Cardano (ADA) — First in Line for Altcoin ETF Approval?Cardano / US DollarCOINBASE:ADAUSDH2A3S1The SEC’s Oct 10 deadline is getting closer, and the spotlight is finally shifting from Bitcoin and Ethereum ETFs to altcoins. Among the names lined up — LTC, AVAX, BNB, SUI, TRX, DOT, HBAR — one coin quietly stands out as the strongest candidate: Cardano (ADA). Why ADA has the edge: ✅ Liquidity & Market Depth — ADA consistently ranks among the top 10 cryptocurrencies by market cap and has deep daily trading volumes across U.S. compliant exchanges. Liquidity is one of the first boxes the SEC looks at, and ADA clears it. ✅ Custody Infrastructure — Secure, regulated storage solutions already exist for ADA through major custodians like Coinbase Custody. This is critical, because ETFs can’t launch without institutional-grade custody. ✅ Regulatory Safety — Unlike some other altcoins under active lawsuits or investigations, ADA has avoided direct SEC enforcement. The absence of legal baggage is a major advantage. ✅ Institutional Demand — ADA has already been included in regulated crypto indexes and institutional products in the U.S. and abroad, proving that large investors are willing to allocate to it. ✅ Proven History — Launched in 2017, Cardano has weathered multiple bull and bear markets. That track record of resilience makes it easier for regulators to view ADA as a mature, stable network. Together, these factors give ADA one of the cleanest approval profiles in the Oct 10 batch. If the SEC decides to take the leap and approve its first altcoin ETF, Cardano may very well be the one to open the door.