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Cardano Community Buzz: Gemini’s Potential ADA Listing

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Cardano's Uphill Battle: ADA Struggles to Break $0.500 Resistance

Speculation grows in the Cardano community about Gemini possibly listing ADA, the 10th-largest cryptocurrency. Rumors started after Gemini described Cardano as an “open-source protocol” focused on consensus and governance democratization.

Fueling these speculations, Gemini published an article about Cardano authored by Frederik Gregaard, the CEO of the Cardano Foundation. Gemini featured this article on its education platform, Cryptopedia. In a video shared by Cardano staking pool operator St₳kΣ with Pride, Gregaard mentioned his ongoing efforts with top crypto exchanges to potentially list ADA.

Community Anticipates ADA Listing

Following Gregaard’s comments, the publication of the article by Gemini stirred further speculation about the exchange’s plans to list ADA. Prominent Cardano community members, including St₳kΣ with Pride, have been particularly vocal. 

In a recent X post, St₳kΣ with Pride confidently asserted that Gemini would list ADA and possibly support other digital assets on the Cardano blockchain, known as Cardano Native Tokens (CNTs). Despite these developments, Gemini has not provided any updates on its plans to list ADA. 

Related article: Cardano’s ADA Surges as Trading Volume Tops $550M

Gemini, established in 2014, is one of the top centralized crypto exchanges globally, currently ranking 16th. According to CoinMarketCap, its 24-hour trading volume is $54.41 million. The exchange offers various cryptocurrencies like Bitcoin (BTC), Shiba Inu (SHIB), Ether (ETH), Dogecoin (DOGE), Filecoin (FIL), and Bitcoin Cash (BCH).

Renewed Optimism

However, Gemini’s delay in listing ADA has left many Cardano community members frustrated. Although ADA is the 10th-largest cryptocurrency by market cap, Gemini has consistently ignored calls to list it without providing any explanations. 

Related article: Cardano Achieves 90 Million Transactions: A Landmark Moment

Now, the recent publication about Cardano has sparked renewed optimism within the community, with many speculating that the exchange is on the verge of listing ADA. Additionally, the Cardano community eagerly anticipates a potential ADA listing on Gemini. While the exchange has not yet confirmed these plans, the recent educational article and Gregaard’s comments have ignited fresh hope and speculation.

If Gemini does decide to list ADA, it would mark a significant development for both the exchange and the Cardano ecosystem.

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Introduction Cryptocurrencies are rapidly evolving, offering investors many opportunities amidst the ever-changing financial landscape. In this article, we delve into