Cardano #ADA #Crypto #Altcoins #BinanceSquare

Cardano’s $ADA token just flexed 💪 with a 2% jump to $0.87, brushing off the SEC’s decision to push back Grayscale’s spot Cardano ETF review until late October 2025.
Instead of panicking, traders piled in—📈 volumes spiked as ADA traded between $0.83 and $0.88, hinting at some serious accumulation. Resistance sits around $0.88, while fresh support is forming near $0.85. Analysts say this could signal institutional buyers quietly loading up.

The broader crypto market is also heating up 🔥. After Fed Chair Powell’s dovish Jackson Hole remarks boosted hopes for a September rate cut, traders rotated out of Bitcoin consolidation and into altcoins. Lower interest rates usually fuel “altcoin season,” and ADA seems ready to ride that wave 🌊.

While the SEC delay was expected (they’re stalling every spot ETF anyway), ADA’s resilience shows traders are eyeing momentum—not headlines.

👉 Do you think Cardano is gearing up for a breakout, or will resistance hold it back? Drop your take below! 👇
#Cardano #ADA #Crypto #Altcoins #BinanceSquare