Cardano’s native token, ADA, is making big moves! Currently priced around $1, it just surged 25% in 24 hours, pushing its market cap to $35.27 billion with a trading volume of $5.53 billion.
After Trump announced ADA’s inclusion in the crypto reserve, the price pumped to $1.10 on March 3 before dipping to $0.80 the next day. Over the past week, ADA is up 46.97%, while Ethereum (-14%) and Solana (-1.7%) have struggled.
Why’s ADA Pumping?
A huge factor is Trump’s move to add ADA to the U.S. crypto reserve, alongside other major cryptocurrencies. But that’s not all—there’s major hype around the upcoming White House Crypto Summit on March 7, this year.
What’s the Crypto Summit About?
President Trump is hosting it
Top crypto leaders are attending
Stablecoins, regulations & digital money adoption are key topics
Rumors suggest Charles Hoskinson (Cardano’s founder) might show up!
The event is led by Sacks & Bo Hines from the President’s Working Group on Digital Assets, and it could reshape the crypto space. With this much momentum, ADA’s price action isn’t slowing down anytime soon!
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