Cardano price is eyeing massive gains after Coinbase Derivatives announced it will launch ADA futures on March 31, boosting institutional interest and market liquidity. ADA price could now be on the verge of a massive upswing, with analysts predicting a 15% rally. However, there are also concerns that the listing may mark a local price top. Will this Coinbase listing drive sustained growth for Cardano price or trigger a sell-the-news event? Let’s explore.
Cardano Price in Focus as Coinbase Files for ADA Futures
Coinbase Derivatives is expanding its crypto offerings with ADA futures. The exchange has filed with the Commodity Futures Trading Commission (CFTC) for this product. If it launches, it will boost liquidity and institutional interest in Cardano and potentially fuel gains.
The Cardano futures will enable traders to gain exposure to ADA without holding the underlying asset. This offering will allow investors to use leveraged trading strategies. If the product is approved, it will launch on March 31.
Coinbase Cardano Futures
Futures listings have often spiked price volatility, and traders are now speculating about the impact that the launch will have on ADA price, which has been recording choppy price moves. At press time, Cardano trades at $0.74 with a 4.8% gain in 24 hours as the crypto market today rebounds.
Will the Coinbase Listing Mark a Local Top for ADA?
The upcoming launch of ADA futures could break Cardano from consolidation if it leads to a spike in social volumes. Historically, exchange listings drive speculative discussions that in turn result in high trading activity.
Data from Santiment shows that Cardano social volumes peaked earlier this month after President Trump endorsed ADA as one of the US altcoins that will be part of the US digital asset stockpile. This saw the price hit a local top of around $1.12 before a sharp reversal.
Cardano Social Volumes
The recent Coinbase listing has yet to cause a surge in social volumes. This indicates that Cardano price still has room for growth before reaching another local top. However, this listing could end up being a sell-the-news event that will lead to a bearish reversal.
Cardano Price Gears for a 15% Rally
Analysts have shared a bullish Cardano price prediction after it bounced by nearly 5% to an intra-day high of $0.75 following the news of the Coinbase listing. Popular analyst Ali Charts forecasts that the altcoin could be on the verge of a 15% upswing after forming a symmetrical triangle pattern.
ADA/USDT 1-hour Chart
If ADA price breaks out of the upper resistance trendline, it could pave the way for the altcoin to reclaim $1 as traders buy into the rally that will be realized with the Coinbase listing later this month.
Data from Coinglass also shows an uptick in activity in the derivatives market. The Cardano open interest has increased slightly in the last 4 days to $770M. If this rise in OI continues, it could add more fuel to the ADA price rally.
Dogecoin Reserve Live:- In an exciting announcement for the 3.83 million Dogecoin community or ‘Shibes’, House of Dogs has announced the creation of the Official Dogecoin Reserve to drive Dogecoin as a mainstream global payment solution.
House the Doge (HoD), the new entity announced by Timothy Stebbing in Feb 22 X post, was formed after he turned down several big names and corporations for Dogecoin adoption partnerships by not finding them “genuine enough”. He had already hinted the HoD will be aggregating mined Dogecoin to create a large Dogecoin Reserve & Treasury for streamlining its global adoption.
Following this announcement, Doge price has experienced a notable surge of upto 10%, with prices reaching approximately $0.19 as of writing.
Notably, the announcement comes at a time when the global crypto payments solutions have been gaining traction with many other entities making efforts recently. However, such real-world payment solutions have been more focused on Bitcoin, stablecoins such as USDT, USDC, in comparison to the utility of Dogecoin or other altcoins in such Payments.
Why is the Official Dogecoin Reserve Created
Aimed at improving the transaction lag times that have historically restricted the widespread adoption of digital currencies as real-world payment solutions, the reserve aims to build the Doge-powered global payments ecosystem.
It aims to benefit merchants by facilitating fast and efficient transactions using Dogecoin which currently processes at the rate of 60sec/transaction.
As of March 25, 2025, Dogecoin (DOGE) holds the 8th position in global cryptocurrency market capitalization rankings with its current market cap standing at approx. $27.15 billion USD.
Timothy Stebbing, Director of Dogecoin Foundation, right after the Doge Reserve news, expressed his enthusiasm by suggesting that use of Dogecoin for mobile or government Payments, at POS Terminals or for Online Shopping would be really “too cool”.
Notably, the Dogecoin Reserve is creating a proof of concept with the initial purchase of 10 million Dogecoin at current Market price. As Tim suggested, since the inception of House of Dog, it has been raising millions of dollars via the largest Dogecoin mining operation assemble in North America with a goal of 10,000 ASICs by the end of the year.
To guide the accelerating adoption of its payment system, it will also introduce cashback offers for both users and merchants and is aiming at significant partnerships in near future.
Important FAQs Related to Dogecoin Transactions
1. How much time Dogecoin Transactions Take in comparison to BTC?
Notably, under typical conditions, a Dogecoin transaction can be confirmed within about 60 seconds, offering a significant speed advantage over Bitcoin’s average confirmation time of around 10 minutes.
2. How much a Dogecoin Transaction Costs?
It offers substantially lower transaction costs – currently standing at 0.341 DOGE ($0.063) – compared to legacy payment modalities and interchange.
