On Sunday, Cardano (ADA) saw a massive 80% pump following the US President's announcement of a “Crypto Strategic Reserve” that will include ADA. As the cryptocurrency retests its key support levels, some analysts believe it might be poised for a 125% rally from current levels.
Since the beginning of the year, Solana (SOL) has been on a turbulent price ride. At first, it rose to a new ATH but crashed 53% amid a broader market correction and is struggling to recover.
The sharp reversal aligned with a cautious mood among traders after Monday's market rally following the ambitious plan, as a CoinDesk analysis previously noted.
A deeper retracement remains likely, with $155 and $145 emerging as critical support levels to watch.
The cryptocurrency market saw a sharp selloff on Tuesday, wiping out recent gains across major digital assets. Bitcoin (BTC) once again dropped to the $84,000 level, reversing its rally after former US President Donald Trump's announcement regarding a crypto reserve.
Onchain data has revealed that FTX/Alameda has unstaked 3.03 million SOL and transferred to multiple wallets on March 4. The firm also noted that 37 wallets received the $421.3 million unstaked SOL.
Solana started a fresh decline from the $180 zone. SOL price is down over 20% and might struggle to recover above the $150 resistance.
Cryptocurrency prices were on edge on Tuesday, mirroring the performance of American stocks. Bitcoin price plunged to $84,000, a big drop from the weekend high of over $100,000. The total market cap of all cryptocurrencies tracked by CoinMarketCap plunged by over 10% to $2.77 trillion, while liquidations jumped.
The coin saw a monumental 35% surge within an hour of the announcement.
Cryptocurrency prices suffered a big reversal during the American session leading to a $1 billion liquidation among investors. Bitcoin plunged below $85,000, while popular coins like Cardano (ADA), Official Trump (TRUMP), Dogwifhat (WIF), and Virtuals Protocol (VIRTUAL) falling by over 20%.
ADA, the native token of the Cardano blockchain, has experienced significant volatility over the past 48 hours. This price fluctuation has led to millions of dollars in liquidations, according to on-chain analytics firm Coinglass. Cardano (ADA) Liquidations Data shows that a total of $40.
Many industry leaders argue Bitcoin alone should be the basis of a strategic reserve, given its decentralized nature and global acceptance.
Cardano (ADA) has experienced a notable price surge recently, reaching $1.19 as demand for the cryptocurrency grows, particularly among large-scale investors. This surge in Cardano's value follows significant developments that have boosted investor confidence.
Cardano (ADA) saw a significant price surge on Monday, climbing 12.53% to $0.9666 on the Investing.com Index by 10:27 (15:27 GMT). This marks its biggest one-day gain since March 2, pushing its market cap to $33.67 billion, representing 1.13% of the total cryptocurrency market.
Cardano (ADA) saw a significant drop on Monday, falling 10.16% to $0.9126 by 13:38 (18:38 GMT) on the Investing.com Index. This marks its largest one-day percentage loss since March 3.
Donald Trump's Crypto Reserve has received considerable skepticism from the crypto community. Rather than a stand-alone Bitcoin Reserve, he is proposing to fill a national reserve with XRP, Cardano, and other US-based tokens.
Solana (SOL -21.86%) has been giving up ground over the last day of trading. The cryptocurrency's share price was down 19.4% over the previous 24 hours as of 6:45 p.m.
The cryptocurrency market's focus has once again shifted to Bitcoin as it looks to regain its bullish momentum. A significant recovery ensued following a steep correction that saw Bitcoin momentarily fall below $92,000, driven by the U.S. announcement of a strategic crypto reserve.
The cryptocurrency market has experienced significant volatility recently, and Solana (SOL) has been one of the standout performers, making noticeable gains. As of today, SOL has risen by 15.92%, catching the attention of traders and investors alike.
President Trump's plan to create a strategic reserve of altcoins—and not solely Bitcoin—is puzzling analysts at Bernstein.
Solana price is in the spotlight as the wallets linked to the bankrupt FTX Derivatives Exchange have received a massive SOL stash in a significant headwind for the coin. According to an update from Arkham Intelligence, the wallets tied to the FTX and Alameda Research Estate received 3.033 million Solana from an unidentified address.
President Donald Trump's influence is being felt in the crypto markets, with coins falling alongside stocks ahead of tariffs taking effect.
Cardano (ADA) has recently witnessed a remarkable surge in price, primarily driven by the news of its inclusion in the U.S. Strategic Reserve. This declaration has led to an explosive rally, with the price of ADA surging by over 72%, climbing from $0.645 to a high of $1.1488 in a single day.
