The cryptocurrency community is expected to follow new data from Polymarket, a popular forecast market. This indicates that there is a 55% chance that Cardano (ADA) ETF will be approved by the end of 2025.
This shows a jump of a significant 45% of the odds compared to the beginning of the year.
Cardano ETF approval hopes to increase network activity
This massive jump shows that it will boost confidence among traders that regulators can approve ADA spot ETFs, just as they did for Bitcoin and Ethereum. If the ADA ETF is approved, it opens the door for more institutional investments in the coin, which will boost mainstream adoption and cardano prices.
Optimism about the approval of this ETF remains the same from January until the date. This was the period when Polymarket began this strange pursuit. Analysts believe there are multiple factors that can lead to this aggressiveness.
Many regulators have embraced cryptocurrency-related investment products, particularly after the success of Spot Bitcoin and Ethereum ETFs, which were approved in the US last year.
Additionally, facility investors could be attracted to Cardano because of its strong foundations, such as blockchain and aggressive development of proofs in its ecosystem. Meanwhile, some analysts have warned investors not to over-high expectations.
They argue that before approving this ETF there are a number of factors that could still affect the regulator’s decision.
Cardano transaction jumps to almost 50,000
Cardanoscan data in Cardano Explorer shows that the transaction volumes on the Cardano blockchain ranged from 10,000 to 50,000 from April 30th to May 12th.
A prominent shift began on May 7th. According to the chart, the number of daily transactions has increased to over 35,000, exceeding 40,000 many times. The last data from the chart on May 15, 2025 showed that the number of transactions was nearly 50,000.
Transaction counts are indicative of real-world use of assets apart from speculative transactions. These numbers aren’t close to all-time highs, but 10,000-50,000 transactions per day are evidence of reliable throughput for the network.
