Asset manager Grayscale Investments has filed to go public in the U.S., marking a potential turning point for crypto legitimacy on Wall Street. If approved, the firm’s IPO could send ripples across the entire altcoin market.

For ADA holders hoping Cardano will reach $5, the implications are twofold: increased institutional flows could lift ADA’s long-term outlook, but it also raises the bar for network utility and competitiveness.

Meanwhile, a different token is taking the crypto world by storm. DeepSnitch AI is an AI-powered toolkit letting everyday investors make smarter trading decisions, and it’s being quickly picked up as one of the most promising altcoins of the cycle.

Grayscale IPO: Big news for crypto legitimacy

Grayscale, the firm behind the largest Bitcoin and Ethereum investment trusts, filed a Form S-1 to list its shares on the New York Stock Exchange under the ticker “GRAY.” If greenlit, this would mark one of the most prominent digital asset IPOs in U.S. history.

This filing coincided with the reopening of the SEC after a 43-day shutdown, signaling a likely wave of new crypto investment products ahead. Investors are watching closely, as Grayscale’s IPO could fast-track mainstream capital into tokens like Bitcoin, Ethereum, and potentially ripple into smaller altcoins like Cardano.

Top altcoins to watch in November

DeepSnitch AI ($DSNT): Deepsnitch AI aims for 100x gains

DeepSnitch AI might just be the most promising crypto project in years. It’s a real utility program built for retail traders to help them navigate the increasingly risky altcoin markets.

With scams, rug pulls, and manipulated contracts happening every day, DeepSnitch deploys five AI agents inside Telegram to act as your personal risk radar.

And it’s not just for those who trade daily. Given its real-world utility and growing community hype, DeepSnitch AI is looking like it could very well 100x or even 1000x over the coming months and years.

Early investors are piling in, with over half a million dollars already raised and the price up nearly 50% from its initial offering. It’s clear that people are betting this could be the next 100x.

Cardano ($ADA): Can it still reach $5?

Cardano is down over 27% in the past month to sit near the $0.53 range, reflecting broad market weakness. Despite this, on-chain data suggests whales are accumulating around the $0.58 level.

If this support holds, ADA could rebound toward the $0.70-$0.80 zone. However, a breakdown could drag it toward $0.45 or lower. Its long-term forecast depends on sustained ecosystem growth and macro tailwinds.

Some believe ADA could hit $5 in 2026, but that would require a confluence of bullish events, including mass adoption and a crypto-wide surge. Still, ADA’s long-term outlook seems strong, and it’s certainly a coin to consider.

Ethereum ($ETH): Will ETH retest $3,500?

Ethereum dipped nearly 6% on November 13th, largely due to leveraged unwind and profit-taking. Weekly performance is also slightly negative, hovering around -3%.

However, behind the scenes, it appears that whales are accumulating.

A 52% surge in ETH spot order activity suggests institutional players could be preparing for a breakout. If sentiment flips, ETH could retest the $3,500 – $4,000 range, though short-term risks place support closer to $2,850.

What’s the verdict?

Altcoins like Cardano and Ethereum may be leading the headlines, but the real asymmetric opportunities often lie in early-stage opportunities. DeepSnitch AI has already proven itself with over $527,000 raised.

Plus, with a 50% price gain already under its belt and uncapped staking live, it’s clear DeepSnitch AI could prove to be one of the biggest early gainers of 2026.

Visit the official website for more information, and join X and Telegram for community updates.

FAQs

Can Cardano ADA reach $5?

Only under very bullish conditions. DeepSnitch AI may offer higher upside from a lower base.

Should I buy Cardano or Ethereum?

Both are solid, but if you want early-stage growth potential, DeepSnitch AI is attracting attention.

How high can Cardano go in 2025?

Some predict ~$1-2 if momentum returns. But many believe smaller tokens like DeepSnitch have better 100x potential.

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The post Cardano Price Prediction: Crypto Asset Manager Grayscale Files For U.S. IPO, Will Cardano Reach $5? appeared first on Coindoo.

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Filed under: Bitcoin - @ November 16, 2025 12:25 am