Cardano Price Eyes $0.70 As Trump Reserve Rumor And ETF Deadline Shake Up $ADA

Key Takeaways:

• Trump’s mention of a Cardano reserve and institutional signals has sparked renewed momentum.
• SEC clarity on staking and a pending ETF deadline are reshaping ADA’s regulatory outlook.
• Asia-led trading volume and cross-chain innovations hint at a global breakout moment.

The cryptocurrency market was set ablaze after TapTools posted a thread revealing that Donald Trump had declared the establishment of a strategic reserve of Cardano’s ADA. While this claim sent ADA’s price charts into brief chaos, it was the deeper market undertones that deserved attention.

The unexpected link between a political figure like Trump and ADA catalyzed speculative buying, echoing similar meme-driven waves seen with Dogecoin in earlier cycles.

Trump announced a strategic reserve of Cardano $ADA.

It sent shockwaves through the price chart.

But here’s the thing—
there are other catalysts just as powerful that most are overlooking. 🧵 pic.twitter.com/i7k3u5etR6

— TapTools (@TapTools) June 3, 2025

However, the story doesn’t end with a tweet. As of June 2025, nearly $1 billion worth of ADA has been moved off exchanges, a trend tracked by crypto insights platform IntoTheBlock.

This kind of offloading signals long-term accumulation, commonly referred to as “smart money” behavior. The last time such large-scale accumulation occurred was in Q2 2021, just months before ADA reached its all-time high of $3.10.

Regulatory Winds Shift in Cardano’s Favor

The U.S. Securities and Exchange Commission recently clarified that staking services, core to proof-of-stake chains like Cardano, do not constitute securities.

This announcement, led by Director of Trading and Markets Haoxiang Zhu, reverses previous ambiguity that stifled development and institutional interest. In tandem, the SEC has scheduled a decision deadline for the first-ever Cardano-based ETF: October 22nd, 2025.

If approved, this ETF could provide institutional access to ADA on an unprecedented scale, much like Bitcoin ETFs did for BTC earlier this year. Bloomberg Intelligence data shows that Bitcoin ETFs brought in over $12 billion in the first three months alone, a benchmark ADA may soon chase.

Cardano Outpaces Ethereum in Dev Commits

While the headlines are filled with regulatory and institutional stories, Cardano is silently building much better than its rivals. As per the data provided by Santiment, which aggregates development activity on GitHub, Cardano now leads the whole blockchain ecosystem in core developer commits, even surpassing Ethereum.

This increase is accompanied by the landmark first successful cross-chain transaction allowing Bitcoin to move in and out of Cardano without wrapping or bridges, thereby marking an important moment for interoperability.

Together with surging ADA/JPY trading volumes, which is now the second most traded pair in the world, Cardano is becoming a global phenomenon.

At press time, ADA trades at $0.6676, a 2.18% decline compared to the past 24 hours. The technical model indicates a V-shaped recovery backed by a daily volume of 45.7 million. If the buying momentum continues, then ADA might soon be able to test the resistance at $0.702.

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