Latest Updates on Cardano (ADA), Exciting Ethereum (ETH) Price Forecasts, and More: May 30 Cryptocurrency Overview

The US Securities and Exchange Commission (SEC) has delayed its decision on Grayscale’s proposal for the first spot ADA ETF, causing a short-term downturn in ADA's price. Despite this, Cardano has seen positive signs, including the purchase of over 180 million ADA tokens by whales last week, suggesting strong belief in its potential.

Meanwhile, Ethereum (ETH) has risen 45% over the last month, with analysts predicting it could exceed $3,000 in June. On the other hand, Ripple’s XRP, despite a recent decline, has increased by 322% over the past year. However, with 98% of its supply now profiting, there is a high risk of profit-taking and potential short-term correction, according to Santiment.