Recently, several crypto media outlets mistakenly reported that the SEC had approved ProShares’ XRP ETFs for an April 30 launch. The confusion stemmed from an old filing dated April 15, which resurfaced online and was incorrectly shared as a new development. Despite the rumors spreading quickly across social media, ProShares made no official announcement.
According to Bloomberg ETF analyst James Seyffart, while the U.S. Securities and Exchange Commission (SEC) has indeed given its approval, the launch date has been pushed back and is now expected sometime in the short to medium term. Meanwhile, Brazil has already taken the lead by approving the first XRP ETF.
ProShares Gears Up for Major XRP Futures Products
ProShares has ambitious plans for XRP exposure. The company is preparing to launch three XRP futures ETFs:
Ultra XRP ETF offering 2x leveraged returns
Short XRP ETF offering -1x inverse returns
Ultra Short XRP ETF providing -2x inverse exposure
These products are aimed at institutional investors looking for regulated ways to speculate on XRP’s price swings—without the complications of holding the asset directly. Futures ETFs also help bypass many of the security and regulatory hurdles typically associated with direct crypto ownership.
Teucrium Breaks Ground, ProShares Poised to Follow
Teucrium made history earlier this month by launching the first XRP futures ETF on the New York Stock Exchange on April 8. The fund saw encouraging trading volumes from day one, signaling strong market appetite for XRP-based investment vehicles. ProShares’ upcoming entries are expected to further deepen the XRP ETF market.
Spot XRP ETFs: Still in Limbo
While futures ETFs are gaining momentum, spot XRP ETFs remain stuck in the regulatory pipeline. ProShares, along with firms like Grayscale and 21Shares, is still waiting for the SEC’s green light. After facing initial delays in April, most applications are now looking toward a second decision window by late May. Some cases may not see a final verdict until mid-October.
Despite the uncertainty, optimism is building. JPMorgan estimates that XRP ETPs could attract between $4 billion and $8 billion in net inflows if they achieve adoption rates similar to Bitcoin and Ethereum ETFs.
Coinbase, a prominent crypto exchange, draws a severe rebuke from XRP lawyers amid the Ripple Vs SEC lawsuit debate. In a recent development, XRP lawyer Bill Morgan questioned Coinbase’s selfish motives, highlighting their deafening silence.
Meanwhile, legal expert Fred Rispoli accused Coinbase of acting out of self-interest. Rispoli asserted that the crypto exchange’s actions are driven by profit rather than community benefits.
XRP Lawyer Slams Coinbase for Selfish Motives
Recently, XRP lawyer Bill Morgan criticized Coinbase and its chief legal officer Paul Grewal for being clearly guided by selfish motives. Morgan shed light on their explicit silence until they found themselves embroiled in a legal dispute with the US Securities and Exchange Commission. In an X post, Bill Morgan stated, “Coinbase and Paul Grewal were silent until the SEC targeted Coinbase.”
Notably, Morgan’s statement underscores the silence of Coinbase and Paul Grewal during Ripple’s prolonged legal battle with the SEC. According to Morgan, Coinbase has remained tight-lipped since 2020 when the SEC filed a lawsuit against Ripple. The XRP lawyer added that the exchange broke its silence only when it was directly impacted by the SEC’s actions.
Lawyer Exposes Coinbase’s Self-Centric Actions
Reinforcing Bill Morgan’s claims, another pro-XRP lawyer Fred Rispoli slammed Coinbase for being influenced by self-centric motives. He asserted that the crypto exchange’s actions are rooted in greed, rather than a genuine desire to serve the crypto community.
Completely agreeing with Morgan’s arguments, Rispoli stated,
Everything this company does is purely out of self-interest. Not saying corps shouldn’t look after the bottom line but don’t pretend you were “for the people” from Day 1 (b/c your ToS with customer restrictions is exactly the opposite of this).
Coinbase, the top crypto exchange, faces this increased backlash following Paul Grewal’s interview with MetaLawMan. During the interview, Grewal acknowledged leading Ripple community members including Stewart Alderoty and John Deaton’s efforts in the XRP case. Grewal stated,
There were many others fighting alongside us and many who are actually fighting even before we got dragged into this…I think people like Stuart Alderoty and John Deaton, folks who really bor the brunt of Mr. Gensler’s early efforts to crack down on crypto and essentially stamp it out before it could become large enough.
However, in response to Grewal’s statements, pro-XRP lawyer MetaLawMan shared an X post, highlighting Ripple’s solo journey in the long-held lawsuit. He stated, “Regardless of which crypto tribe you align with, I think we should acknowledge that Ripple’s lonely fight against the SEC was key to the survival of the crypto industry in the U.S.”
Cardano has drifted in the green zone as it trades at $0.7093, up 11% in the past day and over 17% in the past week. The trading volume is also up over 65%, which shows growing investor interest.
Whale Accumulations On the Rise
Onchain data from Santiment also showed whale accumulations. Whales holding between 100,000 to 100 million ADA have increased their holdings since April 14, further adding to the bullish sentiment.
Expert Dan Gambardello thinks that Cardano will face strong resistance around $3, where many investors regret not selling before. He expects some price volatility in that area, before it eventually rises to $5, like a quick stop before the next big jump.
Biggest Cardano resistance is really at $3.
It’s where a lot of people have regret for not selling last cycle.
The $ADA pump will probably pause in that general area with a lot of volatility, and then continue to $5.
Cardano held strong at the $0.50 support level on April 7 and has since rallied 21% in two weeks. If Cardano keeps rising and breaks above the 200-day EMA (Exponential Moving Average) at $0.71, the next resistance could be at $0.74, possibly reaching $0.80. This could be a major psychological level for traders. The RSI (Relative Strength Index) is also currently at 57 and trending upwards.
