How Grayscale’s ETF Could Catapult Cardano to New Heights

Cardano (ADA) is currently the subject of numerous predictions, with Grayscale filing for a new ETF exposed to the cryptocurrency. Are investors expecting a 120% increase in ADA's price?

Written by Charles Ledoux

Adapted by August 31, 2025 at 14:16 by Simon Dumoulin

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Cardano: 120% Rally on the Horizon?

The technical analysis of Cardano reveals a promising market structure, with a descending channel on the verge of breaking out. This event could pave the way for a substantial price increase for ADA.

Currently trading around $0.81, Cardano’s price has successfully broken through key support levels at $0.79 and $0.75. The next resistance zones are located at $1.32 and $1.80, representing a potential gain of approximately 120%.

In case of a correction, maintaining the support at $0.73 will be essential. On the upside, the resistance between $0.95 and $1.04 must be broken with significant volume.

Furthermore, the Stoch RSI indicator, currently at 5.70, signals oversold conditions. This type of technical configuration often precedes bullish rebounds, reinforcing the positive momentum for Cardano.

Grayscale ETF: A Catalyst for ADA?

Grayscale’s recent amended filing with the SEC has increased the chances of a Cardano ETF approval to nearly 87%, an 11% increase in just one week. This initiative has sparked renewed enthusiasm among institutional investors.

Indeed, the proposed fund would offer direct exposure to ADA via Coinbase Custody, ensuring a secure option. This development could attract new institutional capital, thus supporting Cardano’s price in the coming months.

The combination of a promising technical structure and positive developments surrounding a potential Cardano ETF creates a favorable environment for this cryptocurrency. Investors can therefore anticipate significant growth for ADA, with a potential return of 120% on the horizon.

How to Buy Cardano (ADA) on Bitget?

Buying Cardano (ADA) on Bitget is a simple and efficient process, ideal for investors looking to capitalize on ADA’s bullish potential. With medium-term targets at $1.4 and $1.8, ADA could even return to its peaks of over $2.

Here’s a detailed guide incorporating the use of GetAgent, Bitget’s AI trading agent:

Sign up on Bitget: Create an account on Bitget and complete identity verification to unlock all trading features.
Deposit funds: Fund your account with fiat currency (EUR, USD) via bank card, SEPA transfer, or stablecoins like USDT.
Access the spot market: Navigate to the “Spot” section and select the ADA/USDT or ADA/EUR pair depending on your currency.
Optimization with GetAgent: Activate GetAgent, Bitget’s AI tool, to analyze market trends in real-time. Configure your parameters (e.g., buying at a target price or dollar-cost averaging strategy) so GetAgent can automatically execute optimized orders, reducing risks and maximizing opportunities on ADA.
Place a buy order: Choose a market order for immediate purchase or a limit order for a specific price. Confirm your transaction.

Buy ADA on Bitget and get $10 instantly!

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Charles Ledoux

Charles Ledoux is a Bitcoin and blockchain technology specialist. A graduate of the Crypto Academy, he has been a Bitcoin miner for over a year. He has written numerous masterclasses to educate newcomers to the industry and has authored over 2,000 articles on cryptocurrency. Now, he aims to share his passion for crypto through his articles for InvestX.

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DISCLAIMER

This article is for informational purposes only and should not be considered as investment advice. Trading cryptocurrencies involves risks, and it is important not to invest more than you can afford to lose.

InvestX is not responsible for the quality of the products or services presented on this page and cannot be held liable, directly or indirectly, for any damage or loss caused by the use of any product or service featured in this article. Investments in crypto assets are inherently risky; readers should conduct their own research before taking any action and invest only within their financial means. This article does not constitute investment advice.