Cardano (ADA) is on fire today, surging at an incredible pace after being included in the U.S. Crypto Strategic Reserve. This surprise move has sent shockwaves through the market, fueling excitement and speculation about what’s next for ADA.
With technical indicators flashing bullish signals and whales making big moves, could this be the start of an even bigger rally? Here’s what’s driving ADA’s explosive growth – and why its momentum might not slow down anytime soon.
Cryptocurrencies selected for the reserve saw significant price jumps. In the last 24 hours, Cardano (ADA) surged 60.6%, XRP jumped 31.7%, and Solana (SOL) rose 22.6%.
President Trump later confirmed that Bitcoin (BTC) and Ethereum (ETH) would also be part of the reserve, pushing BTC up 9.9% and ETH up 12.1%.
Following the announcement, Cardano’s price surged 75%, rising from $0.6461 to $1.13, according to CoinMarketCap. Its trading volume skyrocketed by 1,450%, bringing its market cap close to $40 billion. The overall crypto market also surged, with total market capitalization increasing by nearly 10% to $3.1 trillion, while trading volumes jumped 150% to $190 billion.
On-chain analyst Ali Martinez reported that whales purchased nearly 200 million ADA in the past day, signaling strong accumulation. With this massive buying activity, ADA has become one of the top-performing assets in the market today.
Cardano’s rally has broken through a bullish flag and pole pattern on the weekly chart—a setup that began forming in December 2024. After a prolonged downtrend, today’s breakout lifted ADA by 70%, setting the stage for a potential 90% rally.
Analysts believe that if ADA holds above $1.05 by the end of the week, its next target is $1.90. The token has also broken above the 200 Exponential Moving Average (EMA) on the daily chart, a strong bullish signal.
For ADA’s uptrend to continue, it must stay above the $1.05 level. If this support holds, the next leg up could take the price to $1.90. With the U.S. Crypto Strategic Reserve backing ADA, investor confidence is growing, further strengthening its long-term outlook.
In another big development, Grayscale Investments has added Cardano (ADA) to its Smart Contract Fund, alongside leading projects like Ethereum, Solana, Avalanche, Sui, Near, and Polkadot. This inclusion further boosts ADA’s credibility among institutional investors.
Additionally, Grayscale has filed a proposal with the U.S. SEC to launch a spot Cardano (ADA) ETF. If approved, this would be the first standalone Cardano investment product in the U.S. ETF market, potentially attracting more institutional investment and driving further price appreciation.
All In All…
With its inclusion in the U.S. Crypto Strategic Reserve, strong whale accumulation, key technical breakout, and growing institutional interest, ADA is gaining serious momentum.
If it holds critical support levels, the next leg up could push the price even higher, making it one of the most promising assets in the crypto market right now.
According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.62 in 2025.
As per our latest ADA price analysis, the Cardano could reach a maximum price of $69.33.
By 2050, a single Cardano price could go as high as $329.56.
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