Grayscale Cardano ETF Sparks ADA Surge; Unilabs Soars
Big news hit the crypto world on August 12th when Grayscale, one of the largest digital asset management companies, filed for a Cardano ETF in Delaware. This move caused Cardano’s price (ADA) to jump by 30%, quickly rising to $1 within just three days.
Cardano is not the only project making waves. A new platform called Unilabs Finance is shaking things up in decentralized finance (DeFi). Using advanced AI technology, Unilabs aims to change how people invest in crypto. It’s currently in stage 7 of its presale and has already raised over $13.8 million.
Many experts think ADA could see another big price jump if the Cardano ETF gets approved. However, they also believe Unilabs Finance could outperform Cardano with a massive 14,200% price rally during this bull market.
Grayscale has already launched ETFs for Bitcoin and Ethereum. Now, by moving forward with a Cardano ETF, they’re signaling strong interest in ADA. After the announcement, ADA broke through the $0.90 resistance level. Even though it has slowed a bit, it’s still holding above $0.90 and is currently trading around $0.9168 after a small 4% drop in the past 24 hours.
Market sentiment is turning bullish, and analysts now say there’s an 80% chance that the Cardano ETF will be approved by 2025. The MACD indicator also shows growing buying pressure for ADA. The next key resistance is around $0.97, with a major psychological barrier at $1. If ADA can break above these levels, it may push up to $1.25 and even reach $2 by late 2025.
Still, while Cardano has been a top-10 crypto project for a long time, many investors are now focusing on Unilabs Finance. This platform is offering something new — AI-powered investment tools that help everyday users navigate the complex world of crypto investing.
Unilabs has created tools like AI Market Pulse, which scans thousands of crypto projects using on-chain data, volume trends, and social media sentiment to find the best-performing coins. Another feature, the Early Access Scoring System, ranks new crypto projects based on factors like real-world use cases, team strength, community buzz, and token economics.
While ADA may double in price with ETF approval, its potential is more limited because it’s already an established project. On the other hand, Unilabs Finance is still early in its journey and has far more room to grow. That’s why experts believe it could deliver huge returns — possibly over 14,200% — as more investors discover its AI-driven approach to DeFi asset management.
With Grayscale pushing for a Cardano ETF and growing interest in ADA, we could see prices near $2 by year-end. But many analysts are betting on Unilabs Finance as the stronger long-term play. Its innovative tools and early-stage growth make it one of the most promising AI-powered crypto projects in today’s market.