Cardano (ADA) Surges Following Trump’s Crypto Reserve Announcement

Cardano (ADA) has emerged as one of the biggest winners following U.S. President Donald Trump’s announcement of a national crypto strategic reserve.

The news sent shockwaves through the market, igniting speculation about altcoins like Cardano, XRP, and Solana (SOL)—leading to a 60% surge in ADA’s value.

Trading volume spiked as investors piled in, fueling hopes for a sustained breakout. However, volatility in crypto could mean this is either the start of a larger move for Cardano or just another fleeting rally.

Cardano: Trump’s Crypto Reserve Announcement Sparks Market Frenzy

President Trump’s announcement of a U.S. Crypto Strategic Reserve aims to bolster the industry after what he termed “corrupt attacks” by the Biden administration. Trump confirmed that XRP, Solana, and Cardano were included in the reserve, but Bitcoin (BTC) and Ethereum (ETH) were notably absent.

This omission fueled speculation, but Trump quickly clarified:
> “And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be the heart of the Reserve. I also love Bitcoin and Ethereum!”

This clarification sparked intense debate about which assets would benefit most; however, ADA seems to be the initial beneficiary with its impressive surge.

ADA Skyrockets

Following Trump’s announcement, Cardano witnessed a sharp surge, climbing approximately 60% as traders speculated on its potential inclusion in the reserve. The first chart shows ADA/USD on the hourly timeframe, where a sudden price spike pushed ADA past key moving averages, reflecting the influx of buyers.

The RSI briefly entered overbought territory above 73, indicating strong momentum before a pullback. The MACD histogram turned positive, reinforcing the bullish sentiment.

Santiment data highlighted a massive increase in transaction volume and whale activity, particularly after the announcement. ADA’s price soared alongside a surge in whale transactions exceeding $1 million, signaling institutional or high-net-worth interest.

However, after peaking, selling pressure emerged, suggesting that short-term traders were locking in profits.