Coinbase’s recent filing to launch Cardano (ADA) futures could shift the market significantly by inviting more institutional players and enhancing liquidity. At the same time, Shiba Inu (SHIB) whales are reducing their activity. On-chain reports show a 70% slump in large transactions, raising red flags over declining liquidity and downward price pressure on SHIB.

As major SHIB holders step away, BlockDAG (BDAG) is moving in the opposite direction. Large-scale buyers have continued to acquire BDAG, pushing its presale earnings above $207 million. With listings on 10 top centralized exchanges underway, wider access could trigger even more traction. BDAG is being closely watched as the best crypto for higher returns, with price goals stretching to $1 in 2025 and possibly $30 by 2030.

Coinbase Files for ADA Futures: Could It Boost Institutional Activity?

A regulatory application submitted by Coinbase to the Commodities Futures Trading Commission (CFTC) signals the firm’s plan to introduce futures for Cardano (ADA). This move could increase ADA’s visibility in the derivatives sector and bring more large-scale traders into the fold.

The application, which includes natural gas futures as well, is expected to receive clarity by March 31. While the exact date for ADA futures trading remains unconfirmed, market anticipation has already lifted ADA’s value by 5.63% before a brief pullback. Cardano founder Charles Hoskinson commented on the development, underlining the growing acceptance of ADA-based financial products in traditional markets.

SHIB Whale Activity Drops Sharply as Key Metrics Decline

New on-chain analysis shows a major reduction in Shiba Inu (SHIB) whale involvement, with large transactions down 70% in the past month. Additional data points to a 73% fall in outflows from major holders and an 85% decrease in inflows.

The drop in whale activity has led to reduced liquidity, making upward price moves more difficult. SHIB is hovering around $0.000012, a significant support zone. Continued selling pressure might push the price toward $0.000010.

BlockDAG Readies for 10 CEX Listings Amid Rapid Growth

Momentum is clearly building around BlockDAG, with 10 major centralized exchanges preparing to list BDAG. This increased availability is expected to attract a wave of new buyers, boost trading activity, and improve market liquidity. Large-scale participants have already accumulated significant BDAG volumes during its crypto presale, and the upcoming exchange listings are likely to enhance this trend.

Once BDAG becomes easier to trade, it could draw attention from bigger market players who typically step in when assets become more accessible. Rising interest tends to influence pricing, and market watchers anticipate a sharp reaction post-listing.

The numbers from the BDAG presale highlight its current traction. Over $207 million has been raised, with more than 18.9 billion coins already purchased. From its starting price of $0.001 in batch 1, BDAG has increased to $0.0248 in batch 27—showing a 2380% growth that early holders have already benefited from.

With more than 170,000 wallets holding BDAG ahead of its exchange debut, market confidence appears high. Excitement continues to build as traders speculate on how the launch will affect price movement.

Many already consider BDAG the best crypto for higher returns, and the scheduled listings may help it reach broader milestones. Expectations are already forming around a $1 price in 2025 and a long-term goal of $30 by 2030. The months ahead will be essential in shaping BDAG’s path once it goes live on major platforms.

Final Remarks!

Cardano (ADA) futures are now awaiting regulatory clearance, and if approved, could draw greater institutional volume and price growth. Meanwhile, the decline in Shiba Inu (SHIB) whale participation suggests weakening strength in the absence of major market movers.

While ADA works toward deeper market penetration and SHIB shows fading interest, BlockDAG is quickly gaining attention. Its upcoming listings on ten major CEXs will likely make it far more accessible, increasing visibility and possibly sparking heightened demand from various trading groups.

The presale total of $207 million and over 170,000 holders reflect a growing base ahead of BDAG’s exchange debut. With pricing now at $0.0248 in batch 27, analysts project it could become the best crypto for higher returns, with future prices reaching $30 by 2030.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

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