Why Is Cardano (ADA) Price Surging Today?

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ADA price is up 73% from its recent lows of $0.57 responding to President Trump’s directive for the establishment of a Strategic Crypto Reserve that includes Cardano.

Cardano has recovered strongly, bouncing 60% from a low of $0.64 on March 2 to reach a 12-week high of $1.19. The rebound comes after President Donald Trump directed a working group to “move forward” with establishing a Crypto Strategic Reserve including Solana SOL, XRP and ADA.

The most immediate catalyst for Cardano’s price surge today is US President Donald Trump’s executive order on the establishment of a Strategic Crypto Reserve.


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