3. Dogecoin or Bitcoin Transaction: Which is Better?
The HoD while making Dogecoin Reserve announcement emphasized its inflationary model which ensures ongoing liquidity – with the addition of 5.2 billion new coins every year as compared to Bitcoin’s fixed cap. While this ensures liquidity, it also raises concerns about long-term value retention, as an unlimited supply can lead to inflation and reduce purchasing power.
Could DOGE Be the Next Global Currency?
Dogecoin Reserve doesn’t come as the first such instance. House of Doge, the five-year corporate partner of Dogecoin Foundation has been making efforts towards making Dogecoin, the Global currency. Last month it partnered with IndyCar Driver with Devlin DeFrancesco and Rahal Letterman Lanigan Racing to bring Dogecoin to the Indianapolis 500. This initiative included launching the Dogecoin Indy 500 Voting and Donation Platform, allowing fans to participate and support charitable causes.
Further, one of the most prominent adopter of Dogecoin has been Elon Musk who has allowed customers to buy Tesla’s innovative products using Dogecoin. Additionally, Musk has also hinted at expanding Dogecoin’s use within his other ventures, such as X (formerly Twitter), where he has suggested integrating crypto payments, including DOGE.
His space exploration company, SpaceX, has also accepted Dogecoin for certain merchandise purchases and even announced plans for the DOGE-1 lunar mission, a satellite project funded entirely in Dogecoin.
Another such Instances include:
Newegg, the electronics retailer also offers tech enthusiasts the option to purchase gadgets using Dogecoin, showcasing the integration of digital currencies in e-commerce.
Sheetz, a convenience store chain allows customers to pay for fuel and food items in DOGE.
Adidas, the global sportswear brand accepts Dogecoin for gift card purchases.
Path is Not Easy for DOGE!
However, there are certain challenges before it can achieve the global label. Confirmation times may extend for Dogecoin transaction for up to 30 minutes or more during periods of high network congestion. It also needs to compete with the already growing adoption of Stablecoins for transactions as their processing can be completed in a matter of seconds.
Although companies like Tesla and some retailers accept DOGE, mainstream adoption is still limited. Most global businesses and financial institutions prefer Bitcoin, Ethereum, or stablecoins for crypto payments due to their perceived stability and institutional backing.
Dogecoin’s price fluctuates significantly, driven by market speculation, social media trends, and influencer endorsements (notably Elon Musk). This can make it difficult for businesses and consumers to rely on DOGE for everyday transactions.
DOGE Price in the last Year
Further, Dogecoin’s proof-of-work (PoW) mechanism is similar to Bitcoin’s but has a much smaller mining network, making it more vulnerable to 51% attacks, thus, raising significant security concerns.
Thus, while initiatives like the Official Dogecoin Reserve and strategic partnerships enhance Dogecoin’s potential as a global currency, its future prominence will depend on broader market dynamics, regulatory developments, and sustained community support.
After nearly four years of intense legal battles, the long-standing case between the U.S. Securities and Exchange Commission (SEC) and Ripple has finally come to an end. The SEC, which initially filed the lawsuit in December 2020, claiming Ripple’s cryptocurrency XRP was an unregistered security, has now dropped the appeal.
Garlinghouse Reflects on the Long Fight
In an interview with Bloomberg, CEO Brad Garlinghouse said “This has been a long battle. “But now, there is a lot more certainty for Ripple, and frankly, for me personally, because the SEC had sued me.”
He revealed that the SEC has officially abandoned its appeal in the case, which had been ongoing since the lawsuit was filed in December 2020. Ripple scored a key victory in the summer of 2023 when Judge Torres ruled that XRP, the cryptocurrency at the center of the case, is not a security. This ruling marked a pivotal moment in the case.
The SEC’s Appeal is Dropped
Despite the SEC’s withdrawal from its appeal, Garlinghouse clarified that the case is not entirely over. A cross-appeal is still pending, but the dynamics have shifted. “We go from being the defendant to the plaintiff,” he explained. “Now, we’re in the driver’s seat, deciding how we want to proceed.”
Ripple’s Legal Victory and the Industry’s Future
For Ripple, the outcome of this case is crucial not just for the company itself but for the broader crypto industry. Garlinghouse noted that Ripple had spent over $150 million defending the case, a legal expense not only aimed at protecting the company but also supporting the entire cryptocurrency sector. “It was important for the whole industry,” he said.
Judge’s Ruling and Ripple’s Strategy
Garlinghouse also commented on the broader implications of the case’s resolution, especially in terms of the legal status of XRP. “The SEC’s decision to drop its appeal is a significant moment,” he stated. “It’s clear now that the SEC likely regrets bringing the case in the first place, especially given the judge’s ruling.” However, some elements of the case are still unresolved, such as the $125 million civil penalty Ripple was ordered to pay. This fine is currently held in escrow, pending the final resolution of the case.
The $125 Million Fine and What’s Next
Ripple has expressed interest in potentially reclaiming the $125 million fine, given that no investors were harmed in the process. “There was no investor harm, no investors lost money,” Garlinghouse remarked, suggesting that the penalty may be reconsidered as the case nears its conclusion.
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After nearly four years of intense legal battles, the long-standing case between the U.S. Securities and Exchange Commission (SEC) and Ripple has finally come to an end. The SEC, which initially filed the lawsuit in December 2020, claiming Ripple’s cryptocurrency XRP was an unregistered security, has now dropped the appeal. Garlinghouse Reflects on the Long …