Cardano (ADA) experienced a 15% price increase after Grayscale submitted its application seeking SEC approval for a Cardano ETF. The application represents the debut effort to add ADA into the U.S. spot ETF market space in history.
The 19b-4 filing is a step toward listing the ETF on an exchange. However, before trading can begin, the fund must also clear an S-1 registration statement.
Bloomberg ETF analyst Eric Balchunas pointed out that 2024 has seen sixty filing requests for crypto ETFs as managers push to release regulated cryptocurrency investment vehicles. Approval of this ETF would lead to greater ADA liquidity together with mass market acceptance.
Grayscale filed 19b-4 for a spot Cardano ETF. First one in US and ballpark 60th crypto ETF filed this year so far pic.twitter.com/alj7EjtfIS
— Eric Balchunas (@EricBalchunas) February 11, 2025
Aureal One’s Presale Nears Completion, Gaining Traction as the Next Crypto to Explode
Aureal One is closing in on its presale goal, raising 3,195,547.8 out of its $3,200,000 target. Its native token, DLUME, is currently priced at $0.0011, with a listing price set at $0.005, offering a potential 18.2% increase for early backers.
The project focuses on blockchain gaming and metaverse applications, offering low transaction fees, high scalability, and instant transaction processing.
With blockchain gaming expected to expand in the coming years, many investors are watching Aureal One as the next crypto to explode. Its approach to gaming economies and decentralized virtual worlds is drawing attention from both retail and institutional participants.
Aureal One Expands in Blockchain Gaming and Metaverse
Aureal One is developing a decentralized gaming and metaverse ecosystem. The DarkLume Metaverse is a virtual world where users can own, trade, and interact with digital assets. The platform also features Clash of Tiles, a strategy game that integrates real-time financial market data into its gameplay.
Click here to know more about Aureal One
The DLUME token is the foundation of this ecosystem, facilitating transactions across all Aureal One platforms. Its growing demand and expanding use case could drive adoption as the gaming and metaverse industries continue evolving.
Many investors looking for exposure to blockchain gaming and digital economies are closely following Aureal One’s progress.
DexBoss Introduces a High-Liquidity Trading Platform with Deflationary Features
Meanwhile, another project that is also gaining traction is DexBoss (DEBO). DexBoss operates as a trading platform that supports more than 2,000 cryptocurrencies in its trading system. The project works to elevate decentralized finance (DeFi) by creating high liquidity and reducing price slippage on every trading pair.
A key feature of DexBoss is its deflationary model, which includes a buyback and burn strategy. This approach reduces the circulating supply of DEBO tokens over time, potentially increasing their value.
The presale has raised 563,406.7 out of a $750,000 target, with DEBO priced at $0.011 and an expected launch price of $0.0505. As DeFi adoption grows, DexBoss aims to establish itself as a major player in crypto trading and liquidity solutions.
Is Now the Best Time to Buy ADA and DLUME?
Cardano gained attention after Grayscale submitted an ETF application which provoked market speculation about ADA’s prospective growth. A spot Cardano ETF approval by the SEC would boost institutional buying of ADA which makes it an attractive long-term investment.
The presale conclusion is near for Aureal One while many investors predict DLUME will become the next crypto to explode. The company’s blockchain gaming and metaverse solutions make it a frontrunner for leading the following generation of crypto technological advancements.
ADA together with DLUME show strong potential to become the leading cryptocurrencies for the upcoming bull market.
Read the full article here
Follow us on Google News to get the latest Updates
