Recently, the crypto assets market has become increasingly optimistic about the approval of the Cardano ETF. According to the latest data from the prediction platform Polymarket, the likelihood of the Cardano ETF being approved in 2025 has risen to 83%. This figure echoes the 90% expectation given by Bloomberg analysts earlier this month, reflecting the market's judgment that the regulatory environment may become more lenient.

The latest policy trends of the U.S. Securities and Exchange Commission (SEC) regarding Crypto Assets-related products are seen as a signal that the regulatory attitude may be shifting. Although the SEC has postponed the approval timeline for Grayscale's Cardano and Avalanche ETFs from May to mid-July, the final decision deadline remains set for October 2025. This postponement decision has not dampened the market's optimism; instead, it has strengthened investors' confidence in the eventual approval.

Industry insiders generally believe that if the Cardano ETF is successfully approved, it will bring new institutional capital inflows to ADA, potentially driving its price trend. Meanwhile, Cardano founder Charles Hoskinson recently made striking statements. He indicated that the growth potential of ADA could far exceed that of Bitcoin, predicting that the ADA price could achieve a growth of 100 times or even 1000 times. Hoskinson believes that innovative projects within the Cardano ecosystem, such as Midnight, as well as its potential as a functional layer for Bitcoin, will all contribute to achieving this ambitious goal.

As the final decision date by the SEC approaches, the crypto assets community is closely watching the developments of Cardano. The heightened expectations for ETF approval, coupled with the founder's optimistic outlook for the future, provide strong support for the long-term value of ADA. However, investors need to remain cautious and closely monitor changes in the regulatory environment and the project's actual progress to make informed investment decisions.