Cardano Surges 60% After Trump’s Crypto Reserve Announcement

Published:March 03, 2025 Updated: April 06, 2025
Author: Mohit Raghuwanshi
ADA Skyrockets 60% After Trump’s Tweet!

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

Cardano (ADA) has made headlines after President Trump included it in the U.S. Crypto Strategic Reserve. This announcement sparked excitement in the Cardano community, leading to a massive 60% price surge and making ADA the biggest gainer among major cryptocurrencies. Meanwhile, Cardano founder Charles Hoskinson addressed rumors about a possible U.S. government crypto role, denying involvement but assuring that "good things are coming."

ADA Outshines Market After Trump’s Tweet

ADA in the Crypto Strategic Reserve, alongside XRP, SOL, BTC, and ETH. This announcement sent shockwaves through the Cardano community, fueling excitement and a massive 60% surge in ADA’s price, making it the biggest gainer among major cryptocurrencies.

Cardano (ADA) saw the biggest price jump after President Trump’s tweet about including it in the Crypto Strategic Reserve. While other major cryptocurrencies like XRP, Solana, Bitcoin, and Ethereum also gained, ADA led the rally. The excitement in the Cardano community helped push the price even higher. Investors saw this as a sign of strong support for ADA’s future.

ADA surged 60% after the tweet, jumping from $0.6468 to $1.06. The rally also matched growing confidence among long-term holders (LTHs). With more investors holding onto their ADA instead of selling, the price gained even more momentum. This could mean the rally isn’t just temporary but part of a bigger uptrend for Cardano.

Charles Hoskinson Jokes About ADA’s Recognition in the U.S.

Cardano founder Charles Hoskinson playfully reacted to ADA’s inclusion in the U.S. Crypto Strategic Reserve by asking, "So does this mean we have to change the name to America's Digital Asset?" His comment highlights the significance of ADA being listed by the U.S. government before even being added to Gemini, a major crypto exchange.

This moment further cements Cardano’s growing influence in the crypto space. With ADA surging 60% after Trump's announcement, long-term holders (LTHs) are more confident than ever.

Cardano Founder Shuts Down Rumors of US Government Crypto Role

Rumors are spreading that Cardano founder Charles Hoskinson might play a role in shaping U.S. crypto policy after a meeting with a VIP in Florida. However, Hoskinson denied the claims, saying that meetings do not mean endorsement and that he is not taking a government role.

He also stated that the crypto industry already has strong experts handling regulations. Charles Hoskinson urged people to stop speculating, saying he won’t comment further unless there’s new information.

Charles Hoskinson Says: "Good Things Are Coming."

Despite the speculation surrounding Cardano and its founder, Charles Hoskinson remains optimistic about the future. Grayscale has filed for the first-ever spot Cardano ETF in the US, marking a big step for ADA. Other firms like Virtune and 21Shares have also launched Cardano investment products, showing strong institutional interest.

Cardano’s inclusion in the U.S. Crypto Strategic Reserve and its recent price surge highlight its growing importance. Despite rumors, founder Charles Hoskinson remains confident about the future. He believes the crypto industry is in good hands and that big things are coming for Cardano. With rising adoption and investor trust, ADA is set for a bright future in the crypto market.

Also read: Trump Farm Daily Combo 03 March 2025: Boost Your Earning
Mohit Raghuwanshi
Mohit Raghuwanshi

Mohit Raghuwanshi is an Indian journalist working at Coin Gabbar’s news desk, passionately following the ever-evolving crypto market. With a keen interest in blockchain technology and digital assets, he delivers in-depth reports on industry trends, regulations, and market movements. He holds a bachelor's degree in Journalism and Mass Communication and previously worked as a content writer at a PR agency, honing his skills in crafting compelling narratives and analyzing financial markets.

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