The interest in speculating on the Cardiano currency increases after the developments of the boxes circulating on the Solmana Stock Exchange (Sol ETF), because the traders expect a price similar to that which was witness in 2023.
Speculators’ confidence to accept the launch of a bargaining box for the Cardano (ADA ETF) before the end of 2025 is a major incentive that supports the expectations of positive price of Cardano for the end of the year. Meanwhile, polymark data indicate an increase in the possibility of approving the launch of the fund up to 64%, against 45% three days ago.
Nevertheless, many investors are always reluctant to respond to rumors and to buy so far, because the emerging sol movement has been recently ignored due to delays in the emission of the approval of requests for its boxes circulating on the stock market, which has negatively affected Kardano’s opportunities.
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#Solana #Etf pic.twitter.com/kqr5s1feqi – cryptomarketcontrol (@cryptamarketcon) May 20, 2025
Given that similar audits have slowed down the previous approvals, it is possible to postpone the deadline for approval of ADA ETF boxes in October, which can weaken their short -term attractiveness in the context of the conversation of “the best digital currency for the purchase”, but the realization of any clear organizational progress on Sollana at present can contribute to the deletion of organizational times and Additional conditions.
The market always goes through a prudent state of optimism; The positive inflation data in April – which is lower than forecasts – have helped to improve the general mood, but the president of the federal reserve, Jerome Powell, reserved to reduce interest rates could have been restricted by the desire of investors to support the risks.
Cardano prices analysis: Can ADA Price reach $ 100?
Although the ADA price reaches $ 100 may not be realistic in the short term, it is currently testing the effectiveness of the downhill chain model which has formed over seven months.
The pace of ADA price dynamics decreased after the hacking of the artistic model and is now to test the previous resistance as a level of support, because the rupture of this level can completely cancel the effects of the form. On the other hand, the above cohesion can be alert with the possibility of increasing 100% of current prices with a targeting of $ 1.435. Technical indicators indicate that the Cardano price correction stage was almost finished, while the relative power index decreased to the neutral zone at 48 after recently exceeded the excess sales threshold marking the decline of the sales wave.
However, the gap continues to adapt to the MacD line and the signal line the day after the last descending intersection, in a scene which indicates the possibility of continuous short -term momentum in the daily time.
On the other hand, the incapacity of speculators to go from the current level of the price of the price can lead to re-tetant the previous level of support at $ 0.685, which corresponds to the level of correction of Fibonacci 0.5, this point which is often the scene of the reflection of the direction and can authorize the end of the correction stadium. If the momentum withdraws its balance with the increase in the adoption of the network and the growth of the technical system, the long -term ADA price can cost around $ 100.
Solana can exceed Kardano with the support of several factors
Investors who preferred to invest in the old Ethereum Bluecine on the alternatives of the other first layer can be forced to reassess their decisions, especially since the Solana technical system has finally started to resolve its strongest weaknesses: the ability to develop.
The image has changed with the appearance of the Solaxy project (Solx), which is the first solution to extend the second layer of Balcocheen Solana, because the network has long suffered from the absence of this decisive characteristic which restricts its uses in decentral financing applications (DEFI) and its interaction with various blocking networks, until this solution appears.
By dealing with transactions on its network on the network, then completing it on the main Solana network, the Solaxy project contributes significantly to the reduction of congestion and reduction of transactions, as well as to ensure gentle compatibility between BlueCine networks.
With the success of its current subscription to collect more than $ 38.5 million, investors are already gathered behind this promising project, in the hope that it is the winning horse which harvested the fruits of the new liquidity in the technical system when the demand from Bluechen Solana is intensifying. Thus, there are only 26 days left at the end of the subscription, which will open the way for new liquidity from the trading platforms.
Finally, interested people can follow the Solaxy Project account on X and Telegram platforms, or join Solx via the project website.
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The expectations of Post Cardano prices: will it be able to simulate Solana’s growth and reach the level of $ 100 with the ignition of speculation surrounding the boxes circulating on the stock market appeared first on Arab Cryptonews.