n

The surge in transactions comes as the crypto community anticipates a key decision from the U.S. Securities and Exchange Commission (SEC) on whether to greenlight a spot ADA ETF.<\/p>\n

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Read More:<\/h5>\n \n
\n \n \n <\/span>\n <\/div>\n
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<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

The ruling, expected by May 29, has driven speculation and interest among traders, with prediction markets like Polymarket now giving a 71% chance of approval.<\/p>\n

If the ETF is approved, it could open the floodgates for institutional capital, similar to what was seen after the launches of Bitcoin and Ethereum spot ETFs.<\/p>\n

Market watchers suggest that such a development could be a major catalyst for ADA\u2019s next breakout, reinforcing Cardano\u2019s growing role in the broader crypto ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cardano is enjoying renewed momentum as daily transactions on the blockchain push toward 50,000, bolstered by growing excitement over a possible spot ADA exchange-traded fund (ETF).<\/p>\n","protected":false},"author":3,"featured_media":104912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[72,112,424,294,271,108],"coin_category":[],"class_list":["post-158272","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-bitcoin","tag-cardano","tag-crypto","tag-etf","tag-ethereum","tag-price"],"acf":[],"yoast_head":"\nCardano Activity Surges as ADA ETF Decision Nears<\/title>\n<meta name=\"description\" content=\"Cardano is enjoying renewed momentum as daily transactions on the blockchain push toward 50,000, bolstered by growing excitement over a possible spot ADA exchange-traded 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