Cardano (ADA) has experienced a major price surge, rallying over 60.95% after the announcement of US President Donald Trump's Crypto Reserve.
ADA has reclaimed $1 and emerged as the top gainer, with a 42.88% gain in the past seven days.
The recent surge in ADA is accompanied by an increase in daily trading volume by over 1455%.
Technical indicators suggest a bullish momentum for Cardano, but caution is advised due to potential overbought conditions and the need for further research.