Cardano Soars 60% Following Trump’s Crypto Reserve Announcement!

Cardano Soars 60% Following Trump’s Crypto Reserve Announcement!

Cardano Founder Hoskinson: “Good Things Are Coming” Amid ADA’s Rise

Cardano (ADA) is makingJ waves after President Trump’s decision to include it in the U.S. Crypto Strategic Reserve. This major development has fueled a 60% surge in ADA’s price, making it the top performer among leading cryptocurrencies. Meanwhile, Cardano founder Charles Hoskinson addressed speculation regarding a potential government role, dismissing involvement but hinting that “good things are coming.”

ADA Outshines Market After Trump’s Announcement

ADA has been added3 to the U.S. Crypto Strategic Reserve alongside XRP, Solana, Bitcoin, and Ethereum. This news triggered a surge in Cardano’s price, reinforcing investor confidence and positioning ADA as a standout performer.

Following Trump’s announcement, ADA skyrocketed by 60%, climbing from $0.6468 to $1.06. The rally aligns with increasing confidence among long-term holders (LTHs), who are holding rather than selling. This trend suggests ADA’s momentum could be part of a broader, sustained uptrend rather than a short-lived spike.

Charles Hoskinson Reacts to ADA’s Recognition

Cardano founder Charles Hoskinson playfully acknowledged ADA’s inclusion in the U.S. Crypto Strategic Reserve, joking, “So does this mean we have to change the name to America’s Digital Asset?” His comment underscores the significance of this recognition, even before ADA’s listing on major exchanges like Gemini.

This moment reinforces Cardano’s rising influence in the cryptocurrency landscape. With ADA’s price surging after Trump’s endorsement, investor confidence is reaching new heights.

Hoskinson Addresses U.S. Government Crypto Role Rumors

Speculation has been growing about Hoskinson’s potential role in shaping U.S. crypto policies, particularly after a recent meeting with a high-profile figure in Florida. However, Hoskinson refuted these claims, clarifying that discussions do not imply endorsement or governmental involvement.

He emphasized that the crypto industry already has established experts guiding regulations and urged people to avoid unfounded speculation. Hoskinson stated he would not comment further unless new information emerged.

Charles Hoskinson: “Good Things Are Coming”

Despite ongoing rumors, Hoskinson remains bullish on Cardano’s future. Grayscale has filed for the first-ever spot Cardano ETF in the U.S., marking a significant step for ADA’s mainstream adoption. Additionally, firms like Virtune and 21Shares have introduced Cardano investment products, further strengthening institutional interest.

Cardano’s inclusionq in the U.S. Crypto Strategic Reserve and its recent price surge underscore its growing importance in the digital asset space. Hoskinson remains confident that big opportunities lie ahead. With increasing adoption and investor trust, ADA is poised for continued success in the evolving crypto market.

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