Cardano (ADA) price experienced a remarkable rally of 15% following news of Grayscale’s application for a spot ETF. This surge has enabled Cardano to outpace major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and XRP. The rising excitement around Cardano’s potential as an investment product is gaining traction, driving bullish sentiment across the market. Investors are optimistic that this momentum will continue, potentially pushing ADA towards new price heights. Keeping a close eye on ADA’s market activity becomes essential for crypto enthusiasts.