eToro Officially Relists Cardano’s ADA on Their Trading Platform, Showing ADA Price Pump Support

• eToro officially relists Cardano’s ADA on their trading platform. 
• This not only shows the altcoin’s growing popularity for the Cardano blockchains as well. 
• ADA price pump is expected to hit several new ATHs this altseaon peak phase.

eToro officially relists Cardano’s ADA on their trading platform, showing ADA price pump support. In detail, Cardano’s native token ADA was delisted from eToro in 2021 due to regulatory concerns as defined by a $1.5 million SEC settlement. Now with teh Trump administration easing crypto regulation, ADA, along with 12 other crypto assets have once again been listed on eToro.

eToro Officially Relists Cardano’s ADA

The SEC had been a nightmare for crypto companies to flourish in the USA. Specifically, under Gary Gensler, who seemed to be on the war path to hinder the growth of every innovative attempt within the crypto realm. So much was the damage that promising projects like Ripple and Cardano, which were targeted exclusively, unlike ETH, saw that their native tokens, XRP and ADA, took the brunt of the damage. 

Thus, while ETH price continued to pump, prices for promising altcoins like ADA and XRP were hindered and fell over the course of Gensler’s tenure. In fact, many companies, including Coinbase, were looking to shift their base of operations from the USA to crypto-friendly nations like the UAE. However, all that came to a close when Trump ran for office again on a pro-crypto platform. 

During his presidential campaign, Trump began his speech with a promise to fire Gary Gensler and allow crypto companies to flourish at home in the United States of America. Trump pledged to allow crypto companies to flourish within the US instead of pushing them away to other countries and taking profits elsewhere. Now, with Trump in power, he has delivered all these promises and intends to make the USA the crypto hub of the world, even establishing a US Strategic Bitcoin Reserve. 

ADA’s Rise and High Expectations

Trump’s administration has since loosened crypto regulation within the country and leading to eToro relisting 12 other cryptocurrencies back on its trading platform. Among these crypto assets is Cardano’s native token ADA . The crypto and Cardano communities are aware that the trading platform is home to over 40 million users, therefore increasing exposure to ADA, an already promising altcoin set to surge to significant new ATHs this bull cycle. 

To highlight, ADA, alongside ETH and XRP, is one of the most bullish altcoins in the crypto market this bull cycle. Furthermore, the Cardano blockchain has made quite a few upgrades to its ecosystem since the last cycle, making these ADA pump expectations all the more exciting to the crypto community. With new ATHs ahead, analysts wonder how much ADA price can pump this bull cycle.