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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.
