{"id":78237,"date":"2025-08-12T10:03:01","date_gmt":"2025-08-12T10:03:01","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2025\/08\/12\/cardano-secures-3rd-spot-in-grayscale-rankings-ahead-of-august-ada-etf-decision\/"},"modified":"2025-08-12T10:03:02","modified_gmt":"2025-08-12T10:03:02","slug":"cardano-secures-3rd-spot-in-grayscale-rankings-ahead-of-august-ada-etf-decision","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2025\/08\/12\/cardano-secures-3rd-spot-in-grayscale-rankings-ahead-of-august-ada-etf-decision\/","title":{"rendered":"Cardano Secures 3rd Spot in Grayscale Rankings Ahead of August ADA ETF Decision"},"content":{"rendered":"


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Cardano has secured a big place in Grayscale\u2019s newest crypto rankings, overtaking a number of rivals. This comes with rising speculations that the U.S. SEC will ship its verdict on a proposed ADA ETF this month.<\/span><\/p>\n

Cardano Takes 3rd Place in Grayscale\u2019s Weekly Performance Rankngs<\/h2>\n

Grayscale <\/span>placed<\/span><\/a> Cardano in third place in its newest \u201cTop 10 Crypto Assets by Weekly Returns\u201d snapshot. This got here after it recorded a 6.3% acquire between July 31 and August 7, 2025. This marks a pointy turnaround from the earlier week, when ADA was ranked ninth after an 8.1% drop.<\/span><\/p>\n

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Source: X<\/figcaption><\/figure>\n

Despite the weekly enhance, ADA\u2019s year-to-date positive aspects have slowed to six.8%, bringing its market capitalization to $28.7 billion. Cardano\u2019s worth dropped 3.48% over the previous day, lower than the 1.78% drop in the general cryptocurrency market.<\/span><\/p>\n

The momentum coincided with the profitable<\/span> launch of Midnight<\/span><\/a>. This is a privacy-focused protocol on the Cardano community that has garnered so much of group consideration.<\/span><\/p>\n

In the identical rating, XRP topped the checklist with a 9.7% weekly acquire, adopted by Stellar in second place. Dogecoin, Ethereum, Tron, and Solana crammed the fourth to seventh spots with positive aspects between 4.2% and 6.1%. Bitcoin\u2019s efficiency was extra subdued, rating eighth with only a 1.5% weekly improve. BNB and Hyperliquid rounded out the highest 10.\u00a0<\/span><\/p>\n

ADA ETF Update Expected by End of August<\/h2>\n

Speculations have risen in the group on the anticipated approval of the ADA ETF. Analysts are projecting that the U.S. SEC will possible reply to Grayscale\u2019s Cardano ADA ETF software earlier than the tip of August. Recent regulatory clarifications suggesting that sure <\/span>staking activities are not securities<\/span><\/a> have improved optimism for approval.<\/span><\/p>\n

Polymarket knowledge at the moment offers the ADA ETF a 75% probability of receiving the inexperienced mild. However, the SEC may nonetheless delay its ultimate verdict till October 23. The software was initially filed earlier this 12 months, and reviews point out the SEC has formally acknowledged its assessment.<\/span><\/p>\n

Last month, the <\/span>SEC approved Grayscale\u2019s plan<\/span><\/a> to transform its Bitcoin, Ethereum, XRP, and ADA large-cap fund into ETFs. The GDLC Fund is closely weighted towards Bitcoin (over 80%), with Ethereum making up 11%. Smaller allocations embrace Solana (2.8%), XRP (4.8%), and Cardano (0.8%).<\/span><\/p>\n

These indicators level to the likelihood of an ADA ETF quickly. ADA might improve its institutional publicity and market momentum if the SEC approves it.<\/span><\/p>\n

In different August information, Charles Hoskinson, the founder of Cardano, is ready to <\/span>release an audit report<\/span><\/a> later this month. The assessment focuses on Input Output Global\u2019s (IOG) 2021 ADA token administration.<\/span><\/p>\n

Three months after Hoskinson was accused of stealing ADA tokens, the audit was carried out. In an try and set the report straight earlier than vital community and market occasions just like the approval of a Spot ETF, he has hinted {that a} defamation lawsuit remains to be potential after the report is made public.<\/span><\/p>\n

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Michael Adeleke <\/p>\n<\/p><\/div>\n

Michael Adeleke is a passionate crypto journalist recognized for breaking down complicated blockchain ideas and market developments into clear, partaking narratives. He specializes in delivering well timed information and sharp market evaluation that retains crypto lovers knowledgeable and forward of the curve. With an engineering background and a level from the University of Ibadan, Michael brings analytical depth and precision to each piece he writes.<\/p>\n<\/p><\/div>\n

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Why belief CoinGape:<\/span> CoinGape has coated the cryptocurrency trade since 2017, aiming to supply informative insights to our readers. Our journalists and analysts carry years of expertise in market evaluation and blockchain expertise to make sure factual accuracy and balanced reporting.\u00a0By following our\u00a0Editorial Policy<\/a>, our writers confirm each supply, fact-check every story, depend on respected sources, and attribute quotes and media accurately. We additionally comply with a rigorous\u00a0Review Methodology<\/a>\u00a0when evaluating exchanges and instruments. From rising blockchain initiatives and coin launches to trade occasions and technical developments, we cowl all aspects of the digital asset area with unwavering dedication to well timed, related info.\n <\/div>\n

Investment disclaimer:<\/span> The content material displays the creator\u2019s private views and present market situations. Please conduct your personal analysis earlier than investing in cryptocurrencies, as neither the creator nor the publication is answerable for any monetary losses.<\/p>\n

Ad Disclosure:<\/span> This web site might function sponsored content material and affiliate hyperlinks. All ads are clearly labeled, and advert companions haven’t any affect over our editorial content material.\n <\/p>\n<\/p><\/div>\n

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Cardano has secured a big place in Grayscale\u2019s newest crypto rankings, overtaking a number of rivals. This comes with rising speculations that the U.S. SEC will ship its verdict on a proposed ADA ETF this month. Cardano Takes 3rd Place in Grayscale\u2019s Weekly Performance Rankngs Grayscale placed Cardano in third place in its newest \u201cTop […]<\/p>\n","protected":false},"author":1,"featured_media":78239,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[4867,232,1011,1272,231,2930,753,346,13048,127,722],"class_list":{"0":"post-78237","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-altcoin","8":"tag-3rd","9":"tag-ada","10":"tag-ahead","11":"tag-august","12":"tag-cardano","13":"tag-decision","14":"tag-etf","15":"tag-grayscale","16":"tag-rankings","17":"tag-secures","18":"tag-spot"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/78237","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=78237"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/78237\/revisions"}],"predecessor-version":[{"id":78238,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/78237\/revisions\/78238"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/78239"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=78237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=78237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=78237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}