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A long-awaited Solana update is live. Solana LSTs mostly saw their yields go up across the board today.

Cardano (ADA) is starting to look seriously interesting to crypto watchers, with investor spirits up for a potential rally. Crypto analyst Ali Martinez has gone on record saying Cardano is showing signs of breaking out and even thinks the price could jump to $0.83 if momentum holds up. Santiment’s on-chain data is painting a pretty bullish picture for Cardano’s price growth . The market value of ADA has jumped by a solid 11% in just the last day, which is pretty impressive when you consider most other cryptos have been heading south. This difference really shows that Cardano’s price action has some serious strength behind it. Related: Staked Cardano ETP Goes Live on Nasdaq Helsinki via Virtune Additionally, big-time investors, the ones with massive wallets, have been steadily adding to their Cardano stashes since last November, and are still ongoing. Wallets with at least 1 million ADA have collectively piled up 1.41 billion tokens – that’s a substantive 2.35% of all the ADA out there. This kind of consistent buying from the whales strongly suggests they’re feeling more and more confident about Cardano, and it definitely adds weightage for such breakout predictions. Plus, if institutional demand keeps climbing, Cardano could be in a prime position for a real price takeoff. The push for an ADA ETF has further fueled positive sentiment. Grayscale’s recent filing with the New York Stock Exchange (NYSE) marks a significant milestone in advancing crypto-backed exchange-traded products. The increasing demand for crypto ETFs reflects a broader trend of institutional adoption, with Cardano emerging as a key player in this evolving landscape. Grayscale’s move aligns with growing interest in diversifying crypto investment options. If the ETF secures regulatory approval, Cardano could attract significant institutional inflows, potentially accelerating its price surge. At press time, Cardano trades at $0.7749 , with a 24-hour trading volume of $1.41 billion. Related: Cardano’s Major Upgrade: Will the Plowman Hard Fork Send ADA to $13? The price did dip 2.50% in the last 24 hours but remains nearly 1% higher than last week. With 36 billion ADA in circulation, the total market value is around $27.86 billion. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

🚨 BREAKING: @FTI_US ($1.3T AUM) goes on-chain! 🔥💰 Its tokenized money market fund (F0BXX) is now live on Solana—a major step for institutional DeFi! 🚀 #Solana #Tokenization #FranklinTempleton #Crypto #DeFi

🚨LIVE NOW @Timccopeland and is joined by @the_matter_labs co-founder @gluk64 to discuss the Layer 2 landscape and the latest with ZKsync.

🚨 JUST IN: @PiCoreTeam sets the date! 🔥 The Open Mainnet goes live on Feb 20, 2025, at 8 AM UTC! ⏳ 🚀 The next era of decentralization begins! 🌍 #PiNetwork #Mainnet #Crypto #Blockchain