Cardano Skyrockets 60% After Trump’s Crypto Reserve Move—Is ADA Ready for Prime Time?
Cardano (ADA) has taken centre stage after President Donald Trump included it in the newly proposed U.S. Crypto Strategic Reserve. The announcement sent shockwaves through crypto, fueling a massive 60% surge...
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Cardano (ADA) has taken centre stage after President Donald Trump included it in the newly proposed U.S. Crypto Strategic Reserve. The announcement sent shockwaves through crypto, fueling a massive 60% surge in ADA’s price—the largest gain among major cryptocurrencies.
Read Also: Trump’s Crypto Reserve Plan Ignites Market Frenzy—Is Regulatory Recognition Next?
Meanwhile, Cardano’s founder, Charles Hoskinson, addressed swirling rumours about potential U.S. government involvement in crypto policy. While denying any direct role, he reassured the Cardano community, hinting that “good things are coming.”
ADA Leads the Rally After Trump’s Game-Changing Announcement
Trump’s decision to include ADA alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP (Ripple) ignited a frenzy in the Cardano ecosystem. Investors rushed to capitalize on the momentum, pushing ADA’s price from $0.6468 to $1.06—a staggering 60% increase.
While other major cryptocurrencies enjoyed gains, ADA stood out as the biggest winner. The rally reflected a growing wave of confidence among long-term holders (LTHs), many of whom held onto their tokens instead of selling. Analysts suggest this could signal a sustained bullish trend rather than a short-lived pump.
Hoskinson Jokes About ADA’s Recognition—”America’s Digital Asset?”
Regarding ADA’s inclusion in the U.S. Crypto Reserve, Charles Hoskinson playfully tweeted, “So does this mean we have to change the name to America’s Digital Asset?” His lighthearted comment underscored the historic significance of Cardano being listed by the U.S. government before even securing a listing on Gemini, a major crypto exchange.
With ADA surging and investor confidence soaring, Cardano’s influence in the crypto world continues to grow.
Hoskinson Shuts Down U.S. Government Role Rumors
Speculation swirled after reports suggested that Hoskinson had met with a VIP in Florida, sparking theories about his potential involvement in shaping U.S. crypto policy. However, he quickly dismissed the rumors, clarifying that attending meetings does not equate to endorsement.
“There are already plenty of experts handling crypto regulations,” Hoskinson said, urging the community to avoid speculation. He also made it clear that he has no plans to take a government role and would only comment further if new information emerges.
“Good Things Are Coming”—Hoskinson Remains Bullish on Cardano’s Future
Despite the rumours, Hoskinson maintains an optimistic outlook for Cardano. The growing institutional interest in ADA supports his confidence—Grayscale recently filed for the first-ever spot Cardano ETF in the U.S.. At the same time, firms like Virtune and 21Shares have launched investment products centred around ADA.
ADA’s future looks brighter with Cardano’s inclusion in Trump’s Crypto Strategic Reserve, rising institutional adoption, and a surge in investor trust. Whether this momentum leads to sustained growth or another volatile cycle, one thing is certain—Cardano has stepped into the crypto spotlight like never before.
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Disclaimer: The information in this article should not be considered financial advice, and FXCryptoNews articles are intended only to provide educational and general information. Please consult with a financial advisor before making any investment decisions.
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