#Cardano

🚀 Cardano Climbs to 3rd in Grayscale Rankings as ADA ETF Decision Looms! 📈

Cardano ($ADA ) secures the #3 spot in Grayscale’s latest Top 10 Crypto Assets by Weekly Returns, boasting a 6.3% gain (July 31 - Aug 7, 2025). This follows the exciting launch of Midnight, a privacy-focused protocol on the Cardano network. 🌙

🔥 ADA ETF Buzz: Speculation is heating up with a 75% chance of SEC approval for Grayscale’s ADA ETF by August’s end, per Polymarket. Regulatory clarity on staking fuels optimism, though a decision could extend to Oct 23.

📊 Market Snapshot:

• ADA’s year-to-date gains: 6.8%

• Market cap: $28.7B

• XRP leads with 9.7%, followed by Stellar, Dogecoin, Ethereum, Tron, Solana, and Bitcoin.

📰 More News: Charles Hoskinson to release an IOG audit report this month addressing 2021 ADA token management, amid past accusations. A defamation lawsuit may follow.

Is Cardano gearing up for a major breakout? 🚀