 jumps 15% after Donald Trump announces a U.S. Strategic Crypto Reserve. Whales buy 420M ADA, pushing market momentum higher.){kind=link}
Cardano (ADA) experienced a sharp 15% surge in price following former U.S. President Donald Trump’s announcement of a U.S. Strategic Crypto Reserve.
The policy move has sparked increased investor confidence, leading to a significant accumulation of 420 million ADA tokens by large-scale investors, or “whales.”
The announcement has positioned Cardano as a key player in the broader crypto market, with analysts predicting further bullish momentum.
Crypto expert Ali Martinez suggests that if ADA confirms a breakout with a 12-hour candlestick close above $1.19, it could rally to $2.20 in the near future.
Cardano Shows Strength as Whale Activity Hits Three-Month High
Data from Santiment reveals that Cardano’s surge to $1.13 was driven by the highest whale activity observed in over three months.
Notably, transactions exceeding $100,000 spiked, reducing the average token age—a sign that ADA is circulating at a higher rate within the network.
Prominent Cardano figure Hieronymus noted that Cardano is the only cryptocurrency that hasn’t retraced since the U.S. Reserve announcement, suggesting strong underlying market support.
These movements indicate sustained institutional interest, possibly fueled by speculation that Cardano could play a role in the newly proposed crypto reserve strategy.
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Liquidations and Open Interest Reach Record Levels
The recent price surge has also led to increased volatility in the futures market. According to Coinglass, Cardano’s liquidations spiked to an all-time high on Sunday, with $37.8 million worth of ADA liquidated in the past 24 hours.
At the same time, open interest—an indicator of the total number of outstanding derivative contracts—climbed to its highest level in a month.
The liquidation suggests that traders are positioning themselves for further price movements, although the market remains highly reactive to macroeconomic and regulatory developments.
Meanwhile, IntoTheBlock data shows that large transaction volumes declined by 8.2%, but daily active addresses slightly increased by 0.2%, reflecting continued engagement from smaller investors.
Cardano’s Market Cap Surpasses $33.5 Billion as Price Momentum Builds
As of today, Cardano’s price stands at $0.935, with a 24-hour trading volume of $4.4 billion. This marks a 15.21% price increase in the past day and an impressive 36.30% gain over the last seven days.
With a circulating supply of 36 billion ADA, Cardano’s market capitalization has now surpassed $33.5 billion, solidifying its position as one of the leading cryptocurrencies.
The combination of whale accumulation, increasing adoption, and speculation surrounding the U.S. Strategic Crypto Reserve has fueled optimism for Cardano’s future price trajectory.
If bullish trends continue, analysts expect ADA to test key resistance levels, with a potential breakout paving the way for further gains.