Cryptocurrencies are inching closer to mainstream adoption. Bitwise has just filed for an XRP ETF, which marked a significant step toward more institutional involvement in the crypto space. Meanwhile, Cardano (ADA) is already in the spotlight, with investors speculating it could be next in line for an ETF.
However, while the focus has been on Ripple and Cardano (ADA), there’s another player steadily gaining ground. INTL is quietly positioning itself for a surge that could outpace both, offering an opportunity that many might be overlooking. Let’s explore why this under-the-radar project could become the crypto world’s next breakout star.
XRP ETF Filing: A Turning Point for Institutional Crypto Adoption
Bitwise’s filing for the first XRP ETF with the SEC marks a major step in crypto adoption. It could bridge the gap between traditional finance and digital assets, which would make Ripple more accessible to institutional investors.
The proposed XRP ETF gives investors an easy way to access Ripple. Investing in crypto is often tricky, with digital wallets and unregulated markets. An XRP ETF simplifies this by offering a structure similar to stocks or commodities. For hesitant institutions, this change could be a game-changer.
Moreover, experts see Bitwise’s filing as a vote of confidence in Ripple. Bitwise, known for its Bitcoin and Ethereum ETFs, is moving ahead despite past regulatory issues. This action could push other institutions to view XRP as a legitimate investment. In February 2024, 68% of crypto fund inflows came from institutions. An XRP ETF could boost that number even more.
Interestingly, this filing follows Ripple’s recent legal victory. Ripple settled with the SEC over claims that XRP is a security. However, challenges remain. Bitwise’s filing doesn’t mean instant approval. The SEC could still appeal the Ripple ruling, creating some uncertainty. Experts suggest 2025 as a more realistic timeline for final XRP ETF approval. Yet, the filing has already shifted market sentiment in Ripple’s favor.
Is Cardano (ADA) Next in Line for an ETF? The Rising Hopes and Possibilities
Cardano (ADA) has become a hot topic among industry analysts as whispers of a potential ETF listing after XRP ETF. Despite these rising hopes, the Cardano (ADA) price performance tells a different story. Currently trading at around $0.3695, the coin has seen a sharp decline from its peak of $3.09. This drop is not just a result of market-wide sentiment but also reflects weakening confidence among whale investors, with their numbers shrinking by 18% over the past month.
Furthermore, recent upgrades like Ouroboros Leios and the first hard fork of the Voltaire era haven’t boosted the price. Instead, Cardano (ADA) remains stuck in a tight symmetric triangle pattern, hinting at indecision among traders. Adding to this, the RSI signals a bearish trend, pointing to more possible declines.
For investors eyeing the Cardano (ADA) future, the ETF speculation may provide a short-term boost, but it’s crucial to watch whether these developments can truly alter its course or if the bearish trends will prevail.
This leads to IntelMarkets (INTL) with growing institutional interest and potentially greater upside than Cardano (ADA). As attention shifts, INTL’s unique value proposition positions it as a potential breakout opportunity in the ETF race.
IntelMarkets (INTL): The Undervalued Gem Poised to Surge Higher
IntelMarkets (INTL) is gaining attention as a top contender in the AI and DeFi sectors. Unlike traditional platforms, it’s built to revolutionize trading by integrating AI-driven analysis, self-learning trading robots, and multi-chain compatibility. This combination offers traders and investors access to features typically reserved for large institutions, such as automated trading, high liquidity, and 1000x leverage​.
Moreover, IntelMarkets supports dual-chain functionality with Ethereum and Solana. It supports lowers transaction costs, speeds up processing, and provides a smoother trading experience overall. Additionally, the platform’s Intelli-M multi-channel analysis integrates data from over 100 sources. Consequently, traders get detailed buy and sell signals and make smarter, data-driven decisions.
More importantly, IntelMarkets focuses heavily on security. It uses the Route X21 protocol, a quantum-resistant solution designed to protect DeFi assets from future computational threats. With backing from AI industry giants like Nvidia and strong investor interest, IntelMarkets’ presale has already raised over $909,000. Analysts forecast INTL’s potential rally of up to 1,100% post-launch​.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Also Read: Altcoin Season Is Here: 5 Coins That Could Turn $200 Into $2 Million!
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