“A quiet revolution just echoed across Wall Street…”
📅 It All Began on June 2nd, 2025…
Early morning, June 2nd. Most of the crypto world was busy chart-watching, unaware that something monumental was quietly unfolding in the background. A subtle announcement made waves that are still rippling through the financial markets:
Nasdaq officially added Solana (SOL), Cardano (ADA), Stellar Lumens (XLM), and XRP to its Crypto US Settlement Price Index (NCIUS).
No fireworks. No breaking news banners.
Just an official confirmation that four of crypto’s most talked-about assets had finally entered the hallowed halls of traditional finance.
🧠 But What Is the Nasdaq Crypto Index US (NCIUS)?
Let’s rewind for a second.
The Nasdaq Crypto Index US (NCIUS) isn’t just another random crypto chart—it’s an institutional-grade benchmark designed to track the performance of the largest and most liquid digital assets traded in the U.S.
Think of it as the S&P 500 of crypto.
It’s built for asset managers, ETF creators, and institutional investors who want exposure to crypto but through a structure they’re familiar with.
And now, for the first time, four major altcoins are officially a part of it.
🌟 Why This Is a HUGE Deal
Adding $SOL, $ADA, $XLM, and $XRP to the index might seem like a technical update, but it marks a seismic shift in how traditional finance views these digital assets.
Here’s why it matters:
| 🔍 Factor | 💥 Impact |
|---|---|
| ✅ Regulatory Recognition | Inclusion in a Nasdaq index suggests confidence in regulatory clarity and long-term viability. |
| 📈 Institutional Access | Makes it easier for ETFs and funds to track these cryptos. |
| 🧠 Market Legitimacy | Improves perception among traditional investors skeptical of altcoins. |
| 💼 Potential for Spot ETFs | Sets the groundwork for multi-asset crypto ETFs, not just BTC & ETH. |
🎯 What’s the Backstory? Who Made This Happen?
Behind the scenes, the engine driving this transformation is CF Benchmarks—a subsidiary of Kraken and the official calculation agent for Nasdaq’s crypto indices.
They conducted a scheduled rebalancing of the index, based on asset liquidity, market capitalization, and regulatory alignment.
Their logic?
“If the asset has proven itself in terms of liquidity, real-world utility, and market cap — it belongs in the index.”
It’s a massive nod of respect to the altcoins that have long played second fiddle to Bitcoin and Ethereum.
🔍 A Closer Look at the New Entrants
💎 1. Solana ($SOL)
Often dubbed the “Ethereum killer,” Solana boasts lightning-fast transactions and a thriving DeFi ecosystem. From NFT marketplaces to Web3 gaming, it’s grown exponentially in just a few years.
👉 Current Price: $151.03
👉 Intraday Range: $146.60 – $152.35
🧬 2. Cardano ($ADA)
Known for its academic approach and founder Charles Hoskinson, Cardano is a peer-reviewed blockchain platform focused on sustainability and smart contracts.
👉 Current Price: $0.66
👉 Intraday Range: $0.63 – $0.67
✨ 3. Stellar Lumens ($XLM)
Stellar is the unsung hero of cross-border payments. It quietly powers countless fintech apps and has even collaborated with IBM and the Ukrainian government.
👉 Current Price: $0.26
👉 Intraday Range: $0.26 – $0.27
🌐 4. XRP ($XRP)
Despite legal challenges, XRP has remained a top-10 coin. With Ripple’s mission to modernize international finance, XRP continues to be at the center of global remittance innovation.
👉 Current Price: $2.18
👉 Intraday Range: $2.13 – $2.18
🤔 So, What Happens Next?
This inclusion doesn’t mean every ETF will immediately hold these tokens. In fact, as of now, U.S. regulators still limit many crypto funds to only BTC and ETH.
That means:
🧠 The index now tracks these assets — but some ETFs may experience tracking errors because they can’t legally hold them… yet.
But here’s the kicker:
This move paves the way for crypto ETFs to expand their horizons. Once the regulatory gate opens wider, expect to see diversified products holding a broader range of digital assets — including the ones just added.
🔮 Final Thoughts: A Step Toward the Future
Wall Street is often late to the party — but when it arrives, it stays for good.
By recognizing Solana, Cardano, Stellar, and XRP as key components of its benchmark index, Nasdaq is doing more than tracking prices. It’s validating their role in the future of finance.
Whether you’re a trader, investor, or just crypto-curious, this news should be a wake-up call:
📢 Altcoins are no longer on the sidelines.
They’re being invited to the main stage. And the show is just beginning.
