Cardano's price reached $0.597, its highest since April, following a broader rally in the cryptocurrency market after Trump's reelection.Speculation about Cardano founder Charles Hoskinson joining Trump's administration fueled the price surge, but no formal confirmation has been made.ADA's recent surge has pushed its daily relative strength index (RSI) to its highest levels since December 2023, suggesting a possible pullback.Investors should exercise caution as ADA's potential for growth comes with risks, and its future performance is uncertain.