$ADA A ADA's rise occurred during a week marked by a series of favorable news for the crypto sector, including the election of Donald Trump as president of the USA and interest rate cuts promoted by the Federal Reserve on Thursday. These events fueled optimism in the crypto market, but the announcement by Hoskinson, made during a podcast on Friday, attracted even more attention and gave an extra boost to ADA.

Hoskinson explained in his podcast that he will be dedicating more time in Washington D.C., working alongside lawmakers to promote and facilitate robust and inclusive crypto policy in the United States.