The Securities and Exchange Commission has asked the issuers of ETFs – including those linked to Litecoin (#ltc), XRP (#xrp), Solana (#sol), Cardano (#ada), and Dogecoin (#doge) – to withdraw their 19B-4 applications. This move follows the approval of new general listing standards that render these applications unnecessary.

CoinShares International has announced the launch of the CoinShares Altcoins ETF (DIME) in the U.S. market. The exchange-traded fund (ETF) includes a curated selection of cryptocurrencies, such as Solana (#SOL), Polkadot (#DOT), Cardano (#ADA), Cosmos (#ATOM), Sei (#Sei), Avalanche (#AVAX), Sui (#SUI), Aptos (#APT), Near Protocol (#NEAR), and Toncoin (#TON).

The developers of #ADA Cardano have authorized the withdrawal of 70 million ADA from the treasury to fund infrastructure development.

Galaxy Digital CEO Mike Novogratz has warned that Ripple (#XRP) and Cardano (#ADA) risk obsolescence unless they demonstrate tangible practical use. He observes a broader shift within the cryptocurrency sector from "narrative tokens" to "business tokens" with measurable value and profit potential. Novogratz predicts this structural change will unfold over the next one to three years, during which wallets and exchanges could evolve into platforms akin to neobanks.

Charles Hoskinson, the founder of Cardano (#ADA), has criticized the current state of the American cryptocurrency sector, asserting that it faces greater difficulties under Donald Trump’s presidency than under Joe Biden.

Hoskinson voiced his displeasure with the Trump administration’s initiatives, specifically mentioning the introduction of #TRUMP and #MELANIA, and condemned the growing politicization of digital currencies. He highlighted that inadequate management and the lack of comprehensive regulations are impeding bipartisan legislative progress.

The entrepreneur warned that these developments risk tarnishing cryptocurrencies, casting them as tools intertwined with political agendas and corruption.

#ADA sentiment: Over the past two months, large investors have accumulated 454.7 million ADA, whereas smallholders have divested 22,000 ADA.

📊 #ADA Sentiment: Over the past two months, large investors have accumulated 454.7 million ADA, whereas small holders have sold 22,000 ADA.

CME has introduced futures for #ADA, #LINK, and #XLM.

Based on the 30-day MVRV indicators for large-cap tokens, the current market valuation presents the following picture:

Undervalued tokens:
Ethereum (#ETH): -14.3%

Slightly undervalued tokens:
Bitcoin (#BTC): -6.9%
Chainlink (#LINK): -5.1%
Ripple (#XRP): -4.1%
Cardano (#ADA): -2.0%

Over the past year, wallets active on the Cardano network have realized an average return of -43 percent. This markedly low Market-Value-to-Realized-Value (MVRV) indicates that #ADA is presently in an "opportunity" or "buy" zone, according to Santiment.

Over the past year, wallets active on the Cardano network have seen an average return of -43%. This notably low Market-Value-to-Realized-Value (MVRV) indicates that #ADA is presently in an "opportunity" or "buy" zone.