Cardano ADA News: Trump Includes ADA in U.S. Crypto Reserve, Sending Prices Rallying

In a surprising move, U.S. President Donald Trump has included Cardano’s ADA in the new U.S. crypto reserve, along with Ripple’s XRP and Solana’s SOL. This announcement has sent shockwaves through the crypto market, resulting in a significant rally in Cardano’s price.

Trump Names ADA For Crypto Reserve, Cardano Price Rallies 60%

Before the rally, Cardano price had faced a sharp decline, dropping 30% within a week, from over $0.82 to under $0.60. As of Sunday, March 2, 2025, Cardano price climbed from $0.65 to $1.01 following a surprising announcement from the White House. U.S. President Donald Trump revealed a new U.S. crypto reserve that includes ADA, alongside Ripple (XRP) and Solana (SOL). This move has sent shockwaves through the crypto market, with ADA’s price jump propelling it to the eighth-largest cryptocurrency by market capitalization, overtaking Dogecoin.

Cardano (ADA) Shows Potential for Further Gains

Cardano (ADA) continues to show resilience and bullish momentum, recently reaching higher price levels and defying market volatility. Investors are closely watching ADA as it shows a 2.48% increase over the past 24 hours, outperforming major cryptocurrencies. A CoinStats analyst stated that the breakout above $0.6761 suggests a bullish trend may continue if momentum can be maintained, potentially propelling prices further towards $0.90. The recent surge in prices can be attributed to increased investor interest and strengthening market fundamentals.

Cardano Rallies Over 75% After Inclusion in Trump’s Crypto Strategic Reserve Plan

Cardano has surged more than 75% following its inclusion in U.S. President Donald Trump’s proposed crypto strategic reserve plan. After the Mar. 2 announcement, Cardano’s (ADA) price skyrocketed, rising from $0.6461 to $1.13. Over the past 24 hours, the token’s trading volume increased by 1,450%, averaging $9.7 billion and boosting its market capitalization to $36 billion. The broader crypto market also saw a boost with over $300 billion in capital appreciation. With a strong advance over $0.82, a crucial resistance zone, the price action indicates that Cardano is emerging from a prolonged consolidation phase.

Cardano (ADA) Rally Raises Concerns Despite 50% Price Surge and 1500% Volume Jump- What’s Next?

Cardano’s price, known for its sluggish trend, saw a significant rally with a 50% price surge and a 1500% volume jump. The inclusion of ADA into the Strategic Reserve attracted massive liquidity onto the platform, leading whales to accumulate millions of ADA. This positive news woke up the Cardano bulls.