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Coinbase’s latest filing for Cardano (ADA) futures could be a game-changer, potentially drawing in institutional traders and boosting market liquidity. Meanwhile, Shiba Inu (SHIB) whales are making a different kind of move. On-chain data shows a 70% drop in whale transactions, raising concerns about weakening liquidity and downward pressure on SHIB’s price.
As SHIB whales pull back, BlockDAG (BDAG) is seeing the opposite trend. Whales have been stacking BDAG pushing its presale past $205.5 million, and with 10 major centralized exchanges preparing to list the coin, demand is set to rise even further. Many see BDAG as the best crypto for higher returns, with some eyeing $1 in 2025 and $30 by 2030 as realistic targets.
Cardano Futures on the Horizon as Coinbase Files with CFTC
Coinbase has officially filed with the Commodities Futures Trading Commission (CFTC) to introduce Cardano (ADA) futures, marking a significant step for the cryptocurrency’s presence in derivatives markets. The filing, which also includes natural gas futures, aims to bring more institutional engagement to ADA trading.
Coinbase expects clarity on the approval process by March 31, though a final listing date remains uncertain. Following the announcement, Following the announcement, anticipation around potential Cardano futures fueled bullish sentiment, causing ADA’s price to surge by 5.63% before stabilising. Charles Hoskinson, Cardano’s founder, acknowledged the development, emphasising the increasing adoption of ADA-related financial products in mainstream markets.
Shiba Inu Whales Exit Market as Transactions Drop 70%
Recent data indicates a sharp decline in Shiba Inu (SHIB) whale activity, with whale transactions dropping by 70% in the past month. On-chain analytics also reveal a 73% reduction in large-holder outflows and an 85% drop in inflows, signaling a weakening market position.
The lower participation from Shiba Inu (SHIB) whales has contributed to decreased liquidity, making a price recovery more difficult. SHIB is currently trading near a key support level at $0.000012, and if further selling pressure continues, a dip to $0.000010 is possible.
BlockDAG’s To List On 10 CEXs—Is a Breakout Coming?
BlockDAG is about to take a big step forward, with 10 major centralized exchanges (CEXs) gearing up to list BDAG. That kind of exposure brings in more traders, bigger transactions, and a rush of fresh liquidity. Whales have already been loading up on BDAG during its presale, but once it’s live on exchanges, their activity could ramp up even more.
Institutional holders and high-volume traders tend to move in when assets become easier to trade, and BDAG is about to land right in their line of sight. When demand spikes, prices tend to follow, and that’s exactly what many are watching for.
The altcoin’s crypto presale numbers so far make it clear why BDAG is getting so much attention. It has already pulled in $205.5 million, with over 18.9 billion coins sold and counting. Its price has jumped 2380%, climbing from $0.001 in batch 1 to $0.0248 in the current batch 27, bringing massive ROIs for early holders.
More than 170,000 holders have already secured BDAG ahead of its exchange debut, signaling strong confidence in its potential. As the listings get closer, the buildup is only growing, with traders speculating on how the next phase will play out.
Many already see BDAG as one of the best crypto for higher returns, and the upcoming exchange listings could be the fuel that pushes things even further. With more liquidity and exposure coming soon, some are eyeing $1 in 2025, while long-term predictions suggest $30 by 2030. The next few months will be a crucial test, as BDAG finally enters the open market and traders react to the surge in accessibility.
The Road Ahead for ADA, SHIB, & BDAG
As Cardano (ADA) futures await regulatory approval, increased institutional participation could bring stronger liquidity and price movement in the coming months. Shiba Inu (SHIB) whales, on the other hand, have been offloading, raising concerns about SHIB’s ability to sustain momentum without major buyers stepping in.
While ADA gains traction and SHIB loses steam, BlockDAG is gaining unstoppable momentum. Ten CEX listings are set to make BDAG more accessible, potentially triggering a surge in demand as traders and institutions take notice.
Its $205.5 million presale has already shown massive interest, and once live, prices will likely move faster than expected. Currently, analysts consider BlockDAG the best crypto for higher returns as they predict it will hit $30 by 2030 which is a massive surge from its current batch 27 price of $0.0248.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
