{"id":12525,"date":"2025-02-11T17:46:49","date_gmt":"2025-02-11T17:46:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12525"},"modified":"2025-02-11T17:46:49","modified_gmt":"2025-02-11T17:46:49","slug":"cardano-price-pumps-17-after-spot-etf-filing-as-viral-solaxy-presale-nears-20m","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12525","title":{"rendered":"Cardano Price Pumps 17% After Spot ETF Filing as Viral Solaxy Presale Nears $20M"},"content":{"rendered":"
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Cardano\u2019s price just popped 17% following a surprise ETF filing from Grayscale, potentially paving the way for more institutional adoption.<\/p>\n

Meanwhile, the Solana-based L2 platform Solaxy is going viral in its presale \u2013 and is quickly closing in on the $20 million funding milestone.<\/p>\n

Grayscale ETF News Sends ADA Price Soaring<\/h2>\n

Cardano\u2019s ADA token is a hot topic.<\/p>\n

It\u2019s currently trading around $0.79<\/a> after the Grayscale ETF news, hitting a week-long high.<\/p>\n

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The jump surprised many people, with ADA outperforming all major cryptos and posting a 26% gain from Sunday\u2019s local low.<\/p>\n

Trading activity also spiked, with spot volumes exploding 85% to $1.5 billion.<\/p>\n

That\u2019s nearly on par with Dogecoin\u2019s trading volume over the past 24 hours.<\/p>\n

All of this hype is because Grayscale unexpectedly filed for a spot ADA ETF.<\/p>\n

This filing comes a little more than a year after the SEC approved spot BTC ETFs, opening the door for other altcoins to follow suit.<\/p>\n

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While Grayscale\u2019s ETF is not guaranteed to be approved, it shows that big players are becoming more interested in offering regulated crypto investment options beyond Bitcoin and Ethereum.<\/p>\n

For Cardano fans who\u2019ve endured major ups and downs in recent years, this ETF possibility is a sign that mainstream adoption could be closer than ever.<\/p>\n

Cardano\u2019s 2025 Vision: Hydra, BitcoinOS, and More<\/h2>\n

Cardano is known for its research-focused and careful approach to blockchain development.<\/p>\n

This \u201cslow and steady wins the race\u201d strategy might have annoyed some investors seeking quick profits, but it has given Cardano a solid base for future growth.<\/p>\n

And this year could be huge for the community.<\/p>\n

The Hydra upgrade<\/a> is coming, promising to significantly boost transaction speeds through Layer-2 scaling.<\/p>\n

Plus, Cardano\u2019s Ouroboros Leios consensus mechanism is helping to keep the network secure as it grows.<\/p>\n

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What\u2019s also interesting is Cardano\u2019s BitcoinOS initiative<\/a>, which could let Bitcoin users access Cardano\u2019s DeFi ecosystem without giving up their BTC.<\/p>\n

With more than 34 DeFi projects up and running, $380 million<\/a> locked into their protocols, and partnerships focused on supply chain tracking, it\u2019s easy to see why Grayscale is paying attention to Cardano.<\/p>\n

But ADA has a history of sharp spikes followed by equally-quick drops.<\/p>\n

So, although ADA is today\u2019s top altcoin gainer, smart traders know better than to get caught up in the hype.<\/p>\n

Is Solaxy Next to Pump After Cardano? SOLX Presale Nears $20M as Experts Predict Huge Launch<\/h2>\n

While everyone\u2019s focused on Cardano, another project \u2013 Solaxy<\/a> \u2013 is gaining momentum.<\/p>\n

As Solana\u2019s first dedicated Layer-2 solution, Solaxy is about to hit a big milestone, with its presale closing in on $20 million.<\/p>\n

The native SOLX token<\/a>, currently priced at $0.001632, is set for another price bump within 48 hours as it enters the next presale stage.<\/p>\n

Think of Solaxy as the fast lane for Solana.<\/p>\n

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When the main Solana network gets clogged with meme coin trades and DeFi transactions, Solaxy takes those transactions and processes them separately before putting them back on the mainnet.<\/p>\n

This approach makes things way faster and reduces the annoying transaction fees that go up during busy periods.<\/p>\n

Solaxy is also interesting because it\u2019s not just about reducing congestion.<\/p>\n

It also includes a bridge to Ethereum, allowing users to quickly move assets between both ecosystems.<\/p>\n<\/p>\n