- Cardano’s stablecoin staking aims to boost liquidity and reduce slippage, attracting users to dollar-pegged assets.
- Charles Hoskinson’s engagement with U.S. regulators paves the way for clearer policy and institutional adoption of ADA.
- Franklin Templeton’s participation in Cardano strengthens its position in institutional portfolios, signaling confidence in the network’s future.
Cardano enters October with significant developments that have captured the attention of the crypto world. Key catalysts, such as the introduction of stablecoin staking, active engagement with U.S. regulators, and the upcoming decision on a Cardano ETF, are all contributing to the growing interest in ADA. Additionally, Franklin Templeton’s involvement in running a Cardano node further reinforces the network’s appeal to institutional investors.
Cardano is also introducing staking of stablecoins in a new protocol, Minotaur, that gives users an opportunity to earn rewards on stablecoins, which are generally less volatile than other cryptocurrencies. The Cardano Foundation has announced the allocation of an ADA that is eight figures to improve the liquidity of stablecoins within a period of 6 to 12 months. Currently, approximately 38-39 million dollars of stablecoins are accessible in Cardano, such as USDM, USDA, iUSD, and DJED. The project should enhance liquidity among users of decentralized finance (DeFi), as well as minimize slippage among users who find dollar-pegged assets more appealing.
Hoskinson and his Interaction with U.S. regulators.
The founder of Cardano, Charles Hoskin, also took part in a roundtable meeting with U.S. policymakers on the Senate Banking Committee. This conference, along with the leading crypto companies, Ripple, Coinbase, and Kraken, was about regulatory issues, compliance, and institutional adoption. Although such discussions do not usually result in instant market dynamics, they play an important role in preparing the groundwork for the inflow of capital and regulatory transparency in the future.
Grayscale’s filing for a Cardano Trust ETF is a significant development, as the SEC streamlines the approval process for crypto ETFs. The likelihood of a Cardano ETF approval is now approximately 96%, according to PolyMarket. The SEC’s decision on Cardano ETFs, including Grayscale and Tuttle Capital’s offerings, is expected by October 26, 2025. Should the ETF be approved, it could open the doors to billions in new investments, marking a major milestone for ADA’s institutional adoption.
Franklin Templeton Adds Cardano to Its Institutional Portfolio
Franklin Templeton, a global asset management giant with over $1.5 trillion in assets under management, has strengthened its institutional stance on Cardano by running a node within the network. This move signals a high level of confidence in Cardano’s technology and supports the narrative of institutional adoption. Running nodes not only boosts security but also contributes to the network’s decentralization.
Despite the positive developments, Cardano’s price remains in a corrective phase as it has not yet broken key resistance levels. ADA has shown a small three-wave bounce, but a full five-wave move is needed to confirm a strong upward trend.
