The cryptocurrency market was once again painted green. While some assets were recovering quite slowly, a few others were experiencing a fast-paced uptick. Cardano (ADA), Solana (SOL) and XRP were the stars of today as they pocketed the biggest gains. Cardano was certainly leading this rally with a rise of nearly 60% over the past day. This upward trajectory was due to Donald Trump’s announcement about adding the ADA, SOL, and XRP into the US’s Crypto Strategic Reserve.
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A Look Into The Market
The Cardano market witnessed a fairly good run over the past couple of months. But February turned out to be extremely bearish for the entire market. The altcoin started 2025 at a high of $1 but it soon dipped to a low of $0.5648. Trump’s latest news came as a gamechanger. Earlier today, ADA was trading at a low of $0.6461. After rising by 58.39% the asset shot up to a high of $1.13. At the time of writing, the cryptocurrency was trading at $1.04 following a slight correction.
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Cardano 2025 Price Prediction
The President did not give the cryptocurrency a date. While three assets are confirmed to be on the reserve, the date of its launch is still under wraps. The community believes that this could launch sometime this year. Data from CoinCodex revealed that Cardano is expected to have a fairly good year. The firm revealed that it is projected that Cardano will trade in a range of $0.991383 to $1.817585. The asset will spike up to this level in August 2025. In addition, it comes with an average yearly price of $1.262372 in 2025. Compared to the present rates, this may yield a potential return on investment of 78.66%.
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