Will $ADA Reach $1 or Crash Hard After Cardano ETF Approval Prediction

Yes, Cardano ETF Approval odds have just increased to 90%! Bloomberg analysts now say that there’s a 90% prospect the U.S. SEC approves a $ADA spot in 2025.

This news has got the entire crypto world buzzing. But here’s the strange part: despite the hype, ADA price is trading at just $0.561, showing a slight drop of around 1% in the last 24 hours.

So what’s really going on? Will this news help ADA break out soon — or is the market still not ready?

Cardano ETF News Today Odds Hit 90%: Will ADA Break Out?

According to a recent post by Coin Bureau, the probability of Grayscale Cardano ETF approval has increased to 90% and the SEC has already recognized the application.

Source: Coin Bureau X Post

Meanwhile, popular crypto account Altcoin Daily listed this currency as one of five coins likely to get approval in 2025, along with Dogecoin, Polkadot, Avalanche, and HBAR.

Source: Altcoin Daily X Acocunt

This is a big deal. When Bitcoin and Ethereum got Exchange traded funds approval, their prices surged as institutional investors started pouring in. A similar scenario could happen with this coin, if the momentum builds.

Grayscale’s Filing: Why Approval Odds Are So High?

Let’s break down why the odds are looking so good:

• Grayscale is the one who filed the application

• Filing Date: February 10, 2025

• SEC Acknowledged It: Yes

• Cardano ETF SEC Decision Due : October 23, 2025

• It is Likely Treated as a Commodity (not a security)

• CFTC Futures Exist for ADA, which helps the case

In simple terms — This cryptocurrency ticks all the boxes the SEC wants to see. It’s in a strong position to get, especially as regulators warm up to altcoin-based crypto fund.

Cardano Chart Analysis: A Battle Between Bulls and Bears

Even with this great Cardano news today , the price is stuck in a tricky spot. It’s showing a descending triangle pattern on the TradingView chart — which usually means the market is leaning slightly bearish.

• Support: $0.54 — Token has tested this many times

• Resistance: $0.59–$0.60 — The coin needs to break this to go up

• RSI: 37 — Close to oversold, could bounce soon

• MACD: Still not fully bullish, but starting to recover

This pattern shows why Cardano is falling today, even after this positive news.

What Happens to ADA Price If ETF Gets Approved or Rejected?

Let’s look at two $ ADA Price Prediction scenarios :

If the Exchange traded funds Gets Approved

• Short-Term Target: $0.68

• Mid-Term (Q3): $0.75–$0.80

• End of 2025: If the approval is confirmed, it could hit $1.10 to $1.40

This would likely happen as big investors come in and market confidence grows.

If It Gets Delayed or Denied

• Break Below Support: It could fall to $0.50

• Next Key Level: $0.44

• Without positive news, the market may lose interest short term.

For now, it is trading in the $0.54–$0.60 zone. A breakout above $0.60 could be the start of a bigger rally.

Final Thoughts: Should You Keep an Eye on This Token?

With the Cardao ETF approval application in motion, and the SEC decision set for October 23, it is entering a make-or-break phase. The fundamentals are strong, and this upcoming event could be a major turning point for its price .

Until then, watch the $0.60 resistance closely. A breakout could bring serious momentum. If you’re asking “Will Cardano reach $1?”—the approval could be the event that makes it happen. So watch out for the upcoing news and always do your own research before investing.