Cardano (ADA) surged 60% yesterday after Donald Trump announced that ADA would be included in the US crypto reserve, pushing its price above $1.10. This massive rally fueled strong bullish momentum, with key indicators such as BBTrend and DMI confirming the strength of the uptrend.
Cardano (ADA) saw a massive more than 70% surge on Sunday in wake of US President Donald Trump announcing that he has ordered the creation of a US crypto reserve that would include Cardano, alongside Solana, XRP, Bitcoin, Ethereum and other major cryptos. The post Trump's Crypto Reserve Sends Cardano Soaring 70% – Is ADA Heading for $100? appeared first on Cryptonews.
White House AI and crypto czar David Sacks confirmed he owns no crypto assets, having sold off everything before US President Donald Trump took office.
Cardano (ADA) experienced a historical price surge over the weekend, skyrocketing by around 76% in a single day after President Trump mentioned the creation of a U.S. Crypto Strategic Reserve, which included ADA as one of its key assets.
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US President Donald Trump's announcement of a strategic crypto reserve has sparked controversy with some questioning the timing of the announcement. ADA Inclusion Raises Eyebrows U.S. President Donald Trump's naming of XRP and ADA among the five digital assets that will make up the crypto strategic reserve has sparked outrage and allegations of insider trading.
Gemini co-founder and CEO Tyler Winklevoss has discussed using altcoins like Solana (SOL), Cardano (ADA), and XRP in strategic crypto in the United States. His comments come amid the growing debate on the suitability of these assets and Bitcoin in a national digital assets stockpile.
A breakthrough moment: Cardano's upcoming status as a part of the U.S. Fed treasury briefly puts ADA back above $1.
Tyler Winklevoss, co-founder of Gemini, has publicly questioned the inclusion of XRP, solana (SOL), and cardano (ADA) in a proposed U.S. strategic crypto reserve. Winklevoss Criticizes Trump's Proposed Crypto Reserve Inclusion of XRP, SOL, ADA Over Suitability President Donald Trump, the 47th U.S.
ADA, XRP and SOL are seeing profit booking just a day after rallying following President Trump's US strategic crypto reserve announcement. Is the market headed toward new lows?
Solana (SOL) has delivered a dramatic shift in market structure, breaking above a descending parallel channel that had dominated its price action for several weeks. Ali Martinez (@ali_charts), who shared the attached four-hour chart, suggests that this breakout could position the token for a potential climb toward $213.
Trump plans to include ADA in a US strategic Bitcoin reserve, and futures traders are bullish.
President Donald Trump announced the inclusion of XRP (Ripple), SOL (Solana), and ADA (Cardano) in a new U.S. Crypto Strategic Reserve, triggering a surge in their market value.
Cardano's ADA, Ripple's XRP and Solana's SOL tokens rocketed after U.S. President Donald Trump named them as part of his crypto strategic reserve. CoinDesk's Christine Lee explains how this is part of Trump's plan to make the U.S. the crypto capital of the world on "Chart of the Day.
ZachXBT argues ADA and XRP lack legitimacy due to missing major stablecoin issuers. Trump's crypto reserve proposal has divided opinions on asset selection.
The crypto markets witnessed huge volatility in the past couple of days, which increased the global market capitalization to above $3 trillion. Bitcoin's price surged above $95,000, which prevented the price from falling from an extended bearish trend.
Cardano recent price surge has been nothing short of impressive, with ADA climbing steadily to challenge the $1.17 resistance level, a key psychological and technical barrier. Overbought conditions often precede a period of consolidation or correction, as traders take profits and the market seeks equilibrium.
Bitcoin bounces back from multi-month lows. Some altcoins rally on US crypto reserve development.
Altcoins soar as Bitcoin reclaims $93.5K amid Trump's Crypto Strategic Reserve. Can ADA hit $1.63, SOL rally to $260, and XRP break $4.26?
The Trump pump may prove to be short-lived, as Bitcoin, Ethereum, and other major assets are cooling off following Sunday's surge.
Here's the summary of the top three crypto news stories over the past weekend presented to you by U.Today.
BNB Chain is implementing significant upgrades to Binance Smart Chain to handle increasing meme coin activity, including transaction throughput improvements and a $4.4 million liquidity program.
Bitcoin skyrockets 10%, Cardano's ADA up to 60% and Ripple's XRP up to 25% within 24 hours of U.S. President Trump announcing his support for a Crypto Strategic Reserve. Meanwhile, Switzerland's central bank rejects the idea of holding bitcoin reserves and the Ethereum Foundation names two new executive directors.
White House-appointed ‘Crypto Czar' David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.