币界网报道:Cardano's ADA token has seen its 50-week moving average cross above the 200-week moving average, a bullish technical indicator known as the "golden cross" that historically precedes significant price rallies. The crossover comes amid growing speculation about potential spot cryptocurrency ETF approvals, with analysts suggesting ADA could benefit from increased institutional interest. Currently trading around $0.38, ADA has shown resilience despite broader market volatility, with its ecosystem continuing to expand through smart contract deployments and decentralized application development. Market observers note this technical formation last appeared in late 2020, preceding ADA's 2021 bull run to $3.10. The development occurs as the SEC reviews multiple spot crypto ETF applications, though ADA isn't currently included in major filings.