🚀 Will Cardano (ADA) Soar to New Highs with Growing Popularity? 🧐📈
💥 Cardano is catching fire again, and the buzz is louder than ever! According to @TapTools on X, $ADA received 4,844 community votes on CoinMarketCap — and a whopping 87% are bullish! 🔥 That’s nearly toe-to-toe with Bitcoin’s 87.3% vote rate based on 9,438 votes 😳🔥
🎯 Spotlight on the SEC's ETF Decision
Tomorrow, May 29, 2025, the U.S. SEC will deliver a major verdict on Grayscale’s spot ADA ETF application 🇺🇸🧾
Originally scheduled for April 14, the decision was extended — and now we’re on the edge of one of ADA’s most pivotal days ever 📆⏳
📊 Why It Matters:
If approved, this ETF could unlock institutional money flow 🚀 and finally push ADA beyond the $0.76 resistance 💸💪
Polymarket shows 71% of users believe approval is likely, and Bloomberg’s Eric Balchunas gives it a 75% chance 🧠📊
All eyes are on this — and the outcome might fuel a fresh rally or deepen consolidation 👀💭
🔗 Cardano’s Fundamentals are Strengthening
$346.12M TVL across Cardano DeFi (DeFiLlama) 💰
48+ Active DeFi protocols 🧱
Projects like Indigo offering 28% APY on stablecoins & 20% on wrapped BTC 🤑
Rewards often paid in native tokens, though — so DYOR ⚠️
📉 Technicals Point to a Bullish Flag
After a short-lived breakout above $0.76, ADA retraced — but now a bull flag pattern is emerging on the 4H chart 📉➡️📈
RSI at 48 on the daily — room to climb! 🔼🟢
🎢 But make no mistake: the market remains on edge. ADA’s next major move hinges on tomorrow’s SEC decision. Will the bulls take control or will fear kick in again? 💣⚖️
👇 Drop your thoughts below — Will ADA lead the next altseason charge or face more delays?
📲 Follow Mr Sergio Marquina
Buy Now$ADA
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