Here’s Why Cardano (ADA) Price Could Be Set for a Massive Rally Soon - Blockonomi

TLDR:

• Cardano launches the world’s first ETP, donating 100% of staking rewards to humanitarian aid.
• ADA charts show bullish crossover signals as momentum builds for a potential breakout.
• Cardano ETF approval odds hit 70% ahead of the key SEC deadline, boosting market optimism.
• Trading volume nears $633M as ADA gains 3.7% weekly, showing strong investor interest.

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Cardano is drawing more investor interest as several positive developments line up that could push ADA’s price upward. The cryptocurrency has climbed substantially over the past week, now trading at approximately $0.76, with solid trading volume supporting the move. 

Chart watchers are seeing encouraging patterns emerge while new institutional investment products are making the blockchain more accessible to bigger players. The overall mood around Cardano seems to be brightening as regulatory news develops. 

New Cardano Humanitarian ETP Launches on Swiss Exchange

The Cardano Foundation launched an innovative exchange-traded product on the SIX Swiss Exchange today. 

The CASL ETP represents a first-of-its-kind financial instrument that donates 100% of staking rewards to humanitarian aid. Switzerland for UNHCR partnered with the Cardano Foundation to create this regulated product supporting refugee operations across 135 countries.

🇨🇭 JUST IN: The Cardano $ADA CASL ETP launches tomorrow on the SIX Swiss Exchange.

Cardano Foundation and Switzerland for UNHCR partnered to create the first regulated ETP donating 100% of staking rewards to humanitarian aid.

It’s 100% backed by $ADA. pic.twitter.com/XN0JmWfVBv

— Cardanians (CRDN) (@Cardanians_io) May 27, 2025

The ETP holds backing from 6.3 million ADA tokens, including 3.5 million from the Cardano Foundation and additional contributions from the HOSKY team. Taurus SA provides custody and staking services to ensure regulatory compliance. 

The product leverages Cardano’s proof-of-stake mechanism to convert staking rewards into funding for humanitarian causes in Syria, Sudan, and other crisis regions.

Analyst Trend Rider highlighted bullish momentum building in ADA price charts. The analyst noted that Cardano’s oscillator line approaches a bullish crossover pattern. This technical setup has historically preceded major price movements for the cryptocurrency.

The analysis shows ADA’s momentum indicators nearing oversold conditions, typically signaling potential upward reversals. Bollinger Bands and moving averages in the price chart indicate consolidation phases that often precede breakouts. 

🚨 $ADA Alert: Our oscillator line is on the verge of turning bullish — this setup has historically preceded major moves.

Get ready, Cardano might be gearing up for a breakout! #ADA pic.twitter.com/uc0Xcztoxr

— Trend Rider (@TrendRidersTR) May 27, 2025

Market technicians frequently use oscillators to identify trend changes, particularly in sideways trading environments.

ADA ETF Approval Odds Reach 70% 

PolyMarket data indicates a 70% probability for Cardano ETF approval in 2025. The SEC faces a crucial deadline of May 29, 2025, regarding Grayscale’s spot Cardano ETF application. Analysts report growing optimism despite initial regulatory skepticism.

At the time of writing, approval odds have risen to 70-75%, according to various market observers tracking the application process. 

A successful ETF launch would provide traditional investors new access to ADA exposure through regulated channels. The SEC maintains until October 22 to reach a final decision, though the upcoming deadline carries weight for market sentiment.

At publication, CoinGecko data shows Cardano trading at $0.765 with daily volume reaching $632,759,064. The crypto posted a 1.44% gain in the past day alongside its weekly 3.70% rise. Trading volume suggests sustained interest from retail and institutional participants.