CARDANO $0.773856As one of the prominent developments in the crypto currency market, Grayscale ranked third in the latest weekly crypto performance ranking. Cardano’s rise, which managed to leave its important rivals behind, attracts the attention of market actors. With this development, the US Securities and Stock Exchange Commission (SEC) is expected to decide on an island -based ETF application this month.
Grayscale crypto ranking attracted attention
In the “Top 10 Crypto” list published by Grayscale, Cardano ranked third thanks to its recent performance. This rise of Cardano is considered a development in market analysis. The approach of SEC’s statement about Ada ETF application increases the interest of crypto investors and sector stakeholders.
This change in Grayscale rankings is connected to Cardano’s short -term price performance and market mobility. Cardano, who stands out in the ranking, is closely monitored by investors and market analysts.
US SEC’s OSER ETF decision and expectations
Experts think that SEC’s decision on the island -based ETF application may have significant effects on the market. Although no official announcement has yet been made, the decision is expected to be announced this month. Investors predict that this development can increase Cardano’s market value and visibility.
Since the previous decisions on ETF applications have caused fluctuations on the market, the statement on Cardano is thought to have similar effects.
Comments of Market Experts and Sector Representatives
Many analysts and experts from the industry consider Cardano’s top ranks in Grayscale’s ranking as a sign that investor interest continues. However, long -term effects will be shaped in line with the decision of the SEC.
Grayscale representatives, on the other hand, emphasize that platforms reflect the performance of various crypto assets in relation to Cardano’s position in the ranking. A Grayscale spokesman, said in a statement on the subject:
“Cardano’s rise to the third place is based on current market movements and investor preferences. Rankings are shaped according to weekly data.”
Market actors and investors closely follow Cardano’s future performance. It is suggested that the decision of the SEC may be effective not only on Cardano but also on the general crypto market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
