Cardano Report Highlights Progress on BitVM-Powered Bitcoin Bridge
A report highlights several catalysts supporting Cardano, including potential spot ETF eligibility, DeFi growth, scalability upgrades, and interoperability, while also noting major efficiency improvements to its BitVM-powered Bitcoin bridge.
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Catalysts Keeping Cardano Investors Bullish Despite Recent ADA Price Declin
One of the biggest catalysts is Cardano’s eligibility for a potential spot ETF in the United States. Although Grayscale dealt ADA investors a setback by withdrawing its S-1 application for a Cardano ETF last week, the token subsequently met a key eligibility requirement under the SEC’s streamlined spot ETF review framework.