Cardano (ADA) has been at the center of crypto discussions ever since former U.S. President Donald Trump announced it as one of the assets set to be included in the U.S. Crypto Strategic Reserve. Alongside Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP, Cardano’s selection sent shockwaves through the market. The news triggered an immediate 75% surge in ADA’s price, jumping from $0.64 to $1.13 before settling around $0.96 at the time of writing.
Trump’s Crypto Summit & The $25 ADA Speculation
Excitement continues to build ahead of the March 7 White House Crypto Summit, where discussions about regulatory policies and the role of digital assets in the U.S. economy are expected. The summit will be led by David Sacks, who has been appointed as the administration’s AI and crypto czar. This has fueled intense speculation that ADA could skyrocket to $25 by 2025, with bullish voices on Crypto Twitter leading the charge.
However, Cardano founder Charles Hoskinson was blindsided by the news. In a candid response, Hoskinson revealed he had no prior knowledge that Cardano would be part of Trump’s strategic reserve plan.
“We knew nothing about ADA being selected for the reserve. It was news to me,” Hoskinson admitted. He said he woke up to a flood of congratulatory messages but had “no idea what the heck was going on.”
Reality Check: Can ADA Really Hit $25?
While the idea of ADA hitting $25 in 2025 is exciting, it’s largely based on speculation rather than historical data. The highest Cardano has ever reached was $3.10 in September 2021, making a 2,500% increase to $25 seem ambitious. Even Hoskinson himself cautioned investors, stating:
“If you believe for a moment that your cryptocurrency will succeed just because someone attended a ‘vanity fair,’ you’re a fool.”
Despite this, the reserve news has helped ADA break out of a prolonged consolidation phase. It successfully moved above the $0.82 resistance, which is now acting as a strong support zone. If bullish momentum continues, analysts are watching the next key resistance levels at $1.20 and $1.50 for potential price movement.
What’s Next for Cardano?
As the March 7 Crypto Summit approaches, all eyes are on how the market reacts. While the U.S. Crypto Strategic Reserve is still in its early stages, its inclusion of Cardano could boost institutional adoption and long-term value.
The real test will be whether ADA can hold its gains and build momentum beyond speculation. Will it live up to the $25 price prediction, or is this just another market-driven hype cycle? Time will tell.