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Cardano (ADA) Price: Rockets 80% Higher After US Government Recognition

  • Cardano (ADA) experienced an 80% price surge following the announcement of a 'US Crypto Strategic Reserve' that includes ADA.
  • Trump clarified that Bitcoin, Ethereum, ADA, XRP, and Solana will be part of the reserve.
  • ADA's trading volume and whale activity significantly increased, with whales purchasing over 420 million ADA in 24 hours.
  • After the surge, ADA's price retraced to the $0.90 support zone, indicating normal consolidation after the sharp move.

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