There is speculation that Cardano would reach $ 25 in 2025 as Trump nominated it as one of the assets joining the US Crypto Strategic Reserve.
Cardano (ADA) Dominated crypto discussion After Donald Trump, it was designated as one of the assets to be included in the US Crypto Strategic Reserve, as well as Solana (Fifth note of musical scale), Ripple (XRP), Bitcoin (BTC), and Atherium (Eth) on 2 March. The announcement sent 75% to the ADA rally within a few hours, which increased from $ 1.13 at least from $ 0.6461. However, it has retreated to $ 0.96 at the time of writing.
With the first-Crypto summit, Slated for March 7, Cardano Crypto dominates with rapid speculation on Twitter that ADA can reach $ 25 in 2025. The summit will be led by David Sachs, which will be appointed as the AI and Crypto Caesar of the administration, and will together discuss the leaders, investors, investors, and innovations of the industry. Even more importantly, this incident is expected to address the establishment of US Crypto Strategic Reserve. Interestingly, Charles Hoskinson, the founder of Cardano or any other cardano representatives, was not invited to the White House Crypto Roundteable on March 7. In addition, Hoskinson did not even know that the Trump would include ADA in his proposed Crypto Reserve until the announcement.
“We knew nothing about being selected for the reserve for ADA. This was news to me, ” Comment Hosinson. He said that he woke up to an inbox filled with congratulations on March 2, but “there was no idea what the cat was going.”
As far as ADA is likely to reach $ 25 in 2025, the prophecy is definitely ambitious and is based on purely speculation, as opposite to the historical value action of Cardano. The highest ADA was $ 3.10 in September 2021 anytime. At the time of writing, the ADA is trading for $ 0.96, which is below its all -time high to 69%. Despite the declaration of reserved inclusion, it is currently 4.32% lower in the last 24 hours, according to 24-hour trading volume $ 3.15 billion, according to Coinmarketcap,
Even Hoskinson pair a dose of realism for recent speculation about Cardano (or any other property involved in the reserve, for that case), They said“If you believe for a moment that your cryptocurrency will be successful simply because someone ‘participated in the Vanity Fair,’ You are a fool.”
It is being said, Reserve News excluded ADA from the phase of long consolidation as it dropped out of $ 0.82, an important resistance field. That level has now become support. The next major resistance to view is around $ 1.20, if the speed continues then with a possible step towards $ 1.50.
It is being said, it is worth noting that according to Kaciko Research, the Cardano in the US Reserve cannot be fully fully included. According to his recent report, the ADA has seen the strongest capital flow after the reserved announcement, as indicated by open contracts on Baibit, OKX and Benance. According to Kaiko, it shows that its inclusion in the reserve may not yet be completely reflected in the market. Kaiko also said that ADA’s open interest has increased by 10%, which has reached $ 554 million.
In addition to joining the US Strategic Crypto Reserve, the cardano price can be provoked by the possible approval of Cardano ETF. As PolymarketCardano ETF is 69% likely to be approved in 2025.
