Cardano Community Buzz: Gemini’s Potential ADA Listing

Join us on :

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.

Cardano $ADA is an open-source protocol democratizing the process of consensus and governance

It was created to be a scalable, interoperable, and sustainable solution compared to other PoS blockchains ⤵️ https://t.co/njwgPI8CNh
— Gemini (@Gemini) May 11, 2024

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.

🚨 Gemini is going to list $ADA and potentially CNTs too.

Frederik stated he was working with large exchanges and Gemini just published a post authored by him. #Cardano https://t.co/Xh9IQxfHe7 pic.twitter.com/4ZGsuQdjAn
— St₳kΣ with Pride 🌈 (@StakeWithPride) May 11, 2024

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.

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.

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.