Trump plans to include ADA in a US strategic Bitcoin reserve, and futures traders are bullish.
President Donald Trump announced the inclusion of XRP (Ripple), SOL (Solana), and ADA (Cardano) in a new U.S. Crypto Strategic Reserve, triggering a surge in their market value.
Cardano's ADA, Ripple's XRP and Solana's SOL tokens rocketed after U.S. President Donald Trump named them as part of his crypto strategic reserve. CoinDesk's Christine Lee explains how this is part of Trump's plan to make the U.S. the crypto capital of the world on "Chart of the Day.
ZachXBT argues ADA and XRP lack legitimacy due to missing major stablecoin issuers. Trump's crypto reserve proposal has divided opinions on asset selection.
Cardano recent price surge has been nothing short of impressive, with ADA climbing steadily to challenge the $1.17 resistance level, a key psychological and technical barrier. Overbought conditions often precede a period of consolidation or correction, as traders take profits and the market seeks equilibrium.
Bitcoin bounces back from multi-month lows. Some altcoins rally on US crypto reserve development.
Altcoins soar as Bitcoin reclaims $93.5K amid Trump's Crypto Strategic Reserve. Can ADA hit $1.63, SOL rally to $260, and XRP break $4.26?
Here's the summary of the top three crypto news stories over the past weekend presented to you by U.Today.
Bitcoin skyrockets 10%, Cardano's ADA up to 60% and Ripple's XRP up to 25% within 24 hours of U.S. President Trump announcing his support for a Crypto Strategic Reserve. Meanwhile, Switzerland's central bank rejects the idea of holding bitcoin reserves and the Ethereum Foundation names two new executive directors.
As news broke yesterday that Cardano (ADA) will be added to the Strategic Reserve of the United States of America, the price of the eighth biggest cryptocurrency surged by over 72% in just one day. Going all the way from $0.645 to $1.1488, ADA rewrote any price prediction that was in place and definitively changed its narrative.
Donald Trump's decision to include select cryptocurrencies in the U.S. Crypto Strategic Reserves has stirred intense debate in the crypto space. According to CryptoQuant CEO Ki Young Ju, the U.S. is now using the crypto market as a strategic tool, especially for its national interests.
Litecoin (LTC) was the only underperformer, falling 8.5% from Friday.
Trump aims to establish a U.S. Crypto Reserve to revitalize the digital asset industry. He claims it will counter “corrupt attacks” by the Biden Administration.
The ADA cryptocurrency posted an impressive 60% rise in just one day after six consecutive weeks of decline.
The cryptocurrency market erupted after Donald Trump announced the formation of a U.S. Strategic Crypto Reserve, placing key assets like XRP, Cardano , and Solana in the spotlight. Posting on Truth Social, Trump declared his ambition to make the U.S. the “Crypto Capital of the World”, sending shockwaves through the digital asset space.
Bitcoin (CRYPTO: BTC) and altcoins rallied sharply after President Trump's surprise announcement of a U.S. crypto strategic reserve. What Happened: In an X post on Monday, Eric Trump praised the timing of his father's announcement, calling it a shift in financial dynamics that finally gives retail investors a leg up.
Cardano (ADA) has staged a remarkable recovery, surging 82% from its February 3 low of $0.6249 to $1.13 on March 3 before settling at $0.96 at press time.
TL;DR Massive Surge: Cardano (ADA) surged 60% over the weekend, fueled by Trump's Strategic Crypto Reserve announcement, and has now passed the $1 mark. Key Price Break: ADA's price jumped from $0.57 to $1.19, breaking important resistance levels and marking a 12-week high.
Cardano (ADA) shot up almost 50% in the past 24 hours after US President Donald Trump announced US crypto reserves.
Ripple's XRP and ethereum rivals solana and cardano—all regarded as U.S.
Cardano (ADA), the eighth largest cryptocurrency by market cap, has seen a 1,595% surge in trading volume, coupled with a 73% price increase in just 24 hours. According to CoinMarketCap data, Cardano's trading volume reached $10.34 billion, marking a 1,702% surge in the last 24 hours.
The 2025 bull run is back on the map. In the mids of bearish sentiment, the tables have turned.
