{"id":92845,"date":"2025-09-01T16:05:53","date_gmt":"2025-09-01T16:05:53","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=92845"},"modified":"2025-09-01T16:05:53","modified_gmt":"2025-09-01T16:05:53","slug":"ada-price-set-for-40-pump-only-under-this-critical-condition","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=92845","title":{"rendered":"ADA Price Set for 40% Pump? Only Under This Critical Condition"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

ADA is down by double digits in the last 14 days, but analysts believe the price may soon surpass the $1 target.<\/span>
\nGrayscale recently updated its spot ADA ETF filing. The approval odds for that product before the end of the year currently stand at 87%.<\/p>\n

<\/a><\/span><\/h2>\n

The Necessary Catalyst<\/h2>\n

Earlier today, the popular X user Ali Martinez <\/span>forecasted<\/span><\/a> that ADA could hit $1.20 if it breaks $0.88. He thinks such a price expansion is possible in the following weeks. Less than a month ago, he <\/span>presented<\/span><\/a> a similar theory, envisioning a pump to $1.30 in case of a breakout above $0.84.\u00a0<\/span><\/p>\n

The X user with the moniker LSTRADER is also among the bulls. They <\/span>believe<\/span><\/a> ADA could soar to $1 and beyond if the price doesn\u2019t lose the support zone of $0.82-$0.83.\u00a0<\/span><\/p>\n

On the other hand, Dan Gambardello (who is known as a keen advocate of the asset) made a somewhat controversial statement. <\/span>He <\/span>doubled down on<\/span> his previous opinion from January <\/span>when saying<\/span> the Cardano Foundation \u201chas failed the Cardano ecosystem\u201d due to <\/span>not launching<\/span> stablecoins and its<\/span>\u00a0lack of<\/span> support for native tokens.<\/span>\u00a0<\/span><\/p>\n

\u201cI\u2019m glad most of Cardano are starting to realize how unproductive and useless Cardano Foundation has actually been. <\/span>So many chains <\/span>getting<\/span> deals done with <\/span>government<\/span> and <\/span>enterprise<\/span>, and CF has accomplished nothing.<\/span> Not even Chainlink integration. Just need to point this out,\u201d his latest statement <\/span>reads<\/span><\/a>.<\/span><\/p>\n

On the other hand, Gambardello said he remains \u201cvery bullish\u201d on Cardano.<\/span><\/p>\n

ADA ETF Knocking on the Door?<\/span><\/h2>\n

Another major catalyst that could give the token a price boost is the potential approval of the first spot ADA exchange-traded fund (ETF) in the US. The company willing to launch such an investment vehicle is Grayscale, and recently, there have been some developments surrounding that initiative.<\/span><\/p>\n

Just a few days ago, the entity updated<\/a> its application by submitting S-1 forms for a spot ADA ETF and a spot DOT ETF. S-1s provide detailed information about the structure of the products, how they operate and track the underlying assets, who the custodians are, the associated risks, and more.<\/span><\/p>\n

As of this writing, the chances of a spot ADA ETF receiving a green light before the end of 2025 stand at 87% \u2013 a sharp rebound from less than 60% less than a month ago.<\/span><\/p>\n

<\/a>ADA ETF Approval Odds, Source: Polymarket<\/p>\n

The post ADA Price Set for 40% Pump? Only Under This Critical Condition<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR ADA is down by double digits in the last 14 days, but analysts believe the price may soon surpass the $1 target. Grayscale recently updated its spot ADA ETF filing. The approval odds for that product before the end of the year currently stand at 87%. The Necessary Catalyst Earlier today, the popular X […]<\/p>\n","protected":false},"author":0,"featured_media":92846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-92845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92845"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=92845"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/92845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/92846"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=92845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=92845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=92845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}