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Cardano staking pool operator (SPO) Sssebi (@Av_Sebastian) has ignited a debate by asserting that Cardano’s ADA may attain double-digit territory this yr. In a thread that started, “These are the elements for $10 $ADA in 2025,” he listed 5 developments he believes will rework the eighth-largest cryptocurrency from a $0.70 token right into a $10 asset. Every of these “elements” is now taking form—and every comes with its personal uncertainties.
#1 Cardano Turns into Bitcoin’s DeFi Layer
On the Bitcoin 2025 convention in Las Vegas, Enter Output (IO) shocked attendees by shifting a reside Bitcoin Ordinal throughout a brand new BitVM-based bridge to Cardano. IO known as the demonstration “a preview of what’s to return,” including that the “Cardinal” protocol goals for full integration so BTC holders can lend, borrow and stake inside Cardano’s extended-UTxO atmosphere. By transplanting Bitcoin liquidity onto a programmable ledger with out wrapped custodial tokens, Cardano positions itself as a settlement layer for so-called BTCFi functions—an addressable market that right now tops $1 trillion in dormant worth.
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#2 The Midnight “Glacier Drop” Airdrop
Cardano founder Charles Hoskinson informed Consensus 2025 in Toronto that Midnight, his privacy-focused sidechain, will airdrop each NIGHT governance tokens and DUST privateness tokens to “roughly 37 million wallets throughout eight main blockchains”—with “zero allocation to enterprise capitalists.” “Each Consensus there’s a brand new token saying, ‘my factor is healthier,’” he mentioned. “We’re going to offer this away and let customers determine.” The sheer scale dwarfs current airdrops and will seed tens of tens of millions of latest ADA-capable addresses as soon as Midnight’s cross-chain payment mannequin pushes visitors again to the bottom chain.
#3 A US Listed Cardano Spot ETF
In February NYSE Arca filed to transform the Grayscale Cardano Belief right into a spot ETF. The Securities and Alternate Fee acknowledged the applying on 24 February, beginning a 240-day clock that now runs to 22 October 2025. The company’s first-phase deadline of 29 Could was pushed to fifteen July, following the sample that preceded January’s Bitcoin ETF approvals.
Grayscale has argued that ADA’s on-chain transparency and staking mechanics make it “considerably proof against manipulation,” echoing the language that in the end persuaded regulators on Bitcoin. An approval would give conventional traders a regulated conduit to stake-enabled yield—one thing no US crypto ETF but affords.
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#4 ADA In The US Strategic Reserve
President Donald Trump’s March govt order created a Strategic Bitcoin Reserve and a US Digital Asset Stockpile to carry crypto seized in federal circumstances. A subsequent Reality Social publish stunned markets by naming “XRP, Solana and Cardano” for inclusion alongside Bitcoin and Ether; ADA jumped greater than 70% intraday.
Although the order bars contemporary purchases of altcoins, Treasury accounting exhibits roughly $493 million in non-Bitcoin belongings—ADA amongst them—already earmarked. Chainlink co-founder Sergey Nazarov known as the transfer “a reputational enhance, signaling the US. views digital belongings as strategic.” Inclusion in a sovereign reserve legitimises ADA for conservative allocators and will ease the trail for futures and choices listings.
#5 The Ouroboros Leios Improve
Hoskinson labels Leios “the capstone of the complete Ouroboros agenda … the quickest cryptocurrency on the planet.” In a Could 1 livestream he mentioned simulations present “tens of hundreds of transactions per second” with out sacrificing decentralization. The improve introduces parallel enter, rating and endorsement blocks, permitting throughput to be dialed up as adoption calls for. If main-net integration lands in H2 2025, Leios would coincide with Midnight’s launch and the ETF evaluate window—an alignment bulls see as catalytic.
ADA trades close to $0.70 right now, implying a market capitalization of roughly $25 billion. A soar to $10 would push valuation towards $350 billion, rivaling Ethereum’s 2024 peak.
Featured picture created with DALL.E, chart from TradingView.com