Cardano Price Prediction: SEC ETF Approval Incoming? Cardano Could Be Wall Street’s Next Big Crypto Play

Greyscale has taken the next step towards Cardano ETF approval, fuelling a growing number of bullish Cardano price predictions.

The S-1 submission follows February’s 19b-4 filing, expanding on how the altcoin’s ETF would function.

JUST IN: Grayscale has submitted an S-1 filing to the SEC for a Cardano $ADA Trust ETF

The S-1 is the official registration that explains how the Cardano ETF would work.

With both filings in, Grayscale seems prepared and likely counting on SEC approval. pic.twitter.com/NfV3HHD9YF

This document acts as a necessary registration statement, clarifying details of the Grayscale Cardano Trust ETF (GADA) for investors.

With this preparation from Greyscale ahead of the October 26 19b-4 decision deadline, speculators are now pricing in 87% odds for approval in 2025, up 11% over the past week.

SEC's deadline to approve or deny the Grayscale Cardano $ADA Trust ETF is October 26, 2025.

• On Polymarket, current approval odds are at 87%
• Bloomberg analysts estimate 75% odds of approval

Do you think it will get approved? pic.twitter.com/mhTTNyQu32

This goes hand in hand with the CLARITY Act, expected to pass the U.S. Senate in October, which could unlock sidelined institutional capital waiting on regulatory clarity.

The market-warming effect of Grayscale’s S-1 filing could give Cardano the momentum it needs to break out of a bull flag pattern forming since its August rally peak.

This comes as momentum indicators show reversal signs. The RSI is trending back toward the neutral 50 line, now at 48, suggesting buying pressure is building.

More so, the MACD line is starting to flatten below the signal line, often an early sign of a bullish shift—particularly as $0.80 continues to hold as support.

If fully realized, the flag pattern sets up a retest of the ascending channel forming since late July, targeting a 45% move to $1.20.

With a successful channel breakout, the rally could extend to $1.70 for a 105% gain in the build-up to the ETF decision, though its December high at $1.40 is likely to act as resistance.

Once approved, an ADA spot ETF approval would provide regulated exposure for the first time.

That step toward integration with U.S. capital markets could ignite substantial new demand, extending the rally far beyond technical setups.

With this catalyst, the Cardano price could revisit its all-time high near $3, a potential 260% upside from current levels.

The altcoin market is pumping right now, and those who back the wrong horse are missing out on substantial gains as fresh retail liquidity floods in.

While the Cardano price stands to see a 2.6x, low-cap meme coins are printing 10-1000x opportunities.

That’s where Snorter ($SNORT) steps in.

Its purpose-built trading bot is engineered to spot early momentum, helping investors get in before the crowd, where the real gains are made.

Snorter Bot is built for precision, with limit-order sniping to secure the best entry prices, MEV-resistant swaps that prevent other traders from cutting in line on your transactions, copy trading to replicate the moves of proven top performers, and rug-pull protection that flags suspicious tokens before you buy.

Getting in early is only half the battle. Knowing exactly when to take profits can be the difference between a small win and a life-changing trade, and that’s where Snorter gives you the edge.

The project is off to a strong start; $SNORT has already raised almost $3.6 million in its ongoing presale, likely driven by its high 127% APY on staking to rewards early investors.

You can keep up with Snorter on X, Instagram, or join the presale on the Snorter website.

Visit the Official Website Here

The post Cardano Price Prediction: SEC ETF Approval Incoming? Cardano Could Be Wall Street’s Next Big Crypto Play appeared first on Cryptonews.