Analyst Javon Marks foresees a 354% surge for Cardano to as high as $2.91. His outlook is based on ADA’s current chart pattern. ADA may follow Bitcoin’s lead in a broader market rally through April.Additionally, Martinez shared that Cardano is breaking out and predicts the next target could be $0.77.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
The post Cardano Price Eyes $5 After 17% Surge appeared first on Coinpedia Fintech News
Cardano has drifted in the green zone as it trades at $0.7093, up 11% in the past day and over 17% in the past week. The trading volume is also up over 65%, which shows growing investor interest. Whale Accumulations On the Rise Onchain data from Santiment also showed whale accumulations. Whales holding between 100,000 …
The live price of the Cardano token is $ 0.88222552.
ADA coin price could reach a potential high of $2.62 in 2025.
Cardano’s price, with a potential surge, could go as high as $10.32 in 2030.
The crypto market experienced a strong bullish price action during Q4 2024. This resulted in the Bitcoin price achieving a new ATH. Moreover, with the highly anticipated AltSeason around the corner, the altcoin market is projected to achieve a new high in 2025.
Are you considering buying Cardano this month before the altcoin season begins? Or, are you wondering, “Is Cardano a good investment?” or “Will Cardano reach $10?”
Check out our detailed Cardano price prediction 2025, 2026 – 2030 for all your FOMOs and FUDs.
The year 2025 could signal growth for ADA crypto, with prices potentially heading toward a new ATH. Notably, with the pro-crypto motive of Donald Trump, the President of the United States of America, the altcoin market is set to record a new high in 2025.
Moreover, with increased adoption and rising bullish sentiment, the Cardano price may achieve an annual high of $2.62. However, a bearish price sentiment could result in this altcoin concluding the year with a potential low of $1.81.
Considering the present market statistics, the average price of the ADA token could settle around the $2.10 mark for that year.
Moving into 2026, ADA’s potential price is foreseen to elevate further, ranging between a low of $2.76 and a high of $3.30. The average price during this period could stand at $3.03.
Cardano Price Targets 2027
The analysis suggests a further surge in Cardano’s value by 2027, with the price potentially hitting between $4.56 and $5.03. The average price during this period could stand at $4.79.
ADA Price Forecast 2028
In 2028, ADA’s price could rise to fall between $5.29 and $5.73, with the average price standing at $5.51.
ADA Price Analysis 2029
By 2029, Cardano’s price is projected to rise between $6.68 and $7.79, with the average price reaching $7.235.
Cardano Price Prediction 2030
Finally, by 2030, Cardano’s price is predicted to soar between $9.12 and $10.32, with the average price potentially standing at $9.72.
Based on the historic market sentiments, and trend analysis of the altcoin, here are the possible Cardano price targets for the longer time frames.
Year
Potential Low ($)
Potential Average ($)
Potential High ($)
2031
10.45
10.92
11.39
2032
13.96
14.33
14.71
2033
17.64
18.63
19.63
2040
34.27
51.80
69.33
2050
128.14
228.85
329.56
Market Analysis
Firm Name
2025
2026
2030
Changelly
$1.12
$0.785
$3.54
Coincodex
$2.23
$0.793
$1.49
Binance
$0.930
$0.976
$1.187
*The aforementioned targets are the average targets set by the respective firms.
CoinPedia’s Cardano (ADA) Price Prediction
Assuming that Cardano continues to focus on the network’s upcoming updates, we can expect a wider adoption rate. Moreover, with the upcoming bull run and the new altcoin season, Cardano is all set to reach unprecedented heights.
We expect the ADA price to reach $2.62 in 2025.
Year
Potential Low ($)
Average Price ($)
Potential High ($)
2025
1.81
2.115
2.62
Coinpedia’s Price Analysis provides you with the latest content on the recent market trend that enables you to get closer to the price movements & actions of the various cryptocurrencies.
FAQs
How high can Cardano go by the end of 2025?
According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.62 in 2025.
If you had invested $100 in Cardano in 2020, what would it be worth now?
Assuming the best case is that you invested in Cardano in January 2020, your investment would have increased by 3,113.09%. In short, for every $100, you would have made an extra $3,213.09.
What is the price of one ADA token?
At the time of writing, the price of 1 Cardano ADA token was $0.8779.
Is Cardano a good investment in 2024, amidst newer higher-performing entrants?
Cardano is an underrated investment and has a high chance of performing in the next couple of years, considering the plethora of applications.
Is it worth staking your Cardano?
If you are holding your ADA tokens for the long term, there is no downside to staking all of it.
Is Cardano dead?
Cardano is not dead, as it is witnessing major developmental upgrades, which could boost ADA’s price in the near future.
Can Cardano overtake Ethereum?
Even the most bullish of Cardano supporters acknowledge that Cardano will only potentially surpass Ethereum within 18 to 20 years.
How much would the price of Cardano be in 2040?
As per our latest ADA price analysis, the Cardano could reach a maximum price of $69.33.
How much will the ADA coin price be in 2050?
By 2050, a single Cardano price could go as high as $329.56.
ADA
BINANCE
The post Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2? appeared first on Coinpedia Fintech News
Story Highlights The live price of the Cardano token is . ADA coin price could reach a potential high of $2.62 in 2025. Cardano’s price, with a potential surge, could go as high as $10.32 in 2030. The crypto market experienced a strong bullish price action during Q4 2024. This resulted in the Bitcoin price …
-8.03%