Cardano (ADA) has outperformed the rest of the crypto market with an over 80% rally in 24 hours. However, at press time, Cardano price was erasing some of these gains after dropping from above $1 to trade at $0.97.
While the idea of a reserve had been floated before, this marks the first time specific altcoins were highlighted, analysts told Cointelegraph.
The announcement led to a 60% increase for ADA and a 25% increase for XRP.
Trump's crypto bombshell sent markets surging, with XRP, SOL, and ADA leading the charge before Bitcoin and Ethereum were added.
Blockchain investigator ZachXBT questions the legitimacy of ADA and XRP in Trump's crypto reserve strategy, citing their lack of major stablecoin issuers, sparking debate over their role in the evolving crypto space. The post ZachXBT Questions ADA and XRP's Role in Trump's Crypto Reserve Strategy appeared first on Cryptonews.
The assets have been the best-performing top 20 cryptocurrencies in the last 24 hours.
XRP in the U.S. Strategic Reserve. Let that sink in.
The US government's decision to establish a Strategic Crypto Reserve has ignited intense discussions, with industry leaders questioning its structure and asset selection. On March 2, US President Donald Trump revealed that his executive order had directed his administration to create a national crypto reserve.
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP).
It happened – Donald Trump named five cryptocurrencies that will form the US strategic reserve. Beyond Bitcoin ($BTC), the US government will buy Ethereum ($ETH), Solana ($SOL), Cardano ($ADA), and XRP ($XRP).
Cardano's ADA token surged 70% to $1.19 after being named in President Trump's Strategic Crypto Reserve initiative, accompanied by increased network activity and whale accumulation.
President Donald Trump has reaffirmed his commitment to cryptocurrency by announcing plans for a US government-held digital asset reserve.
Cardano price surged to a high of $1.175 on Monday, its highest level since December 12 last year. At its highest point, the ADA price was up by over 130% from its lowest level in February.
Donald Trump has once again stormed the bearish crypto market with the announcement of US crypto reserves for Bitcoin (BTC) and top altcoins like Ethereum (ETH), XRP, Solana (SOL), and ADA. However, market analysts believe that implementation of the same could be easier said than done.
Cardano's price is known for its sluggish trend. The price remains consolidated within a narrow range, due to which some label it as a dead coin or a stablecoin. To wake up the Cardano bulls, huge positive news was required, and the latest announcement of the Strategic Reserve served the purpose.
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 crypto strategic reserve announcement by Trump, Cardano's (ADA) price skyrocketed, rising from a low of $0.
47th US President Donald Trump is about to host its first-ever Crypto Summit on 7th March 2025. This event includes key industry figures, like founders, CEOs, and investors, along with government officials. As excitement builds, investors are looking for the best altcoins to buy before the summit to gain maximum profits.
Trump is scheduled to hold the first Crypto Summit at the White House on Mar.7, where he is expected to share further plans on how crypto regulations and businesses will be supported in the country.
Bitcoin and Ethereum experienced a sharp rise on Sunday after Donald Trump confirmed that both would be included in a planned U.S. crypto reserve.
President Donald Trump has announced the creation of a U.S. strategic crypto reserve, which will include Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, and Cardano (ADA).
Why Cardano Price is Up Today? Cardano (ADA) has surged significantly today, driven by multiple factors, including its inclusion in the U.S. Crypto Strategic Reserve. This news has sparked renewed optimism among investors, pushing ADA's price up by over 70% in just 24 hours.
The crypto market today has been chugging up on the charts. The fuel for the investor optimism comes from U.S. President Donald Trump endorsing a strategic crypto reserve, which includes XRP, Solana, and Cardano as well. This has directly led to the market cap of the business shooting up a remarkable 9.01% to $3.09 trillion.
President Trump has directed the President's Working Group on Digital Assets to include XRP, Solana, and Cardano in the US crypto strategic reserve.
March 3, 2025 05:10:53 UTC David Sacks Sells Crypto Holdings After Trump's Inauguration White House AI and cryptocurrency czar David Sacks, alongside his firm Craft Ventures, sold their entire cryptocurrency holdings—including Bitcoin, Solana, and Ethereum—following President Trump's inauguration.
Cardano price started a surge above the $0.70 zone. ADA is up over 60% and now consolidates near the $1.050 support zone.