Cardano Price News: Will ADA Cross $1 on SEC Verdict Day? ETF Approval Odds Now at 71%

The post Cardano Price News: Will ADA Cross $1 on SEC Verdict Day? ETF Approval Odds Now at 71% appeared first on Coinpedia Fintech News

Cardano has been trading in a tight range this week, but a breakout could follow soon. With the SEC’s big ETF decision set for tomorrow, traders are hopeful that this could spark a bullish move for ADA.

The odds of an ADA ETF approval have surged to 71% on Tuesday on Polymarket, the highest since April 20. This comes ahead of a key May 29 deadline for the SEC to decide on Grayscale’s proposed Cardano ETF.