The Cardano price pump will make ADA holders very happy today. We are looking at a 60% surge and ADA is now back above $1. This impressive jump has put Cardano ahead of both XRP and Solana in daily gains, catching many traders by surprise.
This massive price movement seems to be connected to Donald Trump discussing the creation of a U.S. Crypto Reserve. This would be part of a Crypto Strategic Reserve, which he claims would include XRP, SOL (Solana), and ADA (Cardano). Trump has criticized the Biden administration for how they’ve handled crypto regulation. He says his executive order on digital assets will make the U.S. the “Crypto Capital of the World.”
Trump’s views on cryptocurrency have changed a lot over time. At first, he didn’t like it much and called Bitcoin a “scam.” He worried it might compete with the U.S. dollar. But in recent years, as politics changed and the crypto industry grew stronger, he started to like digital assets more.
If Trump’s statements about a Crypto Strategic Reserve are serious, this would mean a huge shift in how the U.S. treats crypto. It would basically mean the government sees cryptocurrencies as valuable national assets. This is very different from Biden’s approach, which has focused more on strict regulations.
JUST IN: Cardano $ADA rises 50% to $1 following President Trump's US Crypto Reserve announcement.
— Watcher.Guru (@WatcherGuru) March 2, 2025
If Trump really becomes a pro-crypto president, many crypto investors and businesses might support him. These people are tired of all the regulatory uncertainty in the U.S. right now. His support for coins like XRP, Solana, and especially Cardano could be a smart move both politically and financially. These projects already have strong support and dedicated communities.
The market seems to be responding most strongly to Cardano, with its 60% gain leading the pack. While all three mentioned coins are up, ADA’s dramatic rise shows just how excited investors are about its potential future under more favorable policies.
The market reaction tells a clear story about which community is most excited by Trump’s announcement. While XRP and SOL posted respectable gains of 20-30% today, ADA completely outshined them with its massive 60% pump. It looks like the Cardano community is the happiest with this news, perhaps seeing it as validation of their long-term faith in the project. Social media channels are buzzing with ADA supporters celebrating what they see as a turning point for Cardano’s adoption and recognition in the mainstream financial world.
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