Trump’s crypto strategic reserve sparks Cardano rally
Cardano has surged more than 75% following its inclusion in U.S. President Donald Trump’s proposed crypto strategic reserve plan.
After the Mar. 2 crypto strategic reserve announcement by Trump, Cardano’s (ADA) price skyrocketed, rising from a low of $0.6461 to $1.13, according to crypto.news price tracker.
Over the past 24 hours, the token’s trading volume has increased by a massive 1,450%, averaging $9.7 billion and increasing its market capitalization to $36 billion. The broader crypto market also saw a boost, with over $300 billion in capital appreciation.
With a strong advance over $0.82, a crucial resistance zone, the price action indicates that Cardano is emerging from a prolonged consolidation